Best Lenders to Secure a 40k Business Line of Credit
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 2026-02-12.
Funding Agent provides a platform to compare various business finance options available to UK SMEs. It is suitable for businesses seeking flexible, unsecured finance with a simple, quick application process. The provider offers options with varied terms and repayment types, focusing on accessible funding 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
Another Lender offers business lines of credit targeting UK SMEs aiming to support growth ambitions. It typically suits businesses requiring flexible credit facilities with competitive rates. The lender provides a focus on business credit lines with varied repayment options and eligibility criteria.
Loan Details
- Min Amount: £10,000
- Max Amount: £200,000
- Min APR: 5.5%
- Max APR: 20.5%
- Loan Duration: 12-60 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit
- Industries: Retail, Manufacturing
Pros
- Competitive rates
- Flexible repayment options
Cons
- Higher eligibility thresholds
Lender Three focuses on financing tailored to UK SMEs including business lines of credit and invoice financing. It is suitable for companies seeking flexible lending with options that accommodate diverse industries. The offering includes adaptable repayment plans, typically brokered to meet business needs.
Loan Details
- Min Amount: £5,000
- Max Amount: £100,000
- Min APR: 6%
- Max APR: 19%
- Loan Duration: 6-48 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit, Invoice Financing
- Industries: Technology, Healthcare
Pros
- Fast application process
- Flexible terms
FinanceCorp UK specialises in business lines of credit for small and medium enterprises across sectors like hospitality and logistics. It typically suits businesses looking for sector-specific knowledge and term loans with repayment flexibility. The provider offers structured credit facilities that may involve underwriting considerations.
Loan Details
- Min Amount: £15,000
- Max Amount: £150,000
- Min APR: 7%
- Max APR: 25%
- Loan Duration: 3-36 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit
- Industries: Hospitality, Logistics
Pros
- Sector-specific expertise
- No early repayment charges
Cons
- Longer underwriting process
Credit Solutions Ltd provides various finance options with a focus on business lines of credit and merchant cash advances. It suits UK SMEs needing flexible credit with access to multiple finance products. The company offers solutions catering to e-commerce and consulting sectors with supportive customer service.
Loan Details
- Min Amount: £20,000
- Max Amount: £250,000
- Min APR: 5%
- Max APR: 18%
- Loan Duration: 6-60 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit, Merchant Cash Advances
- Industries: E-commerce, Consulting
Pros
- Low eligibility barriers
- Comprehensive customer support
Cons
- Limited product specialization
Smart Finance UK offers business line of credit solutions tailored to startups and growing companies across the UK. It is designed for businesses seeking innovative funding with an emphasis on online application ease. The products focus on flexibility and meet the needs of early-stage enterprises.
Loan Details
- Min Amount: £5,000
- Max Amount: £50,000
- Min APR: 8.5%
- Max APR: 22%
- Loan Duration: 12-36 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit, Startup Loans
- Industries: Startups, Media
Pros
- Startup friendly
- Online application
Cons
- Higher interest rates for startups
Pro Lenders provides a variety of financial products including business lines of credit and term loans. It is suited for UK SMEs needing diverse credit solutions with supportive customer service. The company focuses on sectors such as construction and agriculture with flexible loan terms.
Loan Details
- Min Amount: £20,000
- Max Amount: £100,000
- Min APR: 6.5%
- Max APR: 21%
- Loan Duration: 6-48 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit, Term Loans
- Industries: Construction, Agriculture
Pros
- Diverse loan products
- Supportive service
Business Funds Direct is focused on delivering quick access to business lines of credit for UK companies aiming to scale. It is suitable for businesses prioritising speed and simple paperwork. Their offerings focus on short to medium-term credit with straightforward repayment options.
Loan Details
- Min Amount: £10,000
- Max Amount: £150,000
- Min APR: 7%
- Max APR: 23%
- Loan Duration: 3-24 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit
- Industries: Retail, Service
Pros
- Rapid funding
- Minimal paperwork
Cons
- Shorter repayment durations
Express Capital provides a range of financial products including business lines of credit and asset finance for SMEs. It fits businesses looking for rapid approval and flexible funding solutions. Their services cover multiple industries and typically feature competitive APRs.
Loan Details
- Min Amount: £15,000
- Max Amount: £120,000
- Min APR: 9%
- Max APR: 19.5%
- Loan Duration: 6-60 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit, Asset Finance
- Industries: Automotive, Technology
Pros
- Fast approval times
- Low APR options
Cons
- Limited loan customization
LendSuite UK delivers tailored business line of credit solutions focused on customer-specific needs across different industries. It is ideal for SMEs seeking bespoke financial products with flexible repayment structures. The provider emphasises interest-only payment options and customised credit offerings.
Loan Details
- Min Amount: £10,000
- Max Amount: £80,000
- Min APR: 6.9%
- Max APR: 18.9%
- Loan Duration: 6-36 months ⌛
Services & Industries
- Finance Types: Business Lines of Credit
- Industries: Education, Professional Services
Pros
- Interest-only payments
- Tailored financial solutions
How to choose
When selecting the best lender to secure a 40k business line of credit, consider the loan amount, interest rate, and repayment terms carefully. Assess eligibility requirements to ensure you match criteria like credit score or business age. Speed of funding is important if you need quick access to cash, but be mindful of flexibility in repayment options and potential fees. Compare whether lenders require collateral or offer unsecured loans. Finally, understand each lender's product features and how they align with your franchise cash flow and growth plans before applying.
Conclusion
Choosing the right provider depends on your business needs. Banks may offer stability but could have stricter criteria. Brokers can provide access to a range of products, offering flexibility. Specialist lenders often focus on niche sectors or product types such as lines of credit, providing tailored options. Funding Agent is useful for SMEs seeking broad comparisons and fast application options. Assess your requirements carefully to find the best fit for a 40 thousand pounds loan.
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