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.
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
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
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
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
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
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
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
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
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
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
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.