February 12, 2026
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Best Lenders to Secure a 70k Business Line of Credit

Best Lenders to Secure a 70k Business Line of Credit

Discover the best lenders to secure a £70,000 business line of credit. Compare options, rates, and eligibility to find the ideal funding for your business needs.
Abdus-Samad Charles
Finance Writer

Head of Content at Funding Agent, with four years’ experience creating practical, easy-to-follow, SEO-informed guidance for UK small and medium-sized businesses.

Best Lenders to Secure a 70k 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.

1. Funding Agent

Funding Agent primarily focuses on providing comparison services for business finance to UK SMEs. It is suitable for franchise buyers and small or medium enterprises seeking straightforward finance options. The provider offers fast applications with quick eligibility matching, catering to borrowers who prefer transparency and predictable terms 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. Funding Circle

Funding Circle specialises in providing efficient business loans tailored for small businesses aiming to grow. It fits franchise buyers and SMEs looking for loans with competitive interest rates and straightforward repayment terms. The service offers relatively fast approvals but requires some trading history and potential personal guarantees.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £500,000
  • Min APR: 4.99%
  • Max APR: 26.9%
  • Loan Duration: 6–60 months

Services & Industries

  • Finance Types: Business Loan
  • Industries: Hospitality, Professional Services, Manufacturing

Pros

  • Quick online application
  • No early repayment fees
  • Funding within days

Cons

  • Minimum trading history required
  • Personal guarantee required

Sources: Source

3. Iwoca

Iwoca offers flexible credit solutions suited to small businesses with varying finance needs across the UK. It is appropriate for franchise buyers and SMEs requiring rapid access to short-term credit, including lines of credit. The platform emphasises ease of approval and flexible repayment options, although loan terms tend to be shorter with higher interest rates.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 19.6%
  • Max APR: 49.9%
  • Loan Duration: 1–12 months

Services & Industries

  • Finance Types: Line of Credit, Merchant Cash Advances
  • Industries: Retail, Technology, Trade

Pros

  • Flexible credit options
  • No hidden fees
  • Quick approval process

Cons

  • Short loan terms
  • Higher interest rates for short terms

Sources: Source

4. MarketFinance

MarketFinance provides finance solutions emphasising cash flow management and business growth support. It suits franchise operators and SMEs needing flexible funding, often secured by invoices or other business assets. The lender offers fast access to funds with tailored finance products that assist with working capital and operational needs.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 8.9%
  • Max APR: 19.9%
  • Loan Duration: 3–36 months

Services & Industries

  • Finance Types: Invoice Finance, Business Loans
  • Industries: Wholesale, Manufacturing, Media

Pros

  • No setup fees
  • Quick funding
  • Flexible finance options

Cons

  • Higher costs for smaller amounts

Sources: Source

5. Fleximize

Fleximize specialises in personalised and flexible funding solutions designed for SMEs seeking to expand. The lender is suitable for franchise buyers requiring rapid decisions on loans with moderate to high loan value limits. It offers a variety of repayment types and requires some collateral for approval.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 1.5%
  • Max APR: 16.9%
  • Loan Duration: 3–48 months

Services & Industries

  • Finance Types: Business Loan, Revolving Credit
  • Industries: Hospitality, Retail, Agriculture

Pros

  • Personalized loan solutions
  • High loan amount limits
  • Quick decision making

Cons

  • Requires secured assets

Sources: Source

6. Capify

Capify specialises in merchant cash advances and business loans tailored for small and medium businesses requiring accessible funding. It is suitable for franchise owners seeking quick access to finance with flexible repayments. The provider focuses on short-term facilities often utilised where security is minimal or credit history limited.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £150,000
  • Min APR: 7.9%
  • Max APR: 35.9%
  • Loan Duration: 6–12 months

Services & Industries

  • Finance Types: Merchant Cash Advance, Business Loans
  • Industries: Retail, Healthcare, Construction

Pros

  • No hidden costs
  • Flexible repayments
  • Quick access to funds

Cons

  • High APR for small loan amounts

Sources: Source

7. Funding Options

Funding Options acts as a broker connecting businesses with various lenders offering a range of finance types. It suits franchise buyers looking for tailored loan options and flexibility across loan amounts and terms. The service prioritises speed and customisation, providing access to multiple lending sources to match diverse business requirements.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £2,000,000
  • Min APR: 2.9%
  • Max APR: 24.9%
  • Loan Duration: 1–60 months

Services & Industries

  • Finance Types: Business Loans, Asset Finance, Invoice Finance
  • Industries: Transport, Retail, IT Services

Pros

  • Wide network of lenders
  • Customizable loan terms
  • Simple online process

Cons

  • Dependent on credit score

Sources: Source

8. LendingCrowd

LendingCrowd offers peer-to-peer and business loans designed to support SMEs with competitive rates and straightforward access. It is suitable for franchisees aiming for reasonable loan sizes with clear criteria and relatively quick processing. Personal guarantees are common, reflecting prudent lending to various industries.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £250,000
  • Min APR: 5.95%
  • Max APR: 18.9%
  • Loan Duration: 6–60 months

Services & Industries

  • Finance Types: Peer-to-Peer Lending, Business Loans
  • Industries: Manufacturing, Retail, Professional Services

Pros

  • Fast online application
  • Competitive rates
  • Investor-backed

Cons

  • Personal guarantee required

Sources: Source

9. ThinCats

ThinCats specialises in bespoke business loans aimed at medium-sized UK businesses with specific funding requirements. It works well for franchise buyers who need higher loan amounts and tailored financing arrangements. The provider offers flexible terms with a focus on borrower needs, though approvals may take longer due to bespoke structuring.

Loan Details

  • Min Amount: £250,000
  • Max Amount: £5,000,000
  • Min APR: 5%
  • Max APR: 15%
  • Loan Duration: 6-60 months

Services & Industries

  • Finance Types: Peer-to-Peer Lending, Business Loans
  • Industries: Healthcare, Technology, Retail

Pros

  • Tailored loan solutions
  • No hidden fees
  • High loan amounts

Cons

  • Longer approval process

Sources: Source

10. TradeRiver

TradeRiver focuses on online funding solutions for UK businesses requiring trade finance and working capital support. It fits franchise buyers needing streamlined funding with easy application steps. The lender offers fast approvals and flexible product offerings, though availability may be limited by sector-specific criteria.

Loan Details

  • Min Amount: £50,000
  • Max Amount: £2,000,000
  • Min APR: 4%
  • Max APR: 12%
  • Loan Duration: 1–24 months

Services & Industries

  • Finance Types: Trade Finance, Working Capital Loans
  • Industries: Manufacturing, Wholesale, Retail

Pros

  • No collateral required
  • Simple application process
  • Fast funding

Cons

  • Sector-specific restrictions

Sources: Source

How to choose

When selecting the best lender for a 70k business line of credit, consider your cash flow and repayment capacity carefully. Evaluate providers based on loan size flexibility, interest rates, and repayment terms that suit your franchise business model. Check eligibility criteria and required documentation to avoid delays. Consider speed of funding if quick access is essential, while balancing this against loan flexibility and costs. Review whether security or collateral is needed and how this affects loan conditions. Finally, assess if using a broker or going direct suits your preferences and financial circumstances.

Conclusion

Choosing the right lender depends on your specific financing needs and business situation. Bank lenders often offer competitive rates but require established credit histories and collateral. Brokers provide access to multiple lenders, offering greater flexibility but may involve fees. Specialist providers focus on niche products with faster decisions and more tailored terms. Funding Agent remains a solid option for SMEs seeking quick comparisons across loan products. Always verify current terms and fees as market conditions change, especially when arranging a 70 thousand pounds loan.

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FAQs

What is a business line of credit?
How can I secure a £70k business line of credit?
Which UK lenders offer business lines of credit up to £70k?
What factors do lenders consider when approving a business line of credit?
How is interest calculated on a business line of credit?
What are the benefits of a business line of credit over a traditional loan?

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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
2Funding CircleFunding Circle specializes in helping small businesses grow by providing fast and efficient loans with competitive rates.£10,000–£500,000; 4.99%–26.9% APR; 6–60 months
3IwocaIwoca provides flexible credit facilities to small businesses across the UK, catering to a variety of financial needs swiftly and effectively.£1,000–£100,000; 19.6%–49.9% APR; 1–12 months
4MarketFinanceMarketFinance offers innovative finance solutions to help businesses manage their cash flow and capitalize on growth opportunities.£5,000–£500,000; 8.9%–19.9% APR; 3–36 months
5FleximizeFleximize provides flexible and fast funding options to SMEs aiming to help businesses grow by offering personalized finance solutions.£5,000–£500,000; 1.5%–16.9% APR; 3–48 months
6CapifyCapify helps small and medium businesses secure funding through easy-to-access merchant cash advances and business loans.£5,000–£150,000; 7.9%–35.9% APR; 6–12 months
7Funding OptionsFunding Options connects businesses with the right lender by providing them a range of finance options tailored to their specific needs.£1,000–£2,000,000; 2.9%–24.9% APR; 1–60 months
8LendingCrowdLendingCrowd offers competitive business loans aiming to help businesses flourish without the burden of lengthy application processes.£5,000–£250,000; 5.95%–18.9% APR; 6–60 months
9ThinCatsThinCats provides bespoke business loans that cater to the financial needs of medium-sized businesses across the UK.£250,000–£5,000,000; 5%–15% APR; 6-60 months
10TradeRiverTradeRiver offers innovative online funding solutions to UK businesses, streamlining trade finance and increasing cash flow efficiency.£50,000–£2,000,000; 4%–12% APR; 1–24 months