Best Lenders to Secure a 350k 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 helping UK SMEs quickly compare various business finance options through a streamlined application process with rapid eligibility matching. It is typically suitable for franchise buyers and operators seeking unsecured loans with predictable terms. The provider emphasises simplicity and speed, offering access without collateral and flexible repayment 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 delivers a broad range of bank business loans and financial services. It is suitable for franchise buyers and SMEs seeking solutions that include secured and unsecured lending. The lender offers flexible repayment options and supports various loan structures, often requiring collateral for larger amounts.
Loan Details
- Min Amount: £1,000
- Max Amount: £25,000,000
- Min APR: 11.2%
- Max APR: 12.9%
- Loan Duration: 12 to 72 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Secured Loans, Business Mortgages
- Industries: Various
Pros
- Large loan amounts available
- Flexible terms
Cons
- Higher APR for smaller loans
NatWest provides bank business loans and financial services tailored to small and medium-sized enterprises. It is typically suited to franchise buyers seeking a range of secured and unsecured financing options, with flexibility in repayment terms. NatWest balances comprehensive support with varied interest rates and lending limits depending on the business profile.
Loan Details
- Min Amount: £1,000
- Max Amount: £500,000
- Min APR: 8%
- Max APR: 13%
- Loan Duration: 1 to 10 years ⌛
Services & Industries
- Finance Types: Unsecured Loans, Secured Loans, Overdrafts
- Industries: Various
Pros
- No early repayment fees
- Comprehensive support services
Cons
- Interest rates vary widely
- Limited loan amount for smaller businesses
Funding Circle specialises in online small business loans, focusing on fast and affordable financing. It caters to franchise buyers or SMEs with solid credit profiles who require flexible term loans without the need for collateral. Users benefit from straightforward application and competitive rates suited for growth or working capital needs.
Loan Details
- Min Amount: £10,000
- Max Amount: £750,000
- Min APR: 6.9%
- Max APR: 10%
- Loan Duration: 6 to 60 months ⌛
Services & Industries
- Finance Types: Business Loans, Short Term Loans
- Industries: Various
Pros
- Fast application process
- Competitive interest rates
Cons
- Limited to businesses with solid credit history
Iwoca provides flexible, rapid funding solutions that focus on unsecured short-term loans for small businesses, suitable for franchise buyers and operators needing quick access to working capital. It offers options with varied APRs reflecting risk profiles. The platform values speed and simplicity over collateral requirements.
Loan Details
- Min Amount: £1,000
- Max Amount: £1,000,000
- Min APR: 6%
- Max APR: 49%
- Loan Duration: 1 to 24 months ⌛
Services & Industries
- Finance Types: Short Term Loans, Unsecured Loans
- Industries: Various
Pros
- Quick funding process
- No early repayment fees
Cons
- High APR for riskier applicants
Metro Bank offers business loans and commercial lending solutions with a focus on long-term financing options. It is suited for franchise buyers or SMEs preferring transparent pricing and traditional bank loans, often requiring collateral and with longer repayment periods. The lender emphasises customer service and straightforward lending criteria.
Loan Details
- Min Amount: £2,000
- Max Amount: £60,000
- Min APR: 9.6%
- Max APR: 9.6%
- Loan Duration: 1 to 30 years ⌛
Services & Industries
- Finance Types: Commercial Loans, Business Loans
- Industries: Various
Pros
- Long loan durations
- Transparent pricing
Cons
- Maximum loan amount may be restrictive
HSBC provides a variety of business loans emphasising flexible repayments and a range of lending options. The offering suits franchise buyers and SMEs looking for bank loans with competitive rates and international banking support. Collateral may be required depending on the loan purpose and size.
Loan Details
- Min Amount: £1,000
- Max Amount: £300,000
- Min APR: 11.3%
- Max APR: 11.3%
- Loan Duration: 12 to 120 months ⌛
Services & Industries
- Finance Types: Commercial Loans, Small Business Loans
- Industries: Various
Pros
- Comprehensive global banking support
- Flexible loan terms
Cons
- Higher rates for unsecured loans
Aldermore provides specialist financial solutions focusing on asset-based lending and invoice finance for SMEs. It is suited to franchise buyers requiring flexible and tailored financing approaches, often secured against assets. Aldermore emphasises customer service and bespoke lending rather than standard unsecured loans.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Asset Based Lending, Invoice Finance
- Industries: Various
Pros
- Tailored finance solutions
- Supportive of SMEs
Cons
- Lacks specific loan amount details in current sources
Lloyds Bank offers a variety of business loans with flexible terms, suitable for small to medium enterprises including franchise buyers. It provides both secured and unsecured options, focusing on a range of financing solutions to accommodate diverse business needs. Loan offerings come with varied APRs reflecting risk and security considerations.
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000
- Min APR: 7.9%
- Max APR: 29.9%
- Loan Duration: 1 to 25 years ⌛
Services & Industries
- Finance Types: Unsecured Loans, Secured Loans
- Industries: Various
Pros
- Flexible loan terms
- Wide range of financing options
Cons
- Higher APR for certain unsecured loans
10. Santander
Santander provides flexible business loans with both fixed and variable rate options. The lender is typically suitable for franchise buyers or SMEs looking for adaptable repayment schedules and tailored finance structures. Collateral requirements vary by product and business profile, with focus on supporting diverse financial needs.
Loan Details
- Min Amount: £25,001
- Max Amount: £0
- Min APR: 7.9%
- Max APR: 7.9%
- Loan Duration: 12 to 72 months ⌛
Services & Industries
- Finance Types: Business Loans, Fixed Rate Loans
- Industries: Various
Pros
- Flexible repayment terms
- No initial interest for certain products
Cons
- Minimum loan amount may be high for some SMEs
How to choose
When looking to secure a 350k revolving credit loan, consider your specific business needs such as loan amount, APR, and repayment duration. Evaluate the provider's focus, whether bank, broker, or specialist, to find the best fit in terms of speed, flexibility, and collateral requirements. Confirm eligibility criteria and review fees including early repayment terms. Balance how repayments align with your cash flow and seasonal income cycles. Prioritise lenders offering transparent terms and access to the desired loan size. Always verify current conditions directly with the lender before proceeding.
Conclusion
Choosing the right lender for a 350 thousand pounds loan depends on your business use case and requirements. Banks typically provide structured lending with broader product ranges, suitable for larger or secured loans. Brokers offer access to multiple providers and can simplify the application process. Specialists focus on niche products like asset-based lending or rapid unsecured loans. Funding Agent remains a strong choice for SMEs wanting a quick comparison of available options. Always align your choice with your business’s financial priorities and eligibility.
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