Best Unsecured Commercial Loan Lenders for IT support Companies 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 provides unsecured business loans that assist IT support companies with growth and investment needs. Its lending options are designed for speed and flexibility without collateral requirements. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £750,000
• Min APR: 6%
• Max APR: 30%
• Loan Duration: 3-60 months⌛

Services & Industries

• Finance Types: Unsecured Business Loan
• Industries: IT Support

Pros

• Fast approval
• No collateral needed

Cons

• Higher APR for short-term loans

Sources: https://www.fundingagent.co.uk/post/best-unsecured-business-loan-lenders-for-it-support-uk

2. Barclays

Barclays Barclays offers unsecured business loans suitable for SMEs with competitive rates. Its loan products support a range of business needs, including quick access to funding. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £3,000,000
• Min APR: 11.2%
• Max APR: 14.9%
• Loan Duration: 1-25 years⌛

Services & Industries

• Finance Types: Unsecured Business Loan, Secured Business Loan, Business Mortgages
• Industries: IT Support, Technology

Pros

• Fixed or variable rates
• No early repayment fees

Cons

• Higher interest rates on smaller loans

Sources: https://www.barclays.co.uk/business-banking/borrow/loans/

3. Funding Circle

Funding Circle Funding Circle offers fast and accessible unsecured loans suited for SMEs. Its lending process is streamlined for quick decisions, with options flexible enough for different growth stages. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £750,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: 6-12 months⌛

Services & Industries

• Finance Types: Unsecured Term Loan
• Industries: IT Support, General SMEs

Pros

• Quick decision making
• Peer-to-peer lending benefits

Cons

• Shorter loan durations

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

4. Nucleus Commercial Finance

Nucleus Commercial Finance Nucleus Commercial Finance offers customised lending products for SMEs, including unsecured options. It supports growth and cash flow needs with flexible funding solutions, often brokered through intermediaries. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £500,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: 6-60 months⌛

Services & Industries

• Finance Types: Business Loan, Invoice Finance, Asset Based Lending
• Industries: IT Support, Various SMEs

Pros

• Flexible finance options
• Supports UK businesses

Cons

• Interest rates can be high

Sources: https://nucleuscommercialfinance.com/

5. Iwoca

Iwoca Iwoca specialises in flexible funding options such as lines of credit and short-term loans for small businesses, including IT sectors. Its service is aimed at businesses needing quick approval and adaptable repayment terms. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £1,000,000
• Min APR: 35%
• Max APR: 49%
• Loan Duration: 1-60 months⌛

Services & Industries

• Finance Types: Credit Line, Unsecured Business Loan
• Industries: IT Support, Retail

Pros

• No hidden fees or charges
• Quick funding decisions

Cons

• High APR
• Limited loan durations

Sources: https://www.iwoca.co.uk/faq

6. Lending Crowd

Lending Crowd Lending Crowd facilitates peer-to-peer lending for SMEs needing unsecured finance quickly. Its platform supports flexible repayment options and speed for businesses like IT support. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £350,000
• Min APR: 5%
• Max APR: 15%
• Loan Duration: 6-60 months⌛

Services & Industries

• Finance Types: Peer-to-Peer Lending, Unsecured Loan
• Industries: IT Support, Various SMEs

Pros

• Innovative financing solutions
• No early repayment fees

Cons

• Must have been trading for 2 years
• Turnover requirements

Sources: https://www.lendingcrowd.com/

7. Momenta Finance

Momenta Finance Momenta Finance offers unsecured and bridging loans, suited for SMEs in need of flexible and quick funding. Its products support growth and working capital, often brokered through intermediaries. Here's what to know:

Loan Details

• Min Amount: £50,000
• Max Amount: £350,000
• Min APR: 7.5%
• Max APR: 0%
• Loan Duration: 6-72 months⌛

Services & Industries

• Finance Types: Unsecured Business Loan, Bridging Loan
• Industries: IT Support, Property Development

Pros

• Wide range of loan terms
• No collateral required

Cons

• Variable interest rates

Sources: https://momentafinance.co.uk/

8. Fleximize

Fleximize Fleximize provides unsecured business loans for UK SMEs, with options supporting various funding needs. Its offering is suited for businesses seeking rapid and flexible funding solutions. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £250,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: Flexible⌛

Services & Industries

• Finance Types: Unsecured Business Loan
• Industries: Various

Pros

• Award-winning service
• Rapid online approval

Cons

• Higher cost than traditional banks

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

9. Clifton Private Finance

Clifton Private Finance Clifton Private Finance arranges unsecured business loans suitable for UK SMEs, often through brokers, with options for flexible terms. Its services support business growth and refinancing needs where unsecured funding is preferred. Here's what to know:

Loan Details

• Min Amount: £20,000
• Max Amount: £250,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: Flexible⌛

Services & Industries

• Finance Types: Unsecured Business Loan
• Industries: IT Support, Various SMEs

Pros

• Good broker support services
• Tailored finance options

Cons

• Broker fees apply

Sources: https://www.cliftonpf.co.uk/unsecured-business-loans/

10. NatWest

NatWest NatWest offers a range of business loans suitable for UK IT support companies. It supports its clients with different lending options, often brokered for ease of access. Here's what to know:

Loan Details

• Min Amount: £15,000
• Max Amount: £250,000
• Min APR: 12.24%
• Max APR: 0%
• Loan Duration: 12-60 months⌛

Services & Industries

• Industries: IT Support, General SMEs

Pros

• Reputable financial institution
• Wide range of business services

Cons

• Higher APR on smaller loans

Sources: https://www.iwoca.co.uk/lenders/natwest-business-loan

How to choose

Matching the right provider to your needs involves assessing the purpose, size, and security of the loan. Banks often offer quick and straightforward unsecured options for smaller amounts. Brokers can provide access to a wider range of unsecured and secured products, often tailored for specific sectors like IT support. Consider the speed of decision-making and the flexibility of repayment terms. Review fees, early repayment options and eligibility criteria to ensure the best fit for your business in 2025. Comparing options carefully helps align funding with your growth plans and cash flow requirements.

Conclusion

Matching your lender to your purpose involves considering whether you need a bank, broker, or specialist lender. Banks might be suitable for straightforward, larger loans, while brokers can access more flexible and unsecured options. Sector-specific or quick-access lenders like Funding Agent can streamline the process. Always verify current costs and terms before committing. Funding Agent is a strong choice for rapid comparisons across multiple options. Each provider has strengths suitable for different growth stages and financial needs in the UK in 2025.