March 26, 2026
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Best Long-Term Business Loan Lenders for the Hospitality Industry

Discover the best long-term business loan lenders tailored for the hospitality industry in the UK. Find flexible financing options to grow your restaurant, hotel, or pub business.
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Best Long-Term Business Loan Lenders for the Hospitality Industry
Jesse Spence
Finance content writer / Market researcher

Jesse Spence is a Funding Research and Content Lead at Funding Agent with 4 years of experience in market research. He focuses on turning lender criteria and market insights into practical, plain-English resources that help business owners, not only, improve approval chances and choose the right type of finance but also find the right funding providers for their needs.

Best Long-Term Business Loan Lenders for the Hospitality Industry

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 2026-03-23.

1. Funding Agent

Funding Agent specialises in brokering business finance by comparing multiple lenders quickly. It is suitable for UK SMEs looking for a broad overview of loan options with straightforward eligibility checks. The platform offers fast decision-making and no requirement for collateral, supporting a variety of repayment schedules.

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. Capify

Capify specialises in offering secured and unsecured SME loans across the UK. It is geared towards businesses that require flexible terms and quick access to funding, suitable for working capital and expansion needs. Capify provides same-day funding with flexible repayment options, though its APR reflects the loan risk.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 67.89%
  • Max APR: 67.89%
  • Loan Duration: 3–12 months ⌛

Services & Industries

  • Finance Types: Secured loans, Unsecured loans
  • Industries: Small and medium enterprises

Pros

  • Same-day funding
  • Flexible terms

Cons

  • High APR

Sources: Source

3. Oaknorth

Oaknorth focuses on large-scale business loans tailored to substantial growth projects. It is typically suitable for established companies requiring bespoke financing solutions across multiple sectors. Oaknorth emphasises customised terms and in-depth borrower assessment rather than fixed product offerings.

Loan Details

  • Min Amount: £1,000,000
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Business loans
  • Industries: Multiple sectors excluding gambling, weapons

Pros

  • Bespoke lending solutions

Cons

  • High minimum loan amount

Sources: Source

4. Folk2Folk

Folk2Folk operates as a peer-to-peer lending platform offering secured loans primarily to regional UK businesses. It is suitable for enterprises seeking community-driven financing with security against assets. The service provides relatively long terms and competitive rates tailored to local market needs.

Loan Details

  • Min Amount: £100,000
  • Max Amount: £10,000,000
  • Min APR: 7.5%
  • Max APR: 9%
  • Loan Duration: 6 months to 5 years ⌛

Services & Industries

  • Finance Types: Secured loans
  • Industries: Regional businesses

Pros

  • Community-focused financing

Cons

  • Minimum loan criteria

Sources: Source

5. Fleximize

Fleximize supplies flexible financing options to UK SMEs across diverse industries. It suits businesses looking for adaptable loan amounts paired with varied terms and conditions. Fleximize offers unsecured and secured loans with options designed for different repayment plans and risk profiles.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £500,000
  • Min APR: 5.9%
  • Max APR: 39.9%
  • Loan Duration: 1–60 months ⌛

Services & Industries

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

Pros

  • No early repayment fees

Cons

  • High APR for unsecured loans

Sources: Source

6. Millbrook Business Finance

Millbrook Business Finance delivers asset-based lending solutions across multiple sectors including hospitality. It is appropriate for organisations seeking financing secured against assets with relatively quick approvals. Millbrook's offerings focus on flexibility in loan structuring and suitability for various asset classes.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,000,000
  • Min APR: 4.9%
  • Max APR: 14.9%
  • Loan Duration: 6–60 months ⌛

Services & Industries

  • Finance Types: Asset finance
  • Industries: Multiple sectors

Pros

  • Flexible solutions

Cons

  • Limited to certain asset types

Sources: Source

7. AJL Finance

AJL Finance specialises in providing asset-based lending solutions to UK SMEs. It suits businesses requiring substantial loan amounts with flexible terms. AJL focuses on quick approval processes with loans structured around asset security.

Loan Details

  • Min Amount: £1,000,000
  • Max Amount: £15,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Asset-based lending
  • Industries: Multiple sectors

Pros

  • Large funding amounts

Cons

  • High minimum loan amount

Sources: Source

8. Smart Funding Solutions

Smart Funding Solutions offers access to a broad lending panel catering to diverse funding requirements. It is suitable for a wide range of UK businesses seeking flexible options, though lending criteria may vary. Their platform emphasises brokered access to multiple finance types across industries.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Secured loans
  • Industries: All business types

Pros

  • Wide variety of lenders

Cons

  • Varied lending criteria

Sources: Source

9. LendingCrowd

LendingCrowd acts as a peer-to-peer lender focusing on unsecured business loans for SMEs. It suits companies looking for moderate loan sizes with options for quicker access and multiple term lengths. LendingCrowd offers no early repayment fees and a straightforward lending process.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 7.9%
  • Max APR: 14.9%
  • Loan Duration: 6–60 months ⌛

Services & Industries

  • Finance Types: Unsecured business loans
  • Industries: SMEs

Pros

  • No early repayment fees

Cons

  • Strict eligibility requirements

Sources: Source

10. MCL Finance

MCL Finance specialises in fast, unsecured lending for UK SMEs requiring minimal documentation. It is appropriate for businesses needing quick access to funds with a streamlined approval process. MCL Finance emphasises speed and efficiency over secured lending options.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £250,000
  • Min APR: 5.9%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Unsecured loans
  • Industries: SMEs

Pros

  • Quick approval process

Cons

  • Higher rates compared to secured options

Sources: Source

How to choose

When selecting the best long-term business loan lenders for the hospitality industry, consider your specific loan amount needs and affordability of APRs. Evaluate eligibility criteria carefully and weigh the trade-offs between speed and flexibility. Think about how repayment schedules align with your franchise's cash flow patterns and seasonal fluctuations. Check for collateral requirements, security options, and loan-to-value ratios that suit your circumstances. Review fees, early repayment terms, and lender track records before committing to a loan.

Conclusion

Choosing the right lender depends on your business size and financial goals. Banks may suit larger or more established businesses, while brokers like Funding Agent offer access to multiple options across lenders. Specialist providers cater to specific needs such as asset-based lending or peer-to-peer funding. Matching lender type to use case can enhance financing success. Always verify current terms and pricing before proceeding with any business loan.

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FAQs

What are long-term business loans in the hospitality industry?
Which lenders offer the best long-term business loans for hospitality businesses in the UK?
What factors should I consider when choosing a long-term loan for my hospitality business?
How can I improve my chances of getting approved for a long-term loan in hospitality?
What purposes can long-term loans be used for in the hospitality industry?
Are there government schemes to support hospitality businesses with long-term loans?

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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
2CapifyCapify offers SME loans to support UK businesses, including secured and unsecured options from £5,000 to £1,000,000.£5,000–£1,000,000; 67.89%–67.89% APR; 3–12 months
3OaknorthOakNorth specializes in large business loans starting from £1 million, focusing on various sectors to enable growth.£1,000,000–£0; 0%–0% APR; Unknown
4Folk2FolkFolk2Folk is a peer-to-peer lending platform providing secured loans to businesses across regional UK from £100,000 to £10,000,000.£100,000–£10,000,000; 7.5%–9% APR; 6 months to 5 years
5FleximizeFleximize offers flexible business finance to UK SMEs with loans ranging from £10,000 to £500,000.£10,000–£500,000; 5.9%–39.9% APR; 1–60 months
6Millbrook Business FinanceMillbrook provides asset-based financing solutions to various sectors, including hospitality, with fast approvals.£10,000–£1,000,000; 4.9%–14.9% APR; 6–60 months
7AJL FinanceAJL Finance offers business financing with a focus on fast approvals and flexible terms for UK SMEs.£1,000,000–£15,000,000; 0%–0% APR; Unknown
8Smart Funding SolutionsSmart Funding Solutions caters to a wide array of business funding needs with a diverse lending panel.£5,000–£2,000,000; 0%–0% APR; Unknown
9LendingCrowdLendingCrowd is a peer-to-peer lending platform for SMEs, offering loans with terms from 6 months to 5 years.£5,000–£500,000; 7.9%–14.9% APR; 6–60 months
10MCL FinanceMCL Finance provides fast, unsecured loans to UK SMEs, specializing in rapid funding with minimal paperwork.£5,000–£250,000; 5.9%–0% APR; Unknown
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