Best Lenders to secure a 60k 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 2026-01-22.
Funding Agent focuses on enabling UK SMEs to quickly compare business finance options through a simple and fast application process. It is typically suitable for franchise buyers and operators seeking working capital with clear eligibility criteria. This provider offers flexibility in loan terms and does not require collateral, supporting a straightforward borrowing experience.
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
365 Finance offers revenue-based financing solutions without fixed terms or traditional APRs. It is suited for small and medium enterprises requiring flexible repayments based on revenue. This provider supports customers seeking adaptable financing rather than standard loan structures.
Loan Details
- Min Amount: £0
- Max Amount: £500,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: No fixed terms ⌛
Services & Industries
- Finance Types: Revenue-based financing
- Industries: Small and medium enterprises
Cons
- Not suitable for all businesses
LoanTube acts as a broker connecting SMEs with a variety of lenders to offer diverse loan options. It is suitable for borrowers seeking multiple financing solutions through one platform. LoanTube emphasises competitive rates and broad market access with brokered loan products.
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000,000
- Min APR: 4.9%
- Max APR: 15.9%
- Loan Duration: 1–15 years ⌛
Services & Industries
- Finance Types: Brokered loans
- Industries: SMEs
Pros
- Wide range of lenders
- Competitive APR
Century Business Finance focuses on providing quick funding for UK SMEs, primarily offering unsecured business loans. It suits borrowers looking for straightforward financing without complex requirements. This provider offers fast decisions but with variable APRs based on loan size.
Loan Details
- Min Amount: £10,000
- Max Amount: £250,000
- Min APR: 9.6%
- Max APR: 11.2%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Business loans
- Industries: SMEs
Pros
- No impact on credit score during eligibility check
- Fast decisions
Tide offers business loans with a fast and straightforward application process targeting UK SMEs. It is typically appropriate for those needing quick funding with flexible options including overdrafts. Tide aims to combine ease of access with competitive APRs and simple repayment terms.
Loan Details
- Min Amount: £1,000
- Max Amount: £20,000,000
- Min APR: 7%
- Max APR: 14%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Business loans, Overdrafts
- Industries: Small and medium enterprises
Pros
- Quick processing
- No lengthy forms
Capitalise is a fintech platform that compares funding options from a range of lenders. It suits UK SMEs looking for a broad view of available financing without fixed product types. The platform facilitates lender comparisons to aid selection based on borrower needs.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Comparative finance platform
- Industries: General
Pros
- Multiple lender comparison
- Specialized in short term loans
Cons
- Exact terms depend on lender
Uswitch provides comparison services for business loans among various financial and utility products. It is aimed at customers seeking general information and guidance on financing. Uswitch offers access to partnered lenders for those looking to explore options.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Comparative service
- Industries: General
Pros
- Detailed guides available
Cons
- Limited to partnered lenders
Barclays provides traditional business financing including loans and mortgages with flexible terms and no early repayment penalties. It is ideal for borrowers who prefer bank lending options with established processes. Barclays offers a structured lending approach with a variety of finance products.
Loan Details
- Min Amount: £1,000
- Max Amount: £10,000
- Min APR: 11.2%
- Max APR: 14.9%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Business loans, Mortgages
- Industries: General
Pros
- Flexible terms
- No early repayment fees
Cons
- Higher APR for small loans
MoneySuperMarket offers comparison services across a broad spectrum of financial products including business loans. It is suited for SMEs seeking an overview of options rather than direct lending. MoneySuperMarket helps users navigate the market with impartial information.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Comparison service
- Industries: General
Pros
- Wide range of financial products
NatWest offers a range of business funding options including loans and credit cards through a widespread branch network. It is suitable for SMEs looking for bank financing with various product choices. NatWest provides structured lending with established processing times and conditions.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 11.2%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Business loans, Credit cards
- Industries: General
Pros
- Widespread branch network
How to choose
When selecting the best lender for a 60k working capital loan, assess your financing needs and budget carefully. Consider factors such as loan size, APR, repayment flexibility, and eligibility requirements. Evaluate both speed and application simplicity against your cash flow demands. Check if collateral is needed and examine any early repayment terms. Comparing brokers, direct lenders, and specialist providers can help in finding the right fit. Always review lender fees and services to align with your franchise business requirements.
Conclusion
Choosing the right lender depends on your specific use case and requirements. Bank lenders offer reliability and structured products suitable for general business needs. Brokers can provide access to a wider market and specialized loans but may include additional fees. Specialist lenders often focus on niche financing such as revenue-based or fast approvals. Funding Agent is suited for SMEs wanting quick comparisons across multiple options. Matching the provider type to your loan purpose will support better financing outcomes for a 60 thousand pounds loan.