Best Term Loan Providers for Consultancy Agencies in the UK

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 2025-10-08.

1. Funding Agent

Funding Agent Funding Agent is a leading financial service provider in the UK, specializing in customized term loans for consultancy agencies, offering quick application processes and personalized financial solutions. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £10,000,000
• Min APR: 6.9%
• Max APR: 12.5%
• Loan Duration: 12-60 months⌛

Services & Industries

• Finance Types: Term Loans
• Industries: Consultancy, SME

Pros

• Quick approval
• Flexible terms
• Personalized service

Cons

• Higher rates for new clients

Sources: https://www.fundingagent.co.uk/financing-options/term-loans-for-consultancy-agencies

2. Iwoca

Iwoca Iwoca provides fast and flexible business funding solutions to small businesses across various sectors in the UK. It offers quick access to financing, suitable for businesses seeking flexibility and speed. Repayment options include amortised and revolving credit. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £1,000,000
• Min APR: 6%
• Max APR: 15%
• Loan Duration: 1-24 months⌛

Services & Industries

• Finance Types: Flexible Credit Lines, Term Loans
• Industries: Retail, Services, Hospitality

Pros

• Fast approval
• No early repayment fees

Cons

• Monthly interest rates
• High APR for risky clients

Sources: https://www.iwoca.co.uk/small-business-loans

3. Fleximize

Fleximize Fleximize is an alternative lender offering flexible finance options for SMEs in the UK. It specialises in quick decision-making and flexible repayment plans. Collateral is typically not required. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £500,000
• Min APR: 10.2%
• Max APR: 25%
• Loan Duration: 3-60 months⌛

Services & Industries

• Finance Types: Unsecured Loans, Secured Loans
• Industries: Retail, Consultancy, Professional Services

Pros

• Flexible terms
• Loyalty discounts

Cons

• Higher interest rates for new borrowers

Sources: https://fleximize.com/business-loans

4. Time Finance

Time Finance Time Finance offers commercial loans and asset finance for UK small and medium-sized businesses, often for growth and working capital. Their flexible products include both secured and unsecured options. Speed of approval varies. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £5,000,000
• Min APR: 6%
• Max APR: 12%
• Loan Duration: 12-60 months⌛

Services & Industries

• Finance Types: Asset Finance, Invoice Finance
• Industries: Manufacturing, Retail, Transport

Pros

• Tailored solutions
• Wide range of services

Cons

• Longer processing times

Sources: https://timefinance.com/about-us/

5. Bibby Financial Services

Bibby Financial Services Bibby Financial Services offers specialised financial products mainly focused on invoice financing and asset finance for SMEs. It helps businesses manage cash flow or fund growth through flexible repayment structures. Suitability depends on security requirements. Here's what to know:

Loan Details

• Min Amount: £2,000
• Max Amount: £500,000
• Min APR: 7%
• Max APR: 29%
• Loan Duration: 12-24 months⌛

Services & Industries

• Finance Types: Invoice Finance, Asset Finance
• Industries: Construction, Transport, Professional Services

Pros

• Expert in invoice finance
• Global reach

Cons

• High APR for high-risk sectors

Sources: https://www.bibbyfinancialservices.com/

6. Aldermore

Aldermore Aldermore provides straightforward financial products, including business loans, asset finance, and mortgages tailored to SMEs and individuals. It suits clients seeking quick access and flexible terms. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £50,000,000
• Min APR: 5%
• Max APR: 15%
• Loan Duration: 12-60 months⌛

Services & Industries

• Finance Types: Commercial Mortgages, Asset Finance
• Industries: Property, Transport, Retail

Pros

• No early payment penalties
• Focus on SMEs

Cons

• Stringent credit checks

Sources: https://www.aldermore.co.uk/business-finance/

7. Close Brothers

Close Brothers Close Brothers is a UK merchant bank offering a range of financial services including lending, deposit taking, wealth management, and securities trading. It caters to UK SMEs requiring straightforward borrowing options. Here's what to know:

Loan Details

• Min Amount: £25,000
• Max Amount: £10,000,000
• Min APR: 4%
• Max APR: 10%
• Loan Duration: 12-60 months⌛

Services & Industries

• Finance Types: Asset Finance, Merchant Banking Services
• Industries: Transport, Retail, SMEs

Pros

• Wide range of services
• Competitive rates

Cons

• Higher eligibility requirements

Sources: http://www.closebrothers.com/

8. White Oak

White Oak White Oak UK provides financial solutions for SMEs through loans and asset finance, supporting growth and cash flow management. It is suitable for clients requiring flexible terms and quick approvals. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £2,000,000
• Min APR: 6.95%
• Max APR: 15%
• Loan Duration: 6-60 months⌛

Services & Industries

• Finance Types: Invoice Finance, Asset Finance
• Industries: Construction, Retail, Professional Services

Pros

• Flexible financial products
• Wide range of industries served

Con

• Setup fees for some products

Sources: https://whiteoakuk.com/

9. Funding Circle

Funding Circle Funding Circle is a digital platform offering affordable business loans to UK SMEs. It offers quick, accessible funding through peer-to-peer and traditional lending options. Suitable for businesses seeking speed and transparency. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £750,000
• Min APR: 6.9%
• Max APR: 25%
• Loan Duration: 6-60 months⌛

Services & Industries

• Finance Types: Peer-to-peer Loans, Term Loans
• Industries: Professional Services, Retail, Manufacturing

Pros

• Fast processing
• Transparent fees

Cons

• Limited flexibility in repayments

Sources: https://www.fundingcircle.com/uk/

10. Allica Bank

Allica Bank Allica Bank offers modern banking services tailored for UK SMEs, with options for business loans, asset finance, and specialised banking products. It is suitable for clients seeking flexible, quick access to funding with a range of repayment options. Here's what to know:

Loan Details

• Min Amount: £25,000
• Max Amount: £10,000,000
• Min APR: 6%
• Max APR: 9%
• Loan Duration: 12-240 months⌛

Services & Industries

• Finance Types: Commercial Banking, Asset Finance
• Industries: Financial Services, Retail, Technology

Pros

• Fixed and variable rates
• Tech-driven services

Cons

• New market entrant

Sources: https://www.allica.bank/

How to choose

When selecting a term loan provider for consultancy agencies in the UK in 2025, consider your specific funding needs and borrowing capacity. Bank lenders offer straightforward products and usually require good credit standing. Brokers can help you access a wider range of options, often with more flexible terms. For more sector-specific or tailored solutions, specialist providers like Funding Agent may be suitable. Carefully review interest rates, repayment terms, and eligibility criteria to find the best fit for your purpose and cash flow.

Conclusion

Matching the provider type to your needs is important. Bank lenders tend to suit straightforward borrowing, while brokers can connect you to multiple options quickly. Specialist lenders like Funding Agent focus on tailored solutions for SME and consultancy sectors. Always check the current costs and terms with the provider before committing. Funding Agent is a strong choice for SMEs that want quick comparisons across multiple options. Other providers suit larger amounts, asset-backed needs, or sector specialisms. Always confirm current costs and terms with the lender; pricing may change.