October 3, 2025
Lists

The Best Unsecured Business loan Lenders for IT support in the UK for 2026

Discover the best unsecured business loan lenders for IT support companies in the UK for 2026. Find easy, flexible finance options to grow your business today.
James Laden
Co-founder and CEO

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 2025-10-03.

Rank Provider Summary Loan range; APR; Term
1Funding AgentFunding Agent provides tailored financing solutions for a wide range of industries, particularly focusing on fast-reliable funding options suitable for startups and growing businesses.£500–£500,000; 6.9%–8.9% APR; 3–72 months
2Nucleus Commercial FinanceNucleus Commercial Finance offers a broad array of funding solutions including unsecured business loans aimed at supporting UK SMEs with innovative financial services since 2011.£10,000–£2,000,000; 5%–18% APR; 12–36 months
3iwocaSpecializes in lending to small and micro businesses across the UK, iwoca provides flexible business loans to meet various needs, focusing on small to medium-sized enterprises (SMEs) for optimal growth.£1,000–£1,000,000; 6%–49% APR; 1–24 months
4BarclaysBarclays offers a range of unsecured business loans suitable for SMEs looking to expand or invest in new technology, providing competitive fixed rates and flexible loan amounts.£1,000–£100,000; 8%–15% APR; 1–5 years
5Lloyds BankWith a strong presence in the UK, Lloyds Bank provides reliable unsecured lending options for SMEs aiming to expand their operations or invest in infrastructure.£1,000–£50,000; 11.2%–15% APR; 1–5 years
6NatWestOffering comprehensive financing solutions, NatWest supports SMEs with a variety of unsecured loan products boasting competitive rates tailored for business growth and sustainability.£1,000–£100,000; 10%–15% APR; 1-7 years
7Virgin StartUpVirgin StartUp provides innovative solutions for budding entrepreneurs in the UK, offering unsecured loans with added benefits such as free mentoring and flexible payment terms.£500–£25,000; 6%–6% APR; 6–60 months
8MAF Finance GroupKnown for their expert team and wide array of lending products, MAF Finance Group provides tailored financial services to fit various SME needs across the UK, from asset financing to property deals.£5,000–£2,000,000; 11.2%–14.9% APR; 1–25 years
9FleximizeFleximize is an award-winning digital lender that caters specifically to the needs of UK SMEs with flexible, unsecured business loan options and attractive loyalty incentives.£5,000–£500,000; 8.9%–25% APR; 3–60 months
10Momenta FinanceMomenta Finance offers speedy access to working capital and unsecured loans, ensuring UK SMEs can manage cash flow efficiently and scale effectively.£5,000–£250,000; 9%–20% APR; 1–24 months

1. Funding Agent

Funding Agent specialises in providing fast, flexible unsecured loans to UK businesses. Its services are suitable for franchise buyers and startups seeking quick access to working capital. The provider focuses on simplified processes and transparent terms, making it well-suited for those with urgent financing needs.

Loan Details

  • Min Amount: £500
  • Max Amount: £500,000
  • Min APR: 6.9%
  • Max APR: 8.9%
  • Loan Duration: 3–72 months⌛

Services & Industries

  • Finance Types: Unsecured Loan, Startup Loan
  • Industries: IT Support, Startups

Pros

  • Competitive rates
  • Quick approval process

Cons

  • Not available for all business types

Sources: https://www.fundingagent.co.uk/post/top-10-unsecured-business-loans-for-startups-in-the-uk

2. Nucleus Commercial Finance

Nucleus Commercial Finance offers a wide range of unsecured business loans in the UK. It caters to SMEs needing quick access to capital for growth, expansion, or working capital. Its offerings often include brokered access, making it adaptable for different financial situations.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £2,000,000
  • Min APR: 5%
  • Max APR: 18%
  • Loan Duration: 12–36 months⌛

Services & Industries

  • Finance Types: Unsecured Loan, Revenue Based Loan
  • Industries: Manufacturing, Retail

Pros

  • Flexible loan solutions
  • Quick funding

Cons

  • Variable APR
  • May require good credit

Sources: https://nucleuscommercialfinance.com

3. iwoca

iwoca provides flexible unsecured loans to UK small and micro businesses. Its focus is on offering quick, accessible funding for growth or operational needs. Suitable for SMEs seeking a simple, fast application process with multiple repayment options.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 6%
  • Max APR: 49%
  • Loan Duration: 1–24 months⌛

Services & Industries

  • Finance Types: Business Loan, Revenue Based Loan
  • Industries: Retail, Services

Pros

  • No early repayment fees
  • Fast decision

Cons

  • High APR for smaller loans

Sources: https://www.iwoca.co.uk/loan-categories/business-loan-interest-rates

4. Barclays

Barclays offers a wide range of unsecured business loans suitable for SMEs including those seeking to expand or invest in technology. Its services often include quick approval and flexible repayment options, making it a practical choice for many businesses.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 8%
  • Max APR: 15%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: Unsecured Loan, Overdraft
  • Industries: Retail, Technology

Pros

  • Flexible terms
  • Established bank

Cons

  • Strict eligibility criteria

Sources: https://www.fundingagent.co.uk/post/top-10-unsecured-business-loans-for-startups-in-the-uk

5. Lloyds Bank

Lloyds Bank offers reliable unsecured lending options focused on supporting SMEs for business growth. Its flexible products often include quick approval processes and range from small to larger loan amounts, suitable for various investment needs.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £50,000
  • Min APR: 11.2%
  • Max APR: 15%
  • Loan Duration: 1–5 years⌛

Services & Industries

  • Finance Types: Business Loan, Expansion Capital
  • Industries: Finance, Industrial

Pros

  • Tailored advice
  • Flexible repayment options

Cons

  • Strict lending criteria

Sources: https://lloydsbank.com/business/business-loans.html

6. NatWest

NatWest offers unsecured loans to UK SMEs focused on supporting business growth. Its flexible funding options include quick decisions for working capital and expansion projects, often with transparent, competitive rates.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £100,000
  • Min APR: 10%
  • Max APR: 15%
  • Loan Duration: 1-7 years⌛

Services & Industries

  • Finance Types: Unsecured Loan, Business Loan
  • Industries: Farming, Healthcare

Pros

  • Flexible terms
  • Well-established

Cons

  • Not all applications accepted

Sources: https://affiliate.nimblefins.co.uk/redirect?link=https%3A%2F%2Fwww.natwest.com%2Fbusiness%2Floans-and-finance%2Fsmall-business-loan.html

7. Virgin StartUp

Virgin StartUp is a provider of unsecured loans aimed at new entrepreneurs and early-stage businesses. Its offerings include fast access to funds, with an emphasis on mentoring and flexible repayment options to support startup growth in the UK.

Loan Details

  • Min Amount: £500
  • Max Amount: £25,000
  • Min APR: 6%
  • Max APR: 6%
  • Loan Duration: 6–60 months⌛

Services & Industries

  • Finance Types: Startup Loan, Growth Capital
  • Industries: Startups, Creative Industries

Pros

  • Mentoring included
  • Fixed rates

Cons

  • For startup-phase only

Sources: https://www.virginstartup.org/start-up-loans/

8. MAF Finance Group

MAF Finance Group is a provider of various tailored lending solutions across the UK. It supports SMEs with diverse needs including asset finance, working capital, and property financing. Known for brokered access and flexible terms, it is suitable for businesses seeking a customised approach.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £2,000,000
  • Min APR: 11.2%
  • Max APR: 14.9%
  • Loan Duration: 1–25 years⌛

Services & Industries

  • Finance Types: Asset Finance, Working Capital
  • Industries: Manufacturing, Construction

Pros

  • Broad product range
  • Expert financial advice

Cons

  • Eligibility requirements

Sources: https://maffinancegroup.co.uk/products/business-loans

9. Fleximize

Fleximize provides flexible unsecured business loans to UK SMEs. Its offerings include quick, accessible funds with options for growth capital and repayment flexibility. It is suited for businesses that need fast decision-making and adaptable terms.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 8.9%
  • Max APR: 25%
  • Loan Duration: 3–60 months⌛

Services & Industries

  • Finance Types: Unsecured Loan, Growth Capital
  • Industries: IT, Retail

Pros

  • No early repayment fees
  • Fast access to funds

Cons

  • Higher rates for riskier businesses

Sources: https://fleximize.com/

10. Momenta Finance

Momenta Finance offers quick access to working capital and unsecured loans suitable for UK SMEs. Its focuses include fast approvals and flexible terms for cash flow management and business growth.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £250,000
  • Min APR: 9%
  • Max APR: 20%
  • Loan Duration: 1–24 months⌛

Services & Industries

  • Finance Types: Unsecured Loan, Merchant Advance
  • Industries: Retail, Hospitality

Pros

  • Fast approvals
  • Flexible options

Cons

  • Higher APRs

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

How to choose

When selecting a lender for unsecured business loans supporting IT support needs in the UK, consider your business size and projected cash flow. Broker-led providers often offer quick access and flexible terms but may have higher fees. Bank lenders tend to provide more stable and transparent working capital options, suitable for larger or established businesses. Evaluate your growth plans, repayment capacity, and the urgency of funding to find the best fit. Clear understanding of eligibility and fees will help secure the right loan quickly and efficiently.

Conclusion

Matching your needs with the right type of lender is key. Banks offer established, often straightforward unsecured loans suitable for stable businesses. Brokers and online lenders provide faster, flexible options ideal for startups or urgent needs. Always compare current costs and terms before applying. 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.

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