January 23, 2026
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Best Lenders to Secure a 70k Short Term Loan

Best Lenders to Secure a 70k Short Term Loan

Discover the best lenders offering short term loans of £70,000. Compare rates, terms, and eligibility to secure quick and reliable funding today.

Best Lenders to Secure a 70k Short Term 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 2026-01-23.

1. Funding Agent

Funding Agent focuses on helping UK SMEs quickly compare a variety of business finance options via a straightforward application process. It is typically suitable for businesses seeking unsecured or working capital loans without collateral requirements. The provider offers flexible terms with brokered access to multiple lenders, emphasising speed and ease of eligibility matching.

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. Lending Expert

Lending Expert operates as a lending platform providing access to a large network of UK lenders for unsecured and secured loans. It is suitable for SMEs and startups looking for competitive rates and a diverse range of loan options. Their model offers flexibility in loan terms with a focus on brokered lending products.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,000,000
  • Min APR: 2.9%
  • Max APR: 4.66%
  • Loan Duration: 1-7 years

Services & Industries

  • Finance Types: Unsecured loans, Secured loans
  • Industries: SMEs, Startups

Pros

  • Competitive APR
  • Wide range of lenders

Cons

  • May require good credit

Sources: Source

3. NatWest

NatWest is a traditional UK bank offering a range of fixed and variable rate business loans. It is generally suited to small and medium enterprises that require structured repayment plans and varied financing types. The bank provides flexibility in terms of loan duration and repayment options, with eligibility based on business profile.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £250,000
  • Min APR: 10%
  • Max APR: 15%
  • Loan Duration: 1-7 years

Services & Industries

  • Finance Types: Fixed rate loans, Variable rate loans
  • Industries: Various

Pros

  • Flexible repayment plans
  • Quick processing

Cons

  • Interest rates can be high

Sources: Source

4. HSBC

HSBC offers business loan products including fixed and variable interest options. It caters to enterprises requiring flexible repayment terms and a range of financing solutions. HSBC’s global presence supports a variety of industries, focusing on firms that need adaptable borrowing arrangements.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £50,000
  • Min APR: 5.7%
  • Max APR: 10%
  • Loan Duration: 1-5 years

Services & Industries

  • Finance Types: Fixed rate loans, Variable rate loans
  • Industries: Various

Pros

  • Global bank presence
  • Diverse loan options

Cons

  • Strict eligibility criteria

Sources: Source

5. Moneysupermarket

Moneysupermarket acts as a financial product comparison site that covers a broad range of business loans. It fits businesses looking for varying loan amounts and terms across secured and unsecured options. The platform helps users explore multiple lenders to find competitive rates and flexible borrowing choices.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 0.9%
  • Max APR: 3.9%
  • Loan Duration: 3-60 months

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Various

Pros

  • Comprehensive comparison
  • Competitive rates

Cons

  • Indirect lender

Sources: Source

6. USwitch

USwitch offers a comparison service for a variety of business lending products across secured and unsecured categories. It is suitable for businesses that require flexible borrowing amounts and loan terms, though APR specifics may vary. The platform provides an overview to help users understand multiple financing options.

Loan Details

  • Min Amount: £500
  • Max Amount: £1,500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Various

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Various

Pros

  • Range of loan options
  • Flexible comparison

Cons

  • APR details sometimes unclear

Sources: Source

7. MoneySavingExpert

MoneySavingExpert offers advice and guides focused on helping users find affordable personal and business loans. It is tailored to individuals and businesses aiming to save on borrowing costs through careful comparison. The platform emphasises expert insights without providing direct loan products.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Various

Services & Industries

  • Finance Types: Personal loans, Unsecured business loans
  • Industries: Various

Pros

  • Expert advice
  • Cost-saving tips

Cons

  • Information heavy

Sources: Source

8. Lloyds Bank

Lloyds Bank provides a range of flexible business financial services, including loans and overdraft facilities. It targets SMEs requiring competitive interest rates and dedicated customer support. The bank offers variable loan terms and repayment structures to accommodate different business needs.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £50,000
  • Min APR: 5.9%
  • Max APR: 12%
  • Loan Duration: Variable

Services & Industries

  • Finance Types: Business loans, Overdraft facilities
  • Industries: SMEs

Pros

  • Dedicated SME support
  • Competitive rates

Cons

  • High demand could affect availability

Sources: Source

9. Barclays

Barclays offers a variety of business lending products tailored to support SME growth with adaptable repayment terms. It is suited for businesses seeking comprehensive financial solutions including fixed rate options. The bank emphasises flexibility and strong customer support in its offerings.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 4.9%
  • Max APR: 13.9%
  • Loan Duration: Variable

Services & Industries

  • Finance Types: Business loans, Fixed rate options
  • Industries: Various

Pros

  • Flexible terms
  • Strong business support

Cons

  • Complex application process

Sources: Source

10. Santander

Santander provides business loans designed for short-term financing with competitive rates. It suits SMEs looking for tailored repayment plans and accessible borrowing options. The lender offers various products including overdraft facilities to support diverse business needs.

Loan Details

  • Min Amount: £500
  • Max Amount: £50,000
  • Min APR: 3.7%
  • Max APR: 7.5%
  • Loan Duration: 1-5 years

Services & Industries

  • Finance Types: Business loans, Overdraft facilities
  • Industries: Various

Pros

  • Tailored repayment plans
  • Competitive APR

Cons

  • Eligibility criteria can be stringent

Sources: Source

How to choose

When securing a 70k short term loan, consider lenders that offer flexible repayment terms and match your business needs. Evaluate whether you prefer a direct bank loan or brokered access to multiple lenders for competitive options. Check eligibility requirements and associated fees carefully. Speed of funding and loan duration are critical for short-term needs. Ensure the loan’s repayment schedule aligns with your cash flow. Compare APRs and loan types to find the most practical fit for your franchise or business operation.

Conclusion

Selecting the right lender for a 70 thousand pounds loan depends on your business priorities. Banks typically offer structured loans with reliable support but may have stricter criteria. Brokers provide access to a broader range of loans, offering flexibility and speed. Specialist lenders suit unique financing needs like working capital or unsecured loans. Funding Agent is a good option for SMEs seeking quick comparisons among multiple finance choices. Always review current terms and costs directly with lenders before proceeding.

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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
2Lending ExpertLending Expert is a top UK lending platform offering unsecured loans from a network of over 1000 UK lenders.£10,000–£1,000,000; 2.9%–4.66% APR; 1-7 years
3NatWestNatWest is a major retail and commercial bank in the UK, offering diverse business loan options tailored to small and medium enterprises with flexible terms.£1,000–£250,000; 10%–15% APR; 1-7 years
4HSBCHSBC provides a variety of financial products and services to businesses, including fixed and variable interest business loans with flexible repayment terms.£1,000–£50,000; 5.7%–10% APR; 1-5 years
5MoneysupermarketMoneysupermarket is a comparison website offering a wide range of financial products including business loans with varying terms and rates across the UK.£5,000–£500,000; 0.9%–3.9% APR; 3-60 months
6USwitchUSwitch provides business loan comparisons, offering various loan products to suit different business needs with flexible borrowing amounts.£500–£1,500,000; 0%–0% APR; Various
7MoneySavingExpertMoneySavingExpert provides guidance on finding the best deals and advice on personal and business loans, with an emphasis on saving money.£0–£0; 0%–0% APR; Various
8Lloyds BankLloyds Bank offers a range of flexible business financial solutions tailored to support small and medium enterprises with competitive rates and dedicated support.£1,000–£50,000; 5.9%–12% APR; Variable
9BarclaysBarclays provides tailored financial solutions for businesses, offering a wide range of lending products designed to support SME growth with flexibility in repayment.£1,000–£100,000; 4.9%–13.9% APR; Variable
10SantanderSantander UK offers a range of business loans perfect for short-term financing needs with competitive rates and tailored repayment plans.£500–£50,000; 3.7%–7.5% APR; 1-5 years