January 22, 2026
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Best Lenders to Secure a 240k Bridging Loan

Best Lenders to Secure a 240k Bridging Loan

Discover the best UK lenders offering £240,000 bridging loans. Learn how to secure quick, short-term financing with competitive rates and flexible terms.
Abdus-Samad Charles
Finance Writer

Head of Content at Funding Agent, with four years’ experience creating practical, easy-to-follow, SEO-informed guidance for UK small and medium-sized businesses.

Best Lenders to Secure a 240k Bridging Loan

For UK franchise buyers and operators, this guide compares loan periods and amounts, APRs, and terms across leading providers, with a focus on eligibility and fit. Amounts that could not be verified are left blank, prices accurate as of 2026-01-22.

1. Funding Agent

Funding Agent offers a platform for UK SMEs to compare business finance options with an emphasis on speed and simplicity. It is typically suited for franchise buyers and operators seeking unsecured business loans and working capital. The provider features a streamlined application process without collateral requirements and provides a range of repayment structures.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,000,000
  • Min APR: 4%
  • Max APR: 20%
  • Loan Duration: 3–60 months

Services & Industries

  • Finance Types: Unsecured business loans, MCA Loans, Working capital
  • Industries: UK SME's

Pros

  • fastest and easiest application process
  • No collateral required

Cons

  • lower track record, only trading 1 year

Sources: Funding Agent

2. MT Finance

MT Finance focuses on bridging finance solutions mainly for property purchases and refinances. It suits franchise buyers and property investors who require rapid decisions and flexible loan terms. The lender provides bridging loans secured on property with a straightforward repayment structure and no early redemption fees.

Loan Details

  • Min Amount: £50,000
  • Max Amount: £10,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 3-24 months

Services & Industries

  • Finance Types: Bridging Loans
  • Industries: Real Estate, Commercial

Pros

  • Fast decisions
  • No exit or early redemption fees

Cons

  • Limited APR transparency

Sources: Source

3. Funding 365

Funding 365 provides flexible bridging loans without fixed terms or mandatory monthly repayments. This provider is suitable for borrowers who require adaptable repayment arrangements and have varying loan needs. It specialises in options where security and APR details may be less defined but where flexibility matters most.

Loan Details

  • Min Amount: £0
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Bridging Loans
  • Industries: Various

Pros

  • No fixed monthly payments
  • Flexible terms

Cons

  • Lack of APR information

Sources: Source

4. Shawbrook Bank

Shawbrook Bank is a specialist lender focusing on bridging loans for property transactions. It is suited to franchise buyers and investors needing competitive rates and high loan-to-value options. The bank offers a range of loan durations with repayment types typically secured on real estate collateral.

Loan Details

  • Min Amount: £50,000
  • Max Amount: £25,000,000
  • Min APR: 0.79%
  • Max APR: 0%
  • Loan Duration: Up to 24 months

Services & Industries

  • Finance Types: Bridging Loans
  • Industries: Real Estate

Pros

  • Competitive rates
  • High LTV options

Cons

  • APR variability

Sources: Source

5. Precise Mortgages

Precise Mortgages offers residential mortgages and bridging finance tailored to property-related transactions. Suitable for franchise buyers requiring straightforward financing, the provider emphasises simple terms and typical repayment options secured on real estate. Loans are usually arranged with consideration of exit fees and repayment flexibility.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 1-18 months

Services & Industries

  • Finance Types: Bridging Loans
  • Industries: Real Estate, Mortgage

Pros

  • No exit fees
  • No early repayment charges

Cons

  • Short loan durations

Sources: Source

6. KIS Finance

KIS Finance acts as an independent broker offering various finance options, including bridging and commercial loans. It typically serves those needing brokering services for competitive rates across multiple sectors. The firm supports flexibility in loan structuring and works with both individual and business clients.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Bridging Loans, Commercial Loans
  • Industries: Finance, Consultancy

Pros

  • Independent consultancy
  • Competitive rates

Cons

  • Lack of loan amount specifics

Sources: Source

7. Fluent Money

Fluent Money operates as a secured loans broker providing customized lending options through a panel of lenders. This service suits franchise buyers seeking secured and bridging loan possibilities with variable collateral requirements. The broker emphasises personalised solutions adapted to borrower needs and available lender offerings.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Secured Loans, Bridging Loans
  • Industries: Finance

Pros

  • Extensive lender panel
  • Personalized solutions

Cons

  • Loan availability depends on approval

Sources: Source

8. The Loans Engine

The Loans Engine specialises in brokering finance across residential and commercial lending products. It is generally suited for franchise buyers requiring a broad range of loan types, including secured and commercial mortgages. The broker offers access to diverse loan options with various terms and repayment structures.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 2-30 years

Services & Industries

  • Finance Types: Commercial Mortgages, Secured Loans
  • Industries: Finance, Real Estate

Pros

  • Diverse loan options
  • Fast decision making

Cons

  • Longer loan approval process

Sources: Source

9. Belgravia Property Finance

Belgravia Property Finance provides finance focused on property development projects for commercial and residential clients. It typically fits franchise buyers or developers seeking specialised bridging loans with competitive cost structures. The provider emphasises lower-cost funding options with tailored solutions for real estate investment.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 3.24%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Bridging Loans, Development Finance
  • Industries: Property Development, Real Estate

Pros

  • Low cost solutions
  • Specialized finance

Cons

  • Limited transparency on amounts

Sources: Source

10. Vibe Finance

Vibe Finance is a specialist broker offering secured loans and mortgage solutions for residential and commercial investments. It targets borrowers needing tailored lending solutions with flexible terms. The provider offers competitive rates and works within specified loan durations for property investment financing.

Loan Details

  • Min Amount: £200,000
  • Max Amount: £0
  • Min APR: 4.7%
  • Max APR: 8.2%
  • Loan Duration: 26 Months

Services & Industries

  • Finance Types: Secured Loans, Commercial Mortgages
  • Industries: Property Investment, Finance

Pros

  • Competitive rates
  • Tailored solutions

Cons

  • Limited duration options

Sources: Source

How to choose

When seeking to secure a bridging loan around 240 thousand pounds, consider your loan amount and repayment capacity carefully. Assess the APR and compare fees to ensure they fit your budget over the desired loan period. Evaluate lender turnaround times and eligibility requirements to match your urgency and credit profile. Review whether the loan requires collateral and understand the security needs, especially for property-secured loans. Decide if you prefer a direct lender or a broker who can offer multiple options. Always check the terms for early repayment and exit fees before committing.

Conclusion

Choosing the right lender depends on your specific financing needs. Banks like Shawbrook offer direct bridging loans with competitive rates, while brokers such as KIS Finance or the Loans Engine provide access to a variety of lenders and loan products. Specialists tend to focus on niche sectors or property development. Funding Agent remains a reliable option for quick comparisons across multiple lending sources. Matching the provider type to your borrowing purpose can simplify the borrowing process for a 200 thousand pounds loan.

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FAQs

What is a bridging loan and how does it work?
Who are the best lenders for a £240k bridging loan?
What are the typical interest rates for bridging loans in the UK?
How quickly can I get approved for a bridging loan?
Are there any fees associated with securing a bridging loan?
What are the eligibility criteria for a £240k bridging loan?

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1Funding AgentFunding Agent helps UK SMEs compare business finance options fast, with a simple application journey and quick eligibility matching.£10,000–£1,000,000; 4%–20% APR; 3–60 months
2MT FinanceMT Finance is an award-winning Bridging Finance lender based in London, offering fast and flexible bridging loan solutions.£50,000–£10,000,000; 0%–0% APR; 3-24 months
3Funding 365Funding 365 offers bridging loans with no fixed terms or fixed monthly payments, focusing on flexible repayment structures.£0–£500,000; 0%–0% APR; Unknown
4Shawbrook BankShawbrook Bank is a British specialist lending and savings bank offering bridging loans with competitive rates starting from 0.79% per month.£50,000–£25,000,000; 0.79%–0% APR; Up to 24 months
5Precise MortgagesPrecise Mortgages specializes in providing straightforward residential mortgages and bridging finance in the UK market.£0–£0; 0%–0% APR; 1-18 months
6KIS FinanceKIS Finance are independent specialist finance brokers providing a variety of loan and finance options for both individuals and businesses.£0–£0; 0%–0% APR; Unknown
7Fluent MoneyFluent Money is a UK-based award-winning secured loans broker offering personalized loan solutions through a panel of extensive lenders.£0–£0; 0%–0% APR; Unknown
8The Loans EngineThe Loans Engine is an award-winning specialist finance broker providing a wide range of lending solutions for both residential and commercial needs.£0–£0; 0%–0% APR; 2-30 years
9Belgravia Property FinanceBelgravia Property Finance provides specialized property development finance for commercial and residential projects, emphasizing lower-cost solutions.£0–£0; 3.24%–0% APR; Unknown
10Vibe FinanceVibe Finance is a specialist brokerage offering tailored secured loans and mortgage solutions for both residential and commercial investments.£200,000–£0; 4.7%–8.2% APR; 26 Months