April 7, 2026
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Best Secured Business Loan Lenders for the Renewables Industry

Discover the best secured business loan lenders catering to the renewables industry in the UK. Learn how to secure funding for your green energy business today.
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Best Secured Business Loan Lenders for the Renewables Industry
Abdus-Samad Charles
Finance Writer

Abdus-Samad Charles is a finance writer and the Head of Content at Funding Agent, with four years’ experience creating practical, easy-to-follow, SEO-informed guidance for UK small and medium-sized businesses. He specialises in turning complex funding topics, like eligibility criteria, documentation requirements, approval timelines, and lender expectations, into clear, research-led resources that are easy to find and help business owners make confident, informed decisions.

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 2026-03-30.

1. Close Brothers Business Finance

Close Brothers Business Finance focuses on asset-based lending with options like hire purchase and finance leases suitable for businesses needing secured finance. Their products typically suit SMEs across varied sectors including energy and transport. The lender offers predictable terms with emphasis on flexibility and collateral-based lending structures.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 6%
  • Max APR: 0%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Asset Finance, Hire Purchase, Re-Finance, Operating Lease
  • Industries: Agriculture, Construction, Energy, Manufacturing

Pros

  • Flexible funding options
  • Supports multiple industries

Cons

  • Specific rates depend on personal circumstances
  • Potential high APR for riskier cases

Sources: Source

2. Natwest

Natwest provides bank business loans designed for SMEs needing working capital with quick online applications and no early repayment fees. It is suited for franchise buyers and small businesses that prefer straight-forward unsecured lending. The offering balances speed and accessibility through established banking channels.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £750,000
  • Min APR: 11.3%
  • Max APR: 0%
  • Loan Duration: 1 to 7 years ⌛

Services & Industries

  • Finance Types: Unsecured Loans, Overdrafts, Credit Lines
  • Industries: General Business

Pros

  • Fast online application
  • No early repayment fees

Cons

  • Limited to customers with bank accounts

Sources: Source

3. Lloyds Bank

Lloyds Bank offers commercial loans aimed at established and growing businesses, with flexible terms and a range of repayment options. It generally suits franchises and companies seeking options through a major bank with varied product offerings. The lender’s approach highlights adaptability and support for different industry needs.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varies by product ⌛

Services & Industries

  • Finance Types: Commercial Loans, Overdrafts, Asset Finance
  • Industries: General Business

Pros

  • Flexible loan terms
  • Supportive of various industries

Cons

  • APR information is less transparent

Sources: Source

4. Barclays

Barclays offers a wide range of business finance products including loans, mortgages, and credit lines tailored to general business needs. It suits companies seeking flexible funding with different product structures. Barclays provides options that balance speed and product variety through established banking channels.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varies by product ⌛

Services & Industries

  • Finance Types: Loans, Overdrafts, Credit Lines, Mortgages
  • Industries: General Business

Pros

  • Diverse range of financing products
  • Fast application process

Cons

  • APR not clearly stated

Sources: Source

5. Metro Bank

Metro Bank delivers business and commercial loans with a focus on personalised service and flexible term options. It is well-suited for SMEs that value tailored support and adaptable repayment plans. Metro Bank emphasises client engagement alongside a broad product range.

Loan Details

  • Min Amount: £2,000
  • Max Amount: £60,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 1 to 30 years ⌛

Services & Industries

  • Finance Types: Commercial Loans, Credit Lines, Overdrafts
  • Industries: General Business

Pros

  • Customized support
  • Flexible loan durations

Cons

  • Limited loan amounts compared to competitors

Sources: Source

6. Aldermore

Aldermore specialises in finance solutions such as invoice finance and asset-based lending, focusing on secured lending for SMEs. It suits businesses needing larger amounts with collateral-based arrangements, often used for property and retail sectors. The lender balances competitive rates with longer-term financing options.

Loan Details

  • Min Amount: £50,000
  • Max Amount: £25,000,000
  • Min APR: 4.5%
  • Max APR: 10%
  • Loan Duration: 3 to 25 years ⌛

Services & Industries

  • Finance Types: Invoice Finance, Asset Finance
  • Industries: Property, Retail

Pros

  • High loan amounts
  • Competitive rates

Cons

  • Collateral required

Sources: Source

7. Nucleus Commercial Finance

Nucleus Commercial Finance offers a broad range of secured and unsecured business loans tailored to diverse business needs. It is appropriate for SMEs seeking flexible finance with varied security requirements. The company supports growth through adaptable lending with broker access.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £5,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varies by product ⌛

Services & Industries

  • Finance Types: Secured Loans, Unsecured Loans
  • Industries: General Business

Pros

  • Diverse finance offerings
  • Quick decision making

Cons

  • APR information not readily available

Sources: Source

8. White Oak UK

White Oak UK focuses on delivering fast and flexible business loans tailored to SME borrowers. It suits companies seeking solutions with quick approvals and adaptable finance terms across various sectors. Their approach emphasises simplicity and responsiveness in funding.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £5,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varies by product ⌛

Services & Industries

  • Finance Types: Business Loans, Asset Finance
  • Industries: General Business

Pros

  • Flexible finance options
  • Fast processing

Cons

  • Limited APR visibility

Sources: Source

9. Iwoca

Iwoca specialises in short-term loans designed for SMEs that need fast access to working capital with transparent pricing. The loans suit businesses requiring flexible repayment periods and straightforward lending structures. Their service emphasises speed and clarity for quick financing decisions.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 8.5%
  • Max APR: 0%
  • Loan Duration: 1 to 24 months ⌛

Services & Industries

  • Finance Types: Short-Term Loans
  • Industries: Construction, Retail

Pros

  • Fast online processing
  • Transparent pricing

Cons

  • Higher rates for short-term loans

Sources: Source

10. Bibby Financial Services

Bibby Financial Services specialises in invoice finance to provide cash flow solutions for B2B clients across the UK. It typically suits businesses needing invoice-based funding rather than standard business loans. The provider focuses on supporting working capital needs with tailored finance products.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £10,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Varies by product ⌛

Services & Industries

  • Finance Types: Invoice Finance, Asset Based Lending
  • Industries: IT, Professional Services

Pros

  • Specialist in invoice finance
  • Large funding capacity

Cons

  • Not a traditional business loan

Sources: Source

How to choose

When selecting secured business loan lenders for the renewables industry, consider loan size and APR to match your funding needs and budget. Evaluate eligibility criteria carefully, including security requirements and collateral acceptance. Balance the speed of approval against the flexibility of loan terms and repayment options. Assess how loan repayments align with your cash flow and the cyclical nature of renewable energy projects. Inquire about fees and early repayment policies before deciding. A clear understanding of lender conditions will support a choice that fits your project requirements.

Conclusion

The right lender depends on your financing needs, including the amount and timing of funds. Banks typically provide more structured products suitable for established businesses, while brokers and specialist lenders can offer access to niche products or quicker decisions for unique needs. Matching your use case, such as property finance, working capital, or asset-based lending, with the right type of provider is key. Always check terms, costs, and eligibility directly with providers before applying. For informed choices, consider resources like the Funding Agent review when seeking loans around 200 thousand pounds.

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FAQs

What is a secured business loan?
Why choose a secured loan for the renewables industry?
Which lenders specialise in secured loans for renewable energy businesses?
What types of assets can be used as security for these loans?
How can my renewables business improve chances of loan approval?
Are there government schemes supporting loans for renewable energy projects?

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1Close Brothers Business FinanceClose Brothers Business Finance provides asset-based lending solutions, including hire purchase, finance lease, and refinance options, supporting various industries including energy and transport.£5,000–£500,000; 6%–0% APR; Unknown
2NatwestNatwest offers business loans with quick online applications and no early repayment fees, supporting small and medium enterprises across the UK.£1,000–£750,000; 11.3%–0% APR; 1 to 7 years
3Lloyds BankLloyds Bank provides commercial loans with flexible terms and options tailored to various business needs, from startups to well-established companies.£5,000–£500,000; 0%–0% APR; Varies by product
4BarclaysBarclays offers a comprehensive range of business financing solutions, including loans, mortgages, and credit lines, designed to support business ambitions.£1,000–£1,000,000; 0%–0% APR; Varies by product
5Metro BankMetro Bank provides business and commercial loans with a focus on personalized service and flexible terms to meet diverse business needs.£2,000–£60,000; 0%–0% APR; 1 to 30 years
6AldermoreAldermore provides finance solutions including invoice finance and asset-based lending to support UK SMEs.£50,000–£25,000,000; 4.5%–10% APR; 3 to 25 years
7Nucleus Commercial FinanceNucleus Commercial Finance offers a wide range of finance products, including unsecured and secured business loans to help businesses grow.£5,000–£5,000,000; 0%–0% APR; Varies by product
8White Oak UKWhite Oak UK specializes in providing quick and flexible business loans to UK SMEs, offering tailored finance solutions to support various sectors.£5,000–£5,000,000; 0%–0% APR; Varies by product
9IwocaIwoca offers flexible short-term business loans tailored for SMEs, with quick decisions and clear pricing structures.£5,000–£1,000,000; 8.5%–0% APR; 1 to 24 months
10Bibby Financial ServicesBibby Financial Services provides cash flow funding through invoice finance solutions, primarily serving B2B clients across the UK.£5,000–£10,000,000; 0%–0% APR; Varies by product
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