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.
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
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
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
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
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
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
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
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
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
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
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.