Best Lenders to Secure a 370k 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 specialises in brokering unsecured business loans for UK SMEs. It is suitable for franchise buyers and operators seeking streamlined finance options without collateral. Funding Agent offers fast application and eligibility matching with flexible repayment structures.
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 provides a broad range of bank business loans including commercial mortgages and cash flow finance. It is typically suitable for established businesses requiring secured lending or longer repayment periods. Barclays offers options with fixed rates and access through direct banking channels.
Loan Details
- Min Amount: £1,000
- Max Amount: £100,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 10 years ⌛
Services & Industries
- Finance Types: Unsecured Loans, Commercial Mortgages, Cash Flow Finance
- Industries: General
Pros
- Wide range of financial products
- Trusted long-standing bank
Cons
- Potentially higher interest rates
3. Bank of Scotland
Bank of Scotland focuses on SME lending with competitive fixed rates and straightforward loan processing. It is suitable for businesses seeking moderate loan amounts with clear repayment plans. The lender offers primarily bank-sourced loans often requiring eligibility assessments and possible security.
Loan Details
- Min Amount: £25,000
- Max Amount: £50,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 to 5 years ⌛
Services & Industries
- Finance Types: SME Loans
- Industries: General
Pros
- Competitive rates
- Quick processing
Cons
- Limited to existing customers
Yorkshire Bank provides targeted cashflow finance and online loans geared towards SME needs. It suits businesses requiring flexible finance without complex security requirements. The bank offers tailored options with straightforward eligibility and repayment terms.
Loan Details
- Min Amount: £10,000
- Max Amount: £150,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 to 5 years ⌛
Services & Industries
- Finance Types: Online Business Loan
- Industries: General
Pros
- Flexible funding for SMEs
Cons
- Limited information on APR
Lloyds Bank offers diverse business loan options with flexible terms suited for a wide range of UK businesses. It is appropriate for borrowers needing varying loan amounts and repayment schedules supported by secure online applications. Lloyds provides both unsecured and secured finance products with eligibility criteria.
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, Overdrafts
- Industries: General
Pros
- Flexible terms
- Wide range of loan amounts
Cons
- Requirements for existing customers
Hitachi Capital (Novuna) delivers tailored business loans and finance solutions suitable for SMEs needing flexible borrowing. It emphasises adaptable repayment options and can cater for various borrower needs. The lender provides products best accessed via brokers or business finance advisors.
Loan Details
- Min Amount: £7,500
- Max Amount: £25,000
- Min APR: 6.7%
- Max APR: 36.4%
- Loan Duration: Flexible terms ⌛
Services & Industries
- Finance Types: Business Loans
- Industries: General
Pros
- Wide APR range
- Flexible repayment options
NatWest offers a broad suite of fixed and variable rate business loans suited for SMEs. It supports large borrowing needs with flexible product structures. NatWest lending typically involves direct bank processes with eligibility and security criteria tailored to business profiles.
Loan Details
- Min Amount: £1,000
- Max Amount: £10,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Small Business Loans, Fixed and Variable Rate Loans
- Industries: General
Pros
- Large loan amounts
- Diverse loan options
Cons
- APR details not specified
HSBC provides business loans including commercial and small business finance suitable for a range of funding needs. It caters to businesses seeking flexible repayment options from a global banking group. HSBC products support secured and unsecured lending with varied eligibility.
Loan Details
- Min Amount: £1,000
- Max Amount: £300,000
- Min APR: 11.3%
- Max APR: 0%
- Loan Duration: 1 to 10 years ⌛
Services & Industries
- Finance Types: Small Business Loans, Commercial Loans
- Industries: General
Pros
- Global bank with extensive resources
Cons
- Higher representative APR
Virgin Money offers business loans with flexible repayment terms and options for fixed or variable rates. It fits businesses seeking long-term finance with adaptable payment schedules. Virgin Money products serve a broad market with an emphasis on clarity and flexible access.
Loan Details
- Min Amount: £30,000
- Max Amount: £10,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 20 years ⌛
Services & Industries
- Finance Types: Business Loans
- Industries: General
Cons
- Higher minimum loan amount
Paragon Bank specialises in structured lending and asset finance tailored for UK businesses. It suits borrowers seeking asset-backed solutions or specialised finance services. Paragon provides lending products often requiring specific collateral and structured repayment arrangements.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Structured Lending, Asset Finance
- Industries: General
Pros
- Specialized finance solutions
Cons
- Lack of detailed loan information
How to choose
When securing a 370k revolving credit loan, consider lenders that match your business size and finance purpose. Evaluate loan sizes, APRs, repayment flexibility, and collateral requirements. Check lender eligibility and speed of approval to align with your operational needs. Review fees, early repayment options, and whether fixed or variable rates suit your cash flow. Comparing providers’ terms helps balance cost against borrowing flexibility for your franchise.
Conclusion
Choosing the right lender depends on your specific borrowing needs and business profile. Banks often provide structured or secured loans for established businesses, while brokers like Funding Agent simplify comparisons for unsecured options. Specialist lenders can offer tailored solutions for asset-backed or niche finance. Understanding each provider’s strengths helps match loan type to your use case for a loan around 370 thousand pounds. Always confirm updated terms and eligibility before proceeding.
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