April 14, 2026
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Best Lenders to Secure a 330k Short Term Business Loan

Discover the best lenders offering short term business loans up to £330,000 in the UK. Compare rates, terms, and find the right financing for your business needs.
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Best Lenders to Secure a 330k Short Term Business Loan
Jesse Spence
Finance content writer / Market researcher

Jesse Spence is a Funding Research and Content Lead at Funding Agent with 4 years of experience in market research. He focuses on turning lender criteria and market insights into practical, plain-English resources that help business owners, not only, improve approval chances and choose the right type of finance but also find the right funding providers for their needs.

Best Lenders to Secure a 330k Short Term Business 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 business finance options for UK SMEs through a streamlined application process. It is suitable for small to medium enterprises seeking unsecured loans without collateral. The platform emphasises quick eligibility checks and flexible loan term options to match varied business needs.

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 provides traditional bank business loans catering to a wide range of loan amounts for UK businesses. It is suitable for companies requiring secured and unsecured loans with defined eligibility criteria. Barclays offers structured repayment plans and a variety of finance types, balancing flexibility with established banking procedures.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 2.8%
  • Max APR: 15.9%
  • Loan Duration: 6 to 60 months ⌛

Services & Industries

  • Finance Types: Unsecured loans, Asset finance
  • Industries: Technology, Healthcare, Agriculture

Pros

  • Wide range of loan amounts
  • Established lender

Cons

  • Stricter eligibility criteria

Sources: Source

3. NatWest

NatWest specialises in flexible loan products for UK businesses, offering fixed and variable rate loans. It suits companies seeking adaptable repayment schedules and access to a broad range of financial solutions. NatWest focuses on balancing loan options with the needs of growing businesses across various sectors.

Loan Details

  • Min Amount: £25,001
  • Max Amount: £1,000,000
  • Min APR: 3.1%
  • Max APR: 14.9%
  • Loan Duration: 12 to 84 months ⌛

Services & Industries

  • Finance Types: Fixed-rate loans, Variable-rate loans
  • Industries: Construction, Retail, Finance

Pros

  • No early repayment fees
  • Wide selection of loan products

Cons

  • Higher rates for new businesses

Sources: Source

4. Iwoca

Iwoca offers flexible short-term and unsecured loans primarily focused on quick funding for small to medium UK businesses. It is suitable for those needing rapid access to capital with straightforward terms. The lender provides various repayment options tailored to diverse industry sectors.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 9.9%
  • Max APR: 29.9%
  • Loan Duration: 1 day to 24 months ⌛

Services & Industries

  • Finance Types: Short-term loans, Unsecured loans
  • Industries: Retail, Ecommerce, Manufacturing

Pros

  • Quick access to funds
  • No early repayment fees

Cons

  • Higher interest rates for smaller loans

Sources: Source

5. Funding Circle

Funding Circle specialises in peer-to-peer business loans suited for UK SMEs seeking term loans up to mid-sized amounts. It targets businesses that value a streamlined application and clear repayment terms. Funding Circle focuses on transparent fees and quick processing times for diverse industry needs.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £750,000
  • Min APR: 7.9%
  • Max APR: 19.9%
  • Loan Duration: 6 to 60 months ⌛

Services & Industries

  • Finance Types: Short-term loans, Term loans
  • Industries: Technology, Professional services, Healthcare

Pros

  • Quick application process
  • No hidden fees

Cons

  • Requires good credit history

Sources: Source

6. Metro Bank

Metro Bank delivers competitive commercial and equipment loans designed for UK businesses seeking growth capital. It is suitable for companies looking for tailored loan structures with flexible repayment plans. Metro Bank emphasises customer service and adaptable lending solutions across diverse sectors.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £250,000
  • Min APR: 4%
  • Max APR: 18.5%
  • Loan Duration: 12 to 60 months ⌛

Services & Industries

  • Finance Types: Commercial loans, Equipment loans
  • Industries: Retail, Wholesale, Transport

Pros

  • Flexible terms
  • Customer-centric service

Cons

  • Relatively new lender

Sources: Source

7. HSBC

HSBC provides bank business loans focused on small business growth and working capital needs. It suits businesses requiring structured repayment terms and competitive rates. HSBC's options include a variety of loan products with flexible duration for diverse industry applications.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £25,000
  • Min APR: 11.3%
  • Max APR: 16.9%
  • Loan Duration: 12 to 120 months ⌛

Services & Industries

  • Finance Types: Small business loans, Working capital finance
  • Industries: Retail, Financial services, Transportation

Pros

  • Reputable bank
  • Flexible repayment options

Cons

  • Higher APR for smaller loans

Sources: Source

8. Santander

Santander provides flexible SME loans tailored for growth and operational funding across various UK industries. It suits businesses looking for competitive rates with term loan options and moderate eligibility requirements. Santander emphasises tailored finance solutions that accommodate business scale and sector.

Loan Details

  • Min Amount: £25,001
  • Max Amount: £1,000,000
  • Min APR: 3%
  • Max APR: 12%
  • Loan Duration: 12 to 60 months ⌛

Services & Industries

  • Finance Types: SME loans, Term loans
  • Industries: Finance, Retail, Professional services

Pros

  • Flexible loan options
  • Competitive rates

Cons

  • Strict eligibility requirements

Sources: Source

9. Lloyds Bank

Lloyds Bank offers a broad range of business loans suited for UK SMEs financing growth or acquiring equipment. It is appropriate for businesses with established credit seeking flexible terms and asset-backed or unsecured options. Lloyds integrates long-term lending solutions with industry-specific finance products.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 2.9%
  • Max APR: 14.9%
  • Loan Duration: 12 to 300 months ⌛

Services & Industries

  • Finance Types: Unsecured loans, Asset finance
  • Industries: Agriculture, Healthcare, Manufacturing

Pros

  • Wide range of loan products
  • Flexible terms

Cons

  • Requires established credit history

Sources: Source

10. Revolut

Revolut is a technology-driven financial services provider offering management tools and partnership-based financing options. It is suited for SMEs seeking innovative financial flexibility rather than direct lending. Revolut focuses on digital solutions supporting e-commerce and technology sectors.

Loan Details

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

Services & Industries

  • Finance Types: Financial management, Partnership financing
  • Industries: Ecommerce, Technology, SMEs

Pros

  • Innovative financial services
  • Tech-driven

Cons

  • Not a direct lender
  • Limited loan offerings

Sources: Source

How to choose

When securing a £330k short term business loan, consider lenders offering suitable loan amounts and terms matching your cash flow. Evaluate APR rates to find manageable repayments and verify eligibility criteria to ensure a good fit. Balance the need for speed against flexibility and consider whether collateral is required. Assess repayment options and how they align with your franchise seasonality. Finally, review associated fees and any early repayment penalties before committing.

Conclusion

Choosing the right lender depends on your business needs and loan purpose. Banks often provide structured loans with defined terms, ideal for established companies. Brokers or specialist lenders can offer flexible solutions suitable for diverse or smaller SMEs. Funding Agent is an option for quickly comparing multiple providers when arranging a 330 thousand pounds loan. Always verify current offerings directly with lenders as terms may vary.

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FAQs

What is a short term business loan?
How can I qualify for a £330k short term business loan?
Which lenders offer £330k short term business loans in the UK?
What are the typical interest rates for short term business loans?
How quickly can I get a short term business 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 a wide range of business loans tailored to meet the financial needs of small to large businesses across the UK.£1,000–£100,000; 2.8%–15.9% APR; 6 to 60 months
3NatWestNatWest provides business loans with flexible terms to help UK businesses grow and manage their cash flow effectively.£25,001–£1,000,000; 3.1%–14.9% APR; 12 to 84 months
4IwocaIwoca is a flexible lender offering business loans to small and medium enterprises in the UK with fast access to funds.£1,000–£1,000,000; 9.9%–29.9% APR; 1 day to 24 months
5Funding CircleFunding Circle is a leading platform for business loans up to £750k, focusing on quick processing and flexible options for SMEs in the UK.£10,000–£750,000; 7.9%–19.9% APR; 6 to 60 months
6Metro BankMetro Bank offers competitive business loans and financial solutions tailored to support the growth and expansion of UK businesses.£5,000–£250,000; 4%–18.5% APR; 12 to 60 months
7HSBCHSBC provides a variety of loan options with competitive rates for UK businesses looking to expand or manage cash flow.£1,000–£25,000; 11.3%–16.9% APR; 12 to 120 months
8SantanderSantander offers flexible business loans with options tailored to the needs of SMEs in the UK, providing support for growth and operational needs.£25,001–£1,000,000; 3%–12% APR; 12 to 60 months
9Lloyds BankLloyds Bank provides a variety of business loans, helping businesses across the UK to finance growth and new equipment.£1,000–£1,000,000; 2.9%–14.9% APR; 12 to 300 months
10RevolutThough not a direct lender, Revolut provides innovative financial management solutions and has partnerships for business financing needs in the UK.£0–£0; 0%–0% APR; Unknown
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