April 14, 2026
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Best Lenders to Secure a 350k Working Capital Loan

Discover the best lenders to secure a £350,000 working capital loan. Compare interest rates, terms, and eligibility to find the ideal financing for your business needs.
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Best Lenders to Secure a 350k Working Capital 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 Working Capital 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 providing a comparison platform for UK SMEs to access a variety of business finance options quickly. It is suitable for franchise buyers and operators seeking clear and predictable lending terms. The provider emphasises speed, simplicity, and easy eligibility matching without requiring collateral.

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 flexible lending solutions tailored to UK businesses, with options for secured and unsecured loans. It is suitable for those seeking loans with a range of security options and loan terms. Their process focuses on flexibility and accessibility for a variety of business needs.

Loan Details

  • Min Amount: £3,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 3 months to 6 years ⌛

Services & Industries

  • Finance Types: Unsecured business loans, Secured business loans
  • Industries: SMEs

Pros

  • Rapid decision process
  • Flexible loan options

Cons

  • Higher rates for unsecured loans

Sources: Source

3. Iwoca

Iwoca offers flexible unsecured business loans designed for UK small businesses and franchise operators. It is suited to those who need fast decisions and no early repayment fees. Their service prioritises speed and straightforward borrowing terms.

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: Unsecured business loans
  • Industries: SMEs

Pros

  • Quick decision
  • No early repayment fees

Cons

  • Maximum loan duration of 24 months

Sources: Source

4. Barclays

Barclays offers bank business loans with options for unsecured and secured lending to a broad range of UK businesses. It suits franchise buyers looking for trusted lenders with various product choices. Their service features structured lending criteria with a wider lending term range.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 48 months ⌛

Services & Industries

  • Finance Types: Unsecured business loans, Secured business loans
  • Industries: General businesses

Pros

  • Brand trust
  • Various product offerings

Cons

  • May have stricter lending criteria

Sources: Source

5. Lloyds Bank

Lloyds Bank specialises in traditional bank lending with tailored business loans and invoice finance aimed at UK businesses planning growth. It is suited for franchise operators looking for a well-established provider with diverse lending products. The bank requires typical high street lending criteria and offers longer repayment terms.

Loan Details

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

Services & Industries

  • Finance Types: Business loans, Invoice finance
  • Industries: General businesses

Pros

  • Well-established bank
  • Diverse range of loan options

Cons

  • High street bank requirements

Sources: Source

6. Natwest

Natwest provides small and medium business loans with fixed and variable rates, supporting a wide range of UK business financing needs. It is appropriate for those seeking flexible borrowing structures and business growth funding. The bank offers no early repayment fees and a potentially variable term length.

Loan Details

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

Services & Industries

  • Finance Types: Fixed rate business loans, Variable rate business loans
  • Industries: General businesses

Pros

  • Established brand
  • No early repayment fees

Cons

  • May require collateral for larger loans

Sources: Source

7. Bizcap

Bizcap offers flexible secured and unsecured lending solutions with fast approval times, targeting UK SMEs including those with past credit challenges. It is suited to businesses needing quick access to funds with relatively short to medium terms. Their emphasis is on accessibility and responsiveness to borrower situations.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Short to medium term ⌛

Services & Industries

  • Finance Types: Unsecured business loans, Secured business loans
  • Industries: SMEs

Pros

  • Fast approval
  • Accommodates bad credit

Cons

  • Potentially higher interest rates

Sources: Source

8. White Oak UK

White Oak UK specialises in SME finance with a broad offering that includes asset and invoice finance alongside unsecured business loans. It suits businesses looking for a range of financing options often delivered with quick funding. Their solutions typically focus on flexibility and speed of access.

Loan Details

  • Min Amount: £20,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Flexible ⌛

Services & Industries

  • Finance Types: Asset finance, Invoice finance, Unsecured business loans
  • Industries: SMEs

Pros

  • Quick funding
  • Wide loan range

Cons

  • Potential fees
  • Possible stringent requirements

Sources: Source

9. Funding Circle

Funding Circle offers unsecured small business loans focused on UK SMEs with a streamlined application process. It is appropriate for borrowers preferring fast access to funds with no early repayment fees. Their model stresses efficiency and clear terms within defined loan limits.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £750,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 5 years ⌛

Services & Industries

  • Finance Types: Unsecured business loans
  • Industries: SMEs

Pros

  • Fast application
  • No early repayment fees

Cons

  • Primarily for SMEs

Sources: Source

10. Fleximize

Fleximize delivers customised business loan solutions with both secured and unsecured options, suited to UK SMEs needing tailored financing. It fits borrowers seeking fast decisions and flexible repayment plans. Their offerings focus on affordability and personalisation within their loan ranges.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 3 to 60 months ⌛

Services & Industries

  • Finance Types: Unsecured business loans, Secured business loans
  • Industries: SMEs

Pros

  • Tailored solutions
  • Fast decision

Cons

  • Limited maximum loan size

Sources: Source

How to choose

When seeking a 350k working capital loan, assess your business needs carefully. Consider loan amounts, APRs, and term flexibility in relation to your cash flow demands and seasonal factors. Check each lender's eligibility criteria and whether collateral or security is required. Speed of approval and clarity of repayment terms are also vital. Brokering options may offer wider access but review costs. Always compare fees and conditions before committing.

Conclusion

Selecting the right lender depends on your specific business use case and financial needs. Bank providers often offer stability and varied products but may have stricter approval requirements. Brokers can provide access to multiple lenders and more options, while specialists may focus on niche financing needs such as asset-backed lending. Funding Agent is a useful tool for SMEs wanting quick comparisons across several sources. Matching lender type to loan purpose and business profile is essential for finding suitable funding for a 350 thousand pounds loan.

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FAQs

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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 provides flexible funding solutions with loans ranging from £3k to £2m, available in secured and unsecured options for UK businesses.£3,000–£2,000,000; 0%–0% APR; 3 months to 6 years
3IwocaIwoca supports UK small businesses with flexible business loans ranging from £1k to £1m, with decisions made within 48 hours and no early repayment fees.£1,000–£1,000,000; 0%–0% APR; 1 day to 24 months
4BarclaysBarclays offers a wide range of business loans to support UK businesses, including unsecured lending from £1k to £100k.£1,000–£100,000; 0%–0% APR; Up to 48 months
5Lloyds BankLloyds Bank provides business loans tailored to support UK businesses in growth, with loan offerings starting from £1,000.£1,000–£1,000,000; 0%–0% APR; 1 to 25 years
6NatwestNatwest offers small business loans up to £100k with flexible borrowing options for UK business growth.£25,001–£10,000,000; 0%–0% APR; Variable
7BizcapBizcap offers flexible business loans ranging from £5k to £1m for UK businesses, emphasizing quick approval even with bad credit backgrounds.£5,000–£1,000,000; 0%–0% APR; Short to medium term
8White Oak UKWhite Oak UK specializes in SME finance, offering business loans ranging from £20,000 to £2 million, often with quick funding times.£20,000–£2,000,000; 0%–0% APR; Flexible
9Funding CircleFunding Circle provides small business loans up to £750k within the UK, emphasizing a fast and efficient application process.£5,000–£750,000; 0%–0% APR; Up to 5 years
10FleximizeFleximize offers tailored financial solutions for UK businesses, with options to borrow from £5,000 to £500,000.£5,000–£500,000; 0%–0% APR; 3 to 60 months
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