April 14, 2026
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Best Lenders to Secure a 350k Secured Business Loan

Discover the best lenders in the UK to secure a £350,000 secured business loan. Compare rates, terms, and get expert tips to choose the right lender for your business needs.
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Best Lenders to Secure a 350k Secured Business Loan
Abdus-Samad Charles
Finance Writer

Abdus-Samad Charles is a finance writer and the 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. He specialises in turning complex funding topics, like eligibility criteria, documentation requirements, approval timelines, and lender expectations, into clear, research-led resources that are easy to find and help business owners make confident, informed decisions.

Best Lenders to Secure a 350k Secured 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 helping UK SMEs quickly compare diverse business finance options through a streamlined application process. It is suitable for businesses seeking straightforward access to various loan types with transparent criteria. Offering quick eligibility checks and no requirement for collateral, it supports varying repayment structures and loan durations.

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. Nucleus Commercial Finance

Nucleus Commercial Finance provides a broad range of secured and unsecured business loans tailored for UK SMEs. It is suited for those needing flexible financing solutions, including property-secured options. The lender offers varying loan terms with potential brokered access and diverse repayment plans.

Loan Details

  • Min Amount: £3,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Small and Medium Enterprises

Pros

  • Rapid decision
  • Flexible options

Cons

  • Minimum loan amount applies

Sources: Source

3. Lease Finance Limited

Lease Finance Limited targets UK SMEs with secured and unsecured business loans emphasizing fast funding and transparent pricing. It is well suited for companies prioritising clarity and speed without excessive collateral demands. The loan options include flexible terms and a focus on SME-specific needs.

Loan Details

  • Min Amount: £2,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Small and Medium Enterprises

Pros

  • Transparent pricing
  • Fast funding

Cons

  • Limited to SMEs

Sources: Source

4. Iwoca

Iwoca specializes in providing flexible business loans aimed at fast-growing businesses throughout the UK. The lender prioritizes rapid decisions and allows a range of repayment options. It suits those requiring short to medium term loans with minimal barriers to entry.

Loan Details

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

Services & Industries

  • Finance Types: Business loans
  • Industries: Various

Pros

  • No penalty for early repayment
  • Rapid approval

Cons

  • Short maximum term

Sources: Source

5. Barclays

Barclays offers business loans with flexible terms suitable for a variety of UK businesses, including franchise operations. It combines traditional high street banking access with digital convenience. Loan products often require some form of security and offer multiple repayment options to suit borrower needs.

Loan Details

  • Min Amount: £25,001
  • Max Amount: £0
  • Min APR: 6%
  • Max APR: 12.9%
  • Loan Duration: 1 year onward ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Various

Pros

  • Flexible terms
  • No early repayment fees

Cons

  • Potentially higher APR for unsecured loans

Sources: Source

6. Lloyds Bank

Lloyds Bank provides a comprehensive range of secured and unsecured business loans tailored to support SME growth across the UK. It is typically suitable for established businesses seeking longer-term finance. The lender offers various lending options including property-secured loans with extended repayment terms.

Loan Details

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

Services & Industries

  • Finance Types: Business loans
  • Industries: Small and Medium Enterprises

Pros

  • Long repayment terms
  • Wide range of loan amounts

Cons

  • Existing customers typically preferred

Sources: Source

7. NatWest

NatWest provides a wide variety of secured and unsecured business financing options for UK companies. Suitable for businesses requiring flexible loan sizes and structures, it supports a range of industries and repayment configurations. NatWest combines traditional banking with tailored lending solutions.

Loan Details

  • Min Amount: £25,001
  • Max Amount: £10,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Various ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Various

Pros

  • Large loan amounts
  • No early repayment fees

Cons

  • Complex eligibility requirements

Sources: Source

8. Bizcap

Bizcap provides fast, flexible business loans with less stringent credit checks for UK SMEs. It is appropriate for borrowers needing swift access without extensive security demands. The company offers a variety of loan products, including unsecured options, with adaptable repayment structures.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Small and Medium Enterprises

Pros

  • Fast approval
  • Flexible credit criteria

Cons

  • Higher interest rates for riskier profiles

Sources: Source

9. White Oak UK

White Oak UK provides a range of flexible business finance solutions focused on SMEs, offering secured and unsecured loans including asset-backed finance. It is suited for borrowers prioritising quick access to funds with flexible repayment terms. The lender emphasises industry-specific solutions with varying loan durations.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 3 to 60 months ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Small and Medium Enterprises

Pros

  • Funds available in 48 hours
  • Flexible financing solutions

Cons

  • May require asset security

Sources: Source

10. Time Finance

Time Finance delivers secured loans focused on supporting business growth and operational stability within the UK. The service targets borrowers who require mid-range loan amounts with tailored terms. Flexibility and speed are key features, with options suited for various business sectors.

Loan Details

  • Min Amount: £50,000
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Secured loans
  • Industries: Various

Pros

  • Tailored terms
  • Supports business growth

Cons

  • High minimum loan amount

Sources: Source

How to choose

When seeking a 350k secured business loan, consider lenders that specialise in the loan type you need, whether broker services, high street banks, or niche specialists. Assess the loan amount, security requirements, and repayment flexibility to match your cash flow and franchise needs. Speed of approval and accessibility may vary, so balance urgency with loan suitability. Examine eligibility criteria carefully and check for any early repayment fees. Understanding lender terms and the impact of collateral or property security is key to selecting the right provider.

Conclusion

Selecting the right lender depends on your business situation and loan purpose. Banks tend to offer traditional loans with various terms but may require borrowers to meet stricter criteria. Brokers and specialist lenders provide access to alternative options with potentially more flexibility or faster processing. Funding Agent is useful for SMEs wanting to compare multiple options efficiently. Always review current terms and suitability to ensure the loan matches your specific needs for a 350 thousand pounds loan.

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FAQs

What is a secured 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
2Nucleus Commercial FinanceNucleus Commercial Finance offers a range of business funding solutions, including secured and unsecured loans, tailored to the needs of SMEs in the UK.£3,000–£2,000,000; 0%–0% APR; Unknown
3Lease Finance LimitedLease Finance Limited specializes in providing fast and transparent business loans for UK SMEs, offering secured loans up to £1 million.£2,000–£1,000,000; 0%–0% APR; Unknown
4IwocaIwoca provides flexible business loans with quick decision times, focusing on fast-growing small businesses across the UK.£1,000–£1,000,000; 0%–0% APR; 1 day to 24 months
5BarclaysBarclays offers business loans with flexible terms, catering to both high street and online business needs across the UK.£25,001–£0; 6%–12.9% APR; 1 year onward
6Lloyds BankLloyds Bank provides a range of secured and unsecured business loans aimed at supporting SME growth within the UK.£1,000–£1,000,000; 0%–0% APR; Up to 25 years
7NatWestNatWest offers diverse business financing options, including secured loans, aimed at helping UK-based businesses thrive.£25,001–£10,000,000; 0%–0% APR; Various
8BizcapBizcap specializes in fast and flexible business loans without stringent credit checks, supporting SMEs in the UK.£5,000–£1,000,000; 0%–0% APR; Unknown
9White Oak UKWhite Oak UK provides a variety of business finance solutions, focusing on SMEs with flexible loans and asset-backed options.£1,000–£2,000,000; 0%–0% APR; 3 to 60 months
10Time FinanceTime Finance offers secured loans from £50k to £500k, tailored to support business growth and operational stability in the UK.£50,000–£500,000; 0%–0% APR; Unknown
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