Best Lenders to Secure a Unsecured Business Loan Over 10 Years
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 focuses on helping UK SMEs quickly compare unsecured business finance options with an easy application process. It is typically suited to small and medium enterprises looking for straightforward, collateral-free lending. The platform offers fast processing and eligibility matching to support flexible funding needs.
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
XYZ Finance offers a broad selection of unsecured loan products designed to support business growth without requiring collateral. This lender is well-suited for franchise buyers and retail or technology-focused SMEs seeking flexible financing. The offering emphasises speed and accessible lending options tailored to client needs.
Loan Details
- Min Amount: £10,000
- Max Amount: £250,000
- Min APR: 5%
- Max APR: 20%
- Loan Duration: 12-120 months ⌛
Services & Industries
- Finance Types: Unsecured Loans
- Industries: Retail, Technology
Pros
- Fast approval
- No collateral needed
Cons
- Higher APR for low credit scores
ABC Lending specialises in customised unsecured lending solutions suited to small and medium-sized enterprises across varied sectors. It is ideal for businesses that require flexible loan terms without collateral. The lender focuses on tailored packages with a balance of competitive rates and application transparency.
Loan Details
- Min Amount: £5,000
- Max Amount: £150,000
- Min APR: 4.9%
- Max APR: 18.5%
- Loan Duration: 6-120 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Business Overdraft
- Industries: Manufacturing, Healthcare
Pros
- Personalized loan offers
- Wide acceptance
123 Credit provides accessible unsecured financing options with straightforward terms for SMEs. It is typically suitable for businesses seeking quick availability of funds without collateral. Their focus is on transparent fee structures and simple loan products tailored for service and education sectors.
Loan Details
- Min Amount: £8,000
- Max Amount: £200,000
- Min APR: 6%
- Max APR: 22%
- Loan Duration: 12-84 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Revolving Credit
- Industries: Hospitality, Education
Pros
- Transparent fees
- Quick processing
Cons
- Higher interest rates for short-term loans
LendWise focuses on delivering a range of unsecured lending options, including term loans tailored for sectors like construction and transport. It is appropriate for businesses seeking flexible repayment plans without prepayment penalties. The lender emphasises adaptable loan terms and credit-based eligibility.
Loan Details
- Min Amount: £7,000
- Max Amount: £300,000
- Min APR: 4.8%
- Max APR: 21%
- Loan Duration: 12-108 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Term Loans
- Industries: Construction, Transport
Pros
- Flexible repayment options
- No prepayment penalties
Cons
- Eligibility based on credit score
Opus Finance provides innovative unsecured loans targeting UK SMEs, particularly in retail and finance industries. It suits borrowers seeking competitive terms and fast funding without secured collateral. The lender supports flexible loan durations to accommodate varying business needs.
Loan Details
- Min Amount: £10,000
- Max Amount: £150,000
- Min APR: 5.5%
- Max APR: 19.5%
- Loan Duration: 6-96 months ⌛
Services & Industries
- Finance Types: Unsecured Loans
- Industries: Retail, Finance
Pros
- Fast funding
- Competitive terms
LendTech delivers technology-driven unsecured business loans, focusing on entrepreneurs in tech and logistics sectors. It is suitable for SMEs needing online-driven, efficient financing with flexible repayment solutions. The lender offers access to business lines and other specialised products with limited physical presence.
Loan Details
- Min Amount: £6,000
- Max Amount: £200,000
- Min APR: 5.2%
- Max APR: 23%
- Loan Duration: 12-120 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Business Lines
- Industries: Tech, Logistics
Pros
- Technology-driven solutions
- Easy online application
Cons
- Limited physical branch support
Business Finance Direct specialises in quick unsecured loans for small UK businesses, focusing on fast availability and ease of application. It suits franchise buyers or SMEs seeking straightforward funding without complex collateral. The lender offers real-time tracking to help manage short-term loan needs.
Loan Details
- Min Amount: £5,000
- Max Amount: £100,000
- Min APR: 6.5%
- Max APR: 25%
- Loan Duration: 3-60 months ⌛
Services & Industries
- Finance Types: Unsecured Loans
- Industries: Services, Farming
Pros
- Real-time tracking
- Short-term loans
Smart Lending collaborates with businesses to deliver unsecured loans focusing on flexibility and customer service. The provider is tailored for SMEs in retail and wholesaling who value adaptable terms. Their lending includes credit line options to meet ongoing working capital requirements.
Loan Details
- Min Amount: £7,000
- Max Amount: £180,000
- Min APR: 4.7%
- Max APR: 20%
- Loan Duration: 12-108 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Credit Lines
- Industries: Retail, Wholesaling
Pros
- Customer-centric service
- Flexible terms
Capital Boost provides unsecured loans designed to support UK business expansion without collateral. This lender is suited to franchises and SMEs in retail or manufacturing sectors seeking predictable terms. The service offers straightforward lending with an emphasis on transparent fees and timely application processing.
Loan Details
- Min Amount: £9,000
- Max Amount: £220,000
- Min APR: 5.1%
- Max APR: 19%
- Loan Duration: 12-120 months ⌛
Services & Industries
- Finance Types: Unsecured Loans, Expansion Loans
- Industries: Retail, Manufacturing
Pros
- No hidden fees
- Fast application process
Cons
- Higher APR for small loans
How to choose
Consider your required loan amount and duration when selecting an unsecured business loan provider. Evaluate APR ranges in relation to your budget and business creditworthiness. Speed of approval and flexibility of repayment options vary across lenders. Check eligibility criteria carefully, especially in relation to collateral requirements or broker involvement. Assess early repayment terms and any associated fees. Balancing these factors ensures a suitable match for your long-term business financing needs.
Conclusion
Choosing between bank lenders, brokers, or specialist providers depends on your business size, loan amount, and financing purpose. Brokers often provide access to multiple lenders, while specialists may offer focus on unsecured loans or specific industry sectors. Bank loans usually involve stricter criteria but can support larger financing needs. Funding Agent remains a practical tool for SMEs seeking quick comparisons across various unsecured loan options. For loans up to 200 thousand pounds, matching lender type to your needs is essential to streamline the application and funding process.
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