April 14, 2026
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Best Lenders to Secure a 390k Working Capital Loan

Discover the best lenders to secure a £390,000 working capital loan. Compare rates, terms, and application tips to boost your business cash flow today.
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Best Lenders to Secure a 390k Working Capital Loan
Jesse Spence
Finance content writer / Market researcher

Jesse Spence is a Funding Research and Content Lead at Funding Agent with 4 years of experience in market research. He focuses on turning lender criteria and market insights into practical, plain-English resources that help business owners, not only, improve approval chances and choose the right type of finance but also find the right funding providers for their needs.

Best Lenders to Secure a 390k 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 provides a platform to compare business finance options quickly. It focuses on supporting UK SMEs seeking a range of loan types with straightforward eligibility and clear terms. This provider is suitable for those prioritising speed and simplicity without needing 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 specialises in flexible unsecured and secured business loans. It is typically relevant for SMEs requiring adaptable terms suited to varied financial needs. Clients can expect straightforward options with brokered access and varying repayment structures.

Loan Details

  • Min Amount: £3,000
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Variable terms available ⌛

Services & Industries

  • Finance Types: Unsecured Business Loans, Secured Business Loans
  • Industries: SMEs

Pros

  • No collateral needed for unsecured loans
  • Rapid decision

Cons

  • Higher rates for unsecured loans

Sources: Source Source

3. Iwoca

Iwoca focuses on providing quick and flexible business loans with straightforward terms. It is suitable for small businesses looking for short-term funding and easy repayment options. The lender offers simple access with minimal complexity and no early repayment fees.

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: Small businesses

Pros

  • No early repayment fees
  • Quick decisions

Cons

  • Short loan durations

Sources: Source Source

4. Barclays

Barclays provides a broad set of business banking services including flexible loans. It typically suits UK businesses seeking banking with established credentials and structured borrowing options. Clients benefit from varied repayment plans and access to business expertise.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 5 years ⌛

Services & Industries

  • Finance Types: Business Loans
  • Industries: Various industries

Pros

  • Part of a trusted banking group
  • Flexible loan terms

Cons

  • Interest rates may be high

Sources: Source

5. Lloyds Bank

Lloyds Bank offers business loans designed to help companies expand or invest. Its services are suitable for those needing longer repayment periods and a broad loan size range. The provider offers structured terms linked to business needs and sector considerations.

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: Various sectors

Pros

  • Long repayment terms available
  • Wide range of loan sizes

Cons

  • Stringent application process

Sources: Source

6. Natwest

Natwest provides flexible business loans with varied terms and rates. It is typically suitable for SMEs from different sectors looking for tailored financing. Natwest offers options including variable rates and a range of repayment schedules.

Loan Details

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

Services & Industries

  • Finance Types: Business Loans
  • Industries: Various industries

Pros

  • Flexible borrowing options

Cons

  • Higher rates for lower loan amounts

Sources: Source

7. Bizcap

Bizcap specialises in quick access to business loans, including for those with previous credit issues. It is typically used by firms needing fast decisions and accessible funding within shorter durations. The lender offers straightforward lending for diverse business needs.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 12 months ⌛

Services & Industries

  • Finance Types: Business Loans
  • Industries: Broad sector coverage

Pros

  • Accessible to those with bad credit
  • Fast funding approvals

Cons

  • Shorter loan durations

Sources: Source

8. White Oak UK

White Oak UK offers tailored finance solutions such as business and acquisition loans. It suits SMEs looking for flexible funding options that may include working capital with variable terms. Clients have access to a range of products supporting diverse business requirements.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Variable terms ⌛

Services & Industries

  • Finance Types: Business Loans
  • Industries: SMEs

Pros

  • Large loan amounts available
  • Fast funding

Cons

  • Higher thresholds for eligibility

Sources: Source

9. Fleximize

Fleximize provides customer-focused business loans with flexible terms ideal for SMEs. It is suited to companies seeking tailored repayment options and straightforward application processes. Loan products accommodate a range of business sizes and funding needs.

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: Business Loans
  • Industries: Small to medium enterprises

Pros

  • Fast approvals
  • Flexible repayment terms

Cons

  • Smaller loan amounts

Sources: Source

10. Tide

Tide specialises in working capital loans with a fast and flexible approach. It targets businesses needing short-term funding to manage daily expenses and growth plans. Tide’s application is straightforward, with lending scaled to credit profile and business sector.

Loan Details

  • Min Amount: £0
  • Max Amount: £20,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 3 years ⌛

Services & Industries

  • Finance Types: Working Capital Loans
  • Industries: Various sectors

Pros

  • High loan ceilings
  • Easy online application

Cons

  • Requires strong credit history for higher amounts

Sources: Source

How to choose

When securing a working capital loan around £390,000, consider matching the loan size and APR to your specific cash flow needs and repayment capacity. Evaluate eligibility criteria carefully, including credit requirements and collateral demands. Speed may be crucial for working capital, but weigh it against the flexibility of loan terms. Also, assess the lender’s fees, early repayment options, and any restrictions. Look for a balance between straightforward application processes and loan features that suit your franchise business cycle. Consulting with a broker or adviser can help you navigate complex options to find a suitable lender.

Conclusion

Choosing the right lender depends on your business needs and loan use. Banks often provide structured loans with longer terms but may have stricter criteria. Brokers offer access to a broader range of lenders, including specialist providers suitable for different credit profiles or sectors. Funding Agent is a strong choice for SMEs that want quick comparisons across multiple options. Align your choice with whether you prioritise speed, flexibility, collateral requirements, or loan size when securing a loan around 390 thousand pounds.

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FAQs

What is a working capital loan?
How can I qualify for a £390k working capital loan?
Which lenders offer the best terms for a £390k working capital loan?
How long does it take to get approved for a working capital loan?
What are the typical interest rates for working capital loans in the UK?
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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 variety of flexible business loans tailored to support UK small and medium enterprises.£3,000–£500,000; 0%–0% APR; Variable terms available
3IwocaIwoca provides fast and flexible access to business loans ranging from £1,000 to £1,000,000.£1,000–£1,000,000; 0%–0% APR; 1 day to 24 months
4BarclaysBarclays offers a wide range of business banking solutions, including flexible business loans for UK companies.£1,000–£100,000; 0%–0% APR; Up to 5 years
5Lloyds BankLloyds Bank provides business loans tailored to help companies expand or invest in equipment.£1,000–£1,000,000; 0%–0% APR; Up to 25 years
6NatwestNatwest offers flexible business funding options including small business loans and variable rate loans.£25,000–£1,000,000; 0%–0% APR; Variable terms
7BizcapBizcap specializes in offering business loans to companies with diverse needs, ranging from £5,000 to £1,000,000, even to those with past credit issues.£5,000–£1,000,000; 0%–0% APR; Up to 12 months
8White Oak UKWhite Oak UK provides tailored business finance solutions, supporting SMEs with loans from business acquisitions to working capital.£5,000–£2,000,000; 0%–0% APR; Variable terms
9FleximizeFleximize offers flexible business loans to UK SMEs with a focus on customer-centric and award-winning financial products.£5,000–£500,000; 0%–0% APR; 3 to 60 months
10TideTide provides working capital loans that are fast and flexible, designed to help businesses cover day-to-day expenses and growth opportunities.£0–£20,000,000; 0%–0% APR; Up to 3 years
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