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.
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
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
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
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
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
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
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
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
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
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
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.