April 14, 2026
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Best Lenders to Secure a 320k Revolving Credit Loan

Discover the best UK lenders offering £320,000 revolving credit loans. Learn how to secure flexible finance with competitive rates and simple requirements.
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Best Lenders to Secure a 320k Revolving Credit Loan
James Laden
Co-founder and CEO

James Laden is the Co-founder and CEO of Funding Agent. He has 8 years of experience working with major financial companies in the UK, and now focuses on making business funding simpler for SMEs through a faster, technology-led application journey. He writes about business lending, alternative finance, and what lenders look for when assessing applications.

Best Lenders to Secure a 320k Revolving Credit 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 2026-04-07.

1. Funding Agent

Funding Agent focuses on brokering various business finance options for UK SMEs through a streamlined application process. It is typically suitable for businesses seeking unsecured loans and working capital funding with predictable terms and quick eligibility checks. Flexibility and speed are key features, with a clear emphasis on unsecured lending options.

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. Barclays

Barclays is a traditional banking provider offering a range of unsecured business loans. It is suitable for established franchises and SMEs looking for standard bank lending with various terms. Barclays loans typically require eligibility checks and may involve credit assessment, offering tailored solutions by industry.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 3.5%
  • Max APR: 0%
  • Loan Duration: 1 to 5 years

Services & Industries

  • Finance Types: Unsecured Business Loans, Green Loans
  • Industries: Retail, Technology, Healthcare

Pros

  • Established banking institution
  • Wide range of loan products

Cons

  • Credit check required

Sources: Source

3. Bank of Scotland

Bank of Scotland provides traditional business loans suited to a wide range of enterprise sizes. The lender typically suits businesses that require flexible financing with options for secured and unsecured terms. Loans often require documentation, with repayments adaptable to business needs.

Loan Details

  • Min Amount: £25,000
  • Max Amount: £500,000
  • Min APR: 5%
  • Max APR: 0%
  • Loan Duration: 1 to 5 years

Services & Industries

  • Finance Types: Business Loan, Corporate Lending
  • Industries: Manufacturing, Construction, Services

Pros

  • Flexible loan amounts
  • Support for large businesses

Cons

  • Requires financial documents

Sources: Source

4. Lloyds Bank

Lloyds Bank offers a broad selection of business loans with a focus on long-term growth and expansion finance. This lender is suited for established UK businesses seeking significant borrowing amounts with flexible repayment terms. Options may include secured and unsecured loans, tailored by industry.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 4.5%
  • Max APR: 0%
  • Loan Duration: 1 to 25 years

Services & Industries

  • Finance Types: Small Business Loans, Corporate Finance
  • Industries: Agriculture, IT, Education

Pros

  • Long-term financing options
  • Online application process

Cons

  • Strict eligibility criteria

Sources: Source

5. Yorkshire Bank

Yorkshire Bank offers business loans tailored for cash flow management and growth strategies. Typically suited to SMEs needing invoice finance and other flexible credit options. Their lending often features transparent fees and solutions designed for SME borrowers.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £250,000
  • Min APR: 6%
  • Max APR: 0%
  • Loan Duration: 1 to 10 years

Services & Industries

  • Finance Types: Invoice Finance, SME Loans
  • Industries: Manufacturing, Retail, Wholesale

Pros

  • Tailored finance solutions
  • No hidden fees

Cons

  • Limited to SMEs

Sources: Source

6. Paragon Bank

Paragon Bank specialises in asset finance, lending mainly for equipment and asset acquisition. It suits businesses seeking secured finance options with competitive rates in this sector. Repayment plans are generally matched to asset life and business cash flow.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £500,000
  • Min APR: 5.5%
  • Max APR: 0%
  • Loan Duration: 1 to 5 years

Services & Industries

  • Finance Types: Asset Finance, Secured Business Loans
  • Industries: Construction, Transportation, Agriculture

Pros

  • Competitive rates for asset finance
  • Expert support

Cons

  • Focus on asset-backed loans

Sources: Source

7. Funding Circle

Funding Circle offers fast, unsecured loans focused on small business growth with accessible terms. Suited to SMEs that require straightforward financing with quick application and competitive pricing. Flexible repayment options are available to meet varied business cash flow needs.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £750,000
  • Min APR: 3.9%
  • Max APR: 20%
  • Loan Duration: 6 to 60 months

Services & Industries

  • Finance Types: Unsecured Business Loans, Short Term Loans
  • Industries: Retail, Hospitality, Manufacturing

Pros

  • Quick application process
  • Competitive rates

Cons

  • Not suitable for startups

Sources: Source

8. Iwoca

Iwoca offers straightforward, flexible loans aimed at smaller businesses managing short-term cash flow. It is typically suited for startups and SMEs needing rapid access to finance with simpler eligibility. The lender emphasises flexibility with minimal collateral.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 1 to 24 months

Services & Industries

  • Finance Types: Flexible Loans, Short-term Loans
  • Industries: Technology, Retail, Services

Pros

  • No early repayment fees
  • Fast decision

Cons

  • Short loan duration

Sources: Source

9. Startup Loans

Startup Loans provides government-backed financing aimed at new businesses and start-ups. It suits those requiring initial funding and mentoring support with fixed interest rates. The loan structure is designed to assist early-stage companies entering the market.

Loan Details

  • Min Amount: £500
  • Max Amount: £25,000
  • Min APR: 6%
  • Max APR: 0%
  • Loan Duration: 1 to 5 years

Services & Industries

  • Finance Types: Government-backed Loans, Start-up Financing
  • Industries: Startups, Innovation, Creative Industries

Pros

  • Mentoring included
  • Fixed interest rates

Cons

  • Limited to start-ups

Sources: Source

10. MarketFinance

MarketFinance (Kriya) provides specialised working capital and invoice finance solutions for SMEs. Their products suit businesses needing short-term liquidity without traditional bank loans. Repayment terms and flexibility vary depending on invoice financing and working capital needs.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 5.5%
  • Max APR: 16%
  • Loan Duration: 3 to 12 months

Services & Industries

  • Finance Types: Invoice Finance, Working Capital Loans
  • Industries: Wholesale, Retail, Services

Pros

  • Fast access to funds
  • Flexible terms

Cons

  • Not suitable for long-term financing

Sources: Source

How to choose

When selecting the best lender to secure a 320k revolving credit loan, consider your business size and financial needs. Evaluate the loan amount and APR in relation to your budget and cash flow cycles. Check each provider's eligibility criteria, repayment flexibility, and whether collateral is required. Balance the speed of approval against the terms and conditions offered. Seek lenders that align with your industry and financing purpose. Always review fees, early repayment options, and lender reputation before applying.

Conclusion

Choosing the right lender depends on your specific financing needs and business profile. Traditional banks are suited to established businesses requiring larger or long-term loans, while brokers like Funding Agent offer access to multiple unsecured options quickly. Specialist lenders provide tailored solutions such as asset finance or invoice funding for niche requirements. Understanding these distinctions helps you match loan providers to your purpose. This guide highlights options for securing a 320 thousand pounds loan with varying flexibility and terms.

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FAQs

What is a revolving credit loan?
Who can apply for a £320k revolving credit loan?
Which UK lenders offer the best terms for large revolving credit loans?
What factors affect approval for a revolving credit loan of £320,000?
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How can I improve my chances of securing a £320k revolving credit 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
2BarclaysBarclays offers various business loan options including unsecured lending, with tailored solutions for different industries.£1,000–£100,000; 3.5%–0% APR; 1 to 5 years
3Bank of ScotlandBank of Scotland provides business loans designed to support small to large enterprises with flexible financing solutions.£25,000–£500,000; 5%–0% APR; 1 to 5 years
4Lloyds BankLloyds Bank offers comprehensive business loans and financing options designed to support UK businesses' growth and expansion needs.£1,000–£1,000,000; 4.5%–0% APR; 1 to 25 years
5Yorkshire BankYorkshire Bank offers a range of business loans and finance solutions designed to aid in cash flow management and expansion.£5,000–£250,000; 6%–0% APR; 1 to 10 years
6Paragon BankParagon Bank specializes in asset finance, offering customized lending solutions for equipment and asset acquisition.£10,000–£500,000; 5.5%–0% APR; 1 to 5 years
7Funding CircleFunding Circle offers fast and affordable loans to small businesses, providing support with easy-to-apply-for finance options.£10,000–£750,000; 3.9%–20% APR; 6 to 60 months
8IwocaIwoca offers flexible and straightforward business loans, designed to help small businesses manage cash flow effectively.£1,000–£1,000,000; 0%–0% APR; 1 to 24 months
9Startup LoansStartup Loans offers government-backed loans suitable for new businesses seeking initial funding and support.£500–£25,000; 6%–0% APR; 1 to 5 years
10MarketFinanceMarketFinance, now under the brand name Kriya, offers working capital solutions tailored for SMEs, including invoice finance.£5,000–£500,000; 5.5%–16% APR; 3 to 12 months