April 14, 2026
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Best Lenders to Secure a 360k Working Capital Loan

Discover the best lenders to secure a £360,000 working capital loan. Compare rates, terms, and find the perfect fit for your business needs in the UK.
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Best Lenders to Secure a 360k Working Capital Loan
James Laden
Co-founder and CEO

James Laden is the Co-founder and CEO of Funding Agent. He has 8 years of experience working with major financial companies in the UK, and now focuses on making business funding simpler for SMEs through a faster, technology-led application journey. He writes about business lending, alternative finance, and what lenders look for when assessing applications.

Best Lenders to Secure a 360k 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 streamlined finance comparison service for UK SMEs. It is suitable for franchise buyers and operators looking for working capital or business loans. The platform offers quick matching based on eligibility, with flexible options and no collateral typically required.

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 secured and unsecured lending solutions for a range of UK SMEs. It is suited for businesses needing flexible financing for working capital or business expansion. Offers include various loan types adaptable to diverse sector needs, with terms and collateral requirements varying accordingly.

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, Business Loans
  • Industries: Multiple sectors

Pros

  • Rapid decisions
  • Range of loan types

Cons

  • APR details not disclosed upfront

Sources: Source

3. Iwoca

Iwoca targets small businesses seeking accessible and flexible loan options. This provider suits those needing rapid funding decisions and short-term working capital. Their offerings typically do not require collateral, focusing on speed and convenience for fast cash flow support.

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: Unsecured Loans, Business Loans
  • Industries: Retail, Services, Manufacturing

Pros

  • No early repayment fees
  • Flexible terms

Cons

  • Higher rates for lower credit scores

Sources: Source

4. Barclays

Barclays offers a wide range of bank business loans including secured and unsecured options. It is suitable for UK SMEs requiring reliable funding for growth or working capital. Barclays provides structured repayment terms with a focus on established businesses and transparent lending criteria.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 10 years ⌛

Services & Industries

  • Finance Types: Secured Loans, Unsecured Loans, Business Loans
  • Industries: Various industries

Pros

  • Reputable bank
  • Comprehensive support services

Cons

  • Stricter eligibility criteria

Sources: Source

5. Lloyds Bank

Lloyds Bank provides tailored business loans for various business sizes. It suits franchise owners and SMEs looking for competitive financing with flexible terms and multiple product offerings. Loans are offered with secured and unsecured options, accommodating different repayment profiles.

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: Secured Loans, Unsecured Loans, Business Loans
  • Industries: Retail, Manufacturing, Services

Pros

  • Long repayment terms
  • Various loan products

Cons

  • Stringent application process

Sources: Source

6. NatWest

NatWest offers a diverse array of business loans with flexible borrowing options. It suits companies needing variable term loans with tailored interest rates. NatWest’s products accommodate commercial and industrial sectors with options for fixed or variable repayments.

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 and Variable Rate Loans, Business Loans
  • Industries: Commercial, Industrial, Services

Pros

  • No early repayment fees
  • Large loan amounts

Cons

  • Higher APR for new businesses

Sources: Source

7. Bizcap

Bizcap is focused on fast, flexible lending for UK small businesses, often catering to those with imperfect credit. It is suitable for SMEs needing short-term working capital with adaptable credit criteria. Loan products are designed for speed and accessibility rather than long-term financing.

Loan Details

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

Services & Industries

  • Finance Types: Unsecured Loans, Lines of Credit, Business Loans
  • Industries: Retail, Services, Food & Beverage

Pros

  • Quick access to funds
  • Accommodates bad credit

Cons

  • Potentially higher interest rates

Sources: Source

8. White Oak UK

White Oak UK provides flexible loan solutions tailored to SMEs, including larger financing options. It is suited to businesses requiring quick access to funds with a variety of loan products. Applicant suitability varies, with adaptable terms and a focus on diverse industry sectors.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 3 to 24 months ⌛

Services & Industries

  • Finance Types: Tax Loans, Asset Finance, Business Loans
  • Industries: SMEs, Startups, Established businesses

Pros

  • Quick funding process
  • Wide range of loan amounts

Cons

  • Shorter maximum duration for certain loans

Sources: Source

9. Fleximize

Fleximize specialises in flexible business loans with options for secured and unsecured lending. It is designed for UK SMEs requiring tailored funding solutions to fit diverse financial needs. The provider emphasises adaptable repayment structures and fast application processes.

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: Secured Loans, Unsecured Loans, Business Loans
  • Industries: Technology, Healthcare, Retail

Pros

  • Tailored loan options
  • Fast application process

Cons

  • Lower loan amounts for new businesses

Sources: Source

10. British Business Bank

British Business Bank supports small businesses through government-backed finance products and mentorship programs. It is ideal for startups and growth SMEs needing accessible loans with flexible terms. The bank may work via partner lenders, offering various funding options suited to emerging enterprises.

Loan Details

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

Services & Industries

  • Finance Types: Startup Loans, Growth Finance, Business Loans
  • Industries: Startups, Growth SMEs

Pros

  • Government-backed stability
  • Comprehensive support

Cons

  • Indirect lending

Sources: Source

How to choose

When seeking a working capital loan of around £360,000, consider lenders’ specialisations and product fit. Match loan size and APR to your business budget and financial forecasts. Evaluate eligibility criteria and the trade-off between fast approval and flexible terms. Assess repayment schedules and whether fixed or variable rates best suit your cash flow patterns. Review any collateral or security obligations carefully. Before applying, check fees, early repayment terms, and lender reputation to ensure a good fit for franchise operations.

Conclusion

Choosing the right lender depends on your business needs. Banks typically offer structured and secured loans suitable for larger or established enterprises. Brokers and specialists can provide quicker access and flexible options for smaller or credit-challenged businesses. Funding Agent is a practical tool for SMEs wanting to quickly compare various lenders. Matching provider type to purpose and loan size is key when securing a 360 thousand pounds loan for working capital.

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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 offers flexible business financing solutions, including unsecured and secured business loans ranging from £3k to £2m for UK SMEs.£3,000–£2,000,000; 0%–0% APR; Unknown
3IwocaIwoca specializes in business loans for small businesses, offering flexible funding from £1,000 to £1,000,000 with quick decision and rapid access to funds.£1,000–£1,000,000; 0%–0% APR; 1 to 24 months
4BarclaysBarclays offers a range of business funding options including secured and unsecured loans.£1,000–£1,000,000; 0%–0% APR; Up to 10 years
5Lloyds BankLloyds Bank provides business loans tailored to both small and large businesses, offering competitive terms and a wide range of financial products.£1,000–£1,000,000; 0%–0% APR; 1 to 25 years
6NatWestNatWest provides a variety of business loans and financial services, emphasizing flexible borrowing options for UK companies with different funding needs.£25,001–£10,000,000; 0%–0% APR; Variable
7BizcapBizcap offers fast and flexible small business loans in the UK with a focus on serving those with less-than-perfect credit scores.£5,000–£1,000,000; 0%–0% APR; Varies
8White Oak UKWhite Oak UK specializes in providing flexible business loans tailored to SMEs, with a variety of funding products available including larger loan amounts.£5,000–£2,000,000; 0%–0% APR; 3 to 24 months
9FleximizeFleximize offers flexible business loans for UK SMEs, with both secured and unsecured options that can be tailored to meet diverse financial needs.£5,000–£500,000; 0%–0% APR; 3 to 60 months
10British Business BankThe British Business Bank supports small businesses with financing and mentoring, offering various loan products through its partner programs.£0–£0; 0%–0% APR; Varies
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