Best Lenders to Secure a 470k Secured Business 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 focuses on helping UK SMEs rapidly compare various business finance options through a streamlined application process. It is suitable for businesses seeking unsecured and working capital loans with a quick eligibility match. The platform provides flexible terms with no collateral required and transparent offerings.
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
Time Finance provides secured business loans focused on tailored financing solutions. It is suited to UK SMEs needing clear terms on loans secured by assets. The provider emphasises flexibility and tailored repayment options with potentially fast processing through brokered access.
Loan Details
- Min Amount: £50,000
- Max Amount: £500,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 5 years ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: Various
Pros
- Tailored solutions
- Flexible terms
Novuna delivers flexible business finance solutions aimed at small to medium enterprises. It typically suits those looking for adaptable loan arrangements with simple terms. Novuna offers various repayment options but upper lending limits may lack clarity.
Loan Details
- Min Amount: £10,000
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 to 7 years ⌛
Services & Industries
- Finance Types: Small Business Loans
- Industries: SMEs
Pros
- Fast decision
- Flexible options
Cons
- Details on upper loan limits are less clear
Together Money specialises in secured business loans, mainly offering property-secured financing. It is typically suitable for UK SMEs needing higher loan amounts secured on property collateral. Together Money features variable repayment types and considers loan-to-value ratios within its underwriting.
Loan Details
- Min Amount: £30,000
- Max Amount: £2,000,000
- Min APR: 10.04%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: Various sectors
Pros
- High loan amounts available
- Loans secured against property
Shire Funding offers hassle-free, secured loans primarily targeting SMEs that require rapid access to funds. It fits businesses looking for straightforward secured loan solutions up to a moderate limit. Their products focus on competitive terms but with limited public details on fees or rates.
Loan Details
- Min Amount: £0
- Max Amount: £1,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: SMEs
Pros
- Fast funding approval
- High loan amounts
Cons
- Interest rates not widely detailed
Close Brothers Business Finance offers secured loans focused on businesses with valuable assets to pledge. It suits SMEs requiring competitive interest rates and loans secured against business or personal property. Loans generally have structured repayments and require appropriate collateral.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 6%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: Various sectors
Pros
- Competitive starting APR
- Secured against assets
Cons
- Requires valuable collateral
HSBC UK Business Banking delivers a range of secured and unsecured business loans targeting UK enterprises. It is well suited to businesses seeking bank-backed financing with established reputations. HSBC typically offers multiple repayment options but may apply strict eligibility standards.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans, Unsecured Business Loans
- Industries: Various sectors
Pros
- Wide range of loan options
- Established lender
Cons
- Eligibility criteria can be strict
Barclays Business Banking specialises in secured business loans designed for growing UK companies. The bank tends to offer competitive interest rates and access to an extensive branch network. Loan products often include flexible repayments but may have higher APRs on smaller loans.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 14.9%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: Various sectors
Pros
- Wide network
- Good customer service
Cons
- Higher APR for smaller loans
Lloyds Bank Commercial Banking provides secured loans and tailored financial solutions to support business growth. Suitable for UK companies seeking bank-led lending with flexible repayment options. Loan terms and eligibility requirements vary depending on business profile and security offered.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: Various sectors
Pros
- Tailored solutions
- Flexible repayment options
NatWest Business Banking offers a broad range of secured business loans tailored to UK businesses of various sizes. It is suitable for operators looking for comprehensive funding solutions with flexible repayment structures. Loan details and eligibility may vary and typically depend on business sector and collateral.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Secured Business Loans
- Industries: All sectors
Pros
- Comprehensive solutions
- Flexible
Cons
- Detailed loan terms not easily available
How to choose
When selecting the best lender to secure a 470k secured business loan, start by matching the loan amount and APR to your budget and business needs. Evaluate eligibility requirements against your profile, considering how quickly funds are needed versus the flexibility of terms offered. Pay close attention to collateral requirements and whether the lender accepts the assets you can offer. Assess repayment schedules to ensure they align with your franchise's cash flow and seasonal cycles. Finally, review fees, early repayment options, and lender reputation before committing.
Conclusion
Choosing the right lender depends on your specific use case. Bank loans often provide stability and broad service but may involve stricter eligibility. Brokers and specialist lenders might offer faster access or more tailored terms, particularly for asset-backed loans. Funding Agent remains a useful option for SMEs seeking quick comparisons. For loans around four hundred and seventy thousand pounds, consider your priorities between speed, loan size, and collateral carefully before deciding.