Best Unsecured Business Loan Lenders for the Construction 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 2026-04-02.
Funding Agent provides a platform to compare unsecured business loan options rapidly for UK SMEs. It is often suitable for businesses seeking straightforward finance with transparent eligibility requirements. Their service focuses on quick application processing, and funding options that usually require no collateral, offering flexibility in repayment terms.
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
Barclays offers a broad range of unsecured and secured business lending products, designed for established UK businesses, including those in construction. It is suitable for borrowers looking for bank-backed finance with potentially stricter eligibility criteria. The provider focuses on longer-term loans and various repayment options with security requirements depending on the product.
Loan Details
- Min Amount: £1,000
- Max Amount: £100,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 to 10 years ⌛
Services & Industries
- Finance Types: Unsecured Business Loans, Secured Loans, Overdrafts
- Industries: Various
Pros
- Reputable
- Wide range of products
Cons
- Strict eligibility criteria
Iwoca specialises in providing flexible unsecured business loans for a wide range of UK business types, including those needing short-term working capital. It is generally suitable for businesses that require quick access to funds with adaptable repayment schedules. Their offerings are known for speed and ease of application, often without requiring collateral.
Loan Details
- Min Amount: £1,000
- Max Amount: £1,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 day to 24 months ⌛
Services & Industries
- Finance Types: Unsecured Business Loans
- Industries: Various
Pros
- Fast approval
- Flexible repayment
Fleximize offers various loans for SMEs that value personalised service and flexible arrangements. It typically suits borrowers who need adaptable payment terms and a mix of secured and unsecured lending options. The provider aims to facilitate funding efficiently while accommodating specific business requirements.
Loan Details
- Min Amount: £5,000
- Max Amount: £500,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 3 to 48 months ⌛
Services & Industries
- Finance Types: Unsecured Business Loans, Secured Loans
- Industries: Various
Pros
- Flexible terms
- No early repayment fees
Cons
- Higher rates for unsecured loans
Portman Finance Group specialises in tailored and sizeable unsecured business loans, suited to construction firms and other SMEs. Their loans are designed for clients who prioritise competitive pricing and flexible tenure options. Funding is often delivered quickly, with a focus on meeting distinctive business needs including asset finance.
Loan Details
- Min Amount: £0
- Max Amount: £2,000,000
- Min APR: 6.9%
- Max APR: 7.2%
- Loan Duration: 6 months to 5 years ⌛
Services & Industries
- Finance Types: Unsecured Business Loans, Asset Finance
- Industries: Construction, Various
Pros
- Large loan amounts
- Competitive rates
Shawbrook offers bespoke loan solutions focused on SME growth, with options for both secured and unsecured lending. Its services are suitable for construction and other growth-oriented SMEs that can meet lending criteria. Repayment plans and collateral terms vary, reflecting the tailored nature of their finance products.
Loan Details
- Min Amount: £25,000
- Max Amount: £350,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 to 5 years ⌛
Services & Industries
- Finance Types: Unsecured Business Loans, Secured Loans
- Industries: Various
Pros
- Tailored solutions
- Higher borrowing limits
Nucleus Commercial Finance presents a selection of commercial finance solutions including unsecured and asset-backed loans. It is suited for diverse UK SMEs looking for flexible lending options. Some products may require security while others offer unsecured access, with eligibility criteria influencing the available options.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Unsecured Business Loans, Asset Finance
- Industries: Various
Lloyds Bank supplies a broad portfolio of unsecured business loans designed to support business growth and innovation across industries. These loans often cater to larger enterprises or SMEs with robust banking relationships. Eligibility and lending criteria are defined by the bank, with focus on flexible repayment and competitive terms.
Loan Details
- Min Amount: £0
- Max Amount: £100,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 10 years ⌛
Services & Industries
- Finance Types: Unsecured Business Loans
- Industries: Various
Cons
- Strict eligibility requirements
Capify provides small business loans and merchant cash advances, often suitable for UK construction firms requiring flexible finance solutions. The provider focuses on quick access to funds with flexible repayments and approval processes. Their services are versatile for businesses needing short to medium-term financing without fixed collateral.
Loan Details
- Min Amount: £5,000
- Max Amount: £1,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Flexible ⌛
Services & Industries
- Finance Types: Unsecured Business Loans, Merchant Cash Advances
- Industries: Various
Pros
- Quick funding
- Flexible use
Cons
- Higher fees for short terms
Swoop serves as a broker platform helping UK SMEs access a broad spectrum of unsecured business loans. It suits businesses in construction seeking diverse finance options and tailored lending solutions. Their approach offers broad lender access, often with varied eligibility and terms, allowing clients to compare and select the best match.
Loan Details
- Min Amount: £0
- Max Amount: £5,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Unsecured Business Loans
- Industries: Various
Pros
- Wide access to finance options
How to choose
For the construction industry, consider lenders that offer unsecured loans without property security and with flexible repayment options aligned to project cash flows. Match loan sizes and APRs to your budget while checking eligibility carefully, especially collateral needs. Speed of funding is important for timely project work, but balance this with loan flexibility and long-term cost. Understand fees, early repayment conditions, and whether loans include fixed or variable interest rates. Using a broker platform may widen choice but can add complexity. Choose based on your specific business size and financing needs within construction.
Conclusion
Choosing the right lender depends on your business profile and finance needs. Banks deliver reliable products but often demand strict eligibility and collateral. Brokers offer broad access but may involve complex processes. Specialist lenders tailor loans for SMEs, sometimes with quick access and flexible terms. Funding Agent remains a useful starting point to compare unsecured loan options around 200 thousand pounds loan size for construction businesses. Always verify current terms and ensure the choice aligns with your cash flow and growth plans.