The Best Working Capital Loans for IT support CompaniesUK

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 2025-10-07.

1. Funding Agent

Funding Agent Funding Agent specializes in providing tailored financing solutions for IT support companies, ensuring fast approvals and competitive rates. It caters to UK SMEs needing quick access to flexible funding options and often includes unsecured or collateral-backed products. The focus is on fast processing and adaptable repayment terms. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £750,000
• Min APR: 6.9%
• Max APR: 0%
• Loan Duration: Unknown⌛

Services & Industries

• Finance Types: Working Capital Loans, Equipment Financing
• Industries: IT Support

Pros

• Fast decision
• Flexible terms

Cons

• Unknown APR maximum

Sources: https://www.fundingagent.co.uk/financing-options/working-capital-loans-for-it-support-companies

2. Momenta Finance

Momenta Finance Momenta Finance offers personalised business loans for UK SMEs, with options that include secured and unsecured products. It focuses on providing fast and flexible financing for working capital needs and growth. The service is suited for companies requiring quick approval and custom terms. Here's what to know:

Loan Details

• Min Amount: £50,000
• Max Amount: £1,500,000
• Min APR: 7.5%
• Max APR: 0%
• Loan Duration: 6-72 months⌛

Services & Industries

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

Pros

• No personal guarantee required
• Flexible terms

Cons

• Variable starting APR

Sources: https://momentafinance.co.uk/wp-content/uploads/2024/08/Business-Loans-Product-Guide.pdf

3. Capify

Capify Capify provides fast and flexible business loans tailored for UK SMEs and entrepreneurs. It offers quick access to funding with options including secured and unsecured loans, focusing on short-term growth needs. Its products suit those who value speed and adaptable repayment structures. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £3,000,000
• Min APR: 67.89%
• Max APR: 0%
• Loan Duration: Flexible terms⌛

Services & Industries

• Finance Types: Small Business Loans
• Industries: SME Finance

Pros

• Fast funding
• Flexible requirements

Cons

• High APR

Sources: https://www.capify.co.uk/annual-percentage-rate-apr-explained/

4. White Oak UK

White Oak UK White Oak UK provides a range of financial solutions including development loans and invoice finance. The products are suitable for SMEs needing flexible funding for growth or cash flow management. They are often secured or asset-backed, with varied terms tailored to borrower needs. Here's what to know:

Loan Details

• Min Amount: £25,000
• Max Amount: £2,000,000
• Min APR: 6.95%
• Max APR: 0%
• Loan Duration: 3-12 months⌛

Services & Industries

• Finance Types: Development Loans, Invoice Finance
• Industries: Various SMEs

Pros

• Offer for broad purposes

Cons

• Arrangement fee charged

Sources: https://www.capalona.co.uk/our-lenders/white-oak-uk/

5. Fleximize

Fleximize Fleximize offers diverse funding options including flexible loans and credit lines, with quick approvals for UK SMEs. It caters to companies needing adaptable repayment schedules and competitive interest rates. The focus is on providing accessible funding for immediate or growth-related needs. Here's what to know:

Loan Details

• Min Amount: £5,000
• Max Amount: £500,000
• Min APR: 8.9%
• Max APR: 25%
• Loan Duration: 0-60 months⌛

Services & Industries

• Finance Types: Unsecured Loans, Secured Loans
• Industries: SMEs

Pros

• Loyalty pledge for lower rates

Cons

• Short-adjustment periods

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

6. Novuna

Novuna Novuna offers a range of flexible business finance options, including straightforward repayment plans and low-cost facilities. They focus on providing accessible funding for SMEs, with a variety of secured and unsecured products. The service aims to support growth and cash flow management with flexible terms. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £35,000
• Min APR: 6%
• Max APR: 0%
• Loan Duration: 1-5 years⌛

Services & Industries

• Finance Types: Cash Flow Loans, Unsecured Loans
• Industries: Small Businesses

Pros

• Fixed repayment
• No hidden fees

Cons

• Limited loan amounts

Sources: https://www.novuna.co.uk/business-cash-flow/cash-flow-finance-resource-hub/business-cash-flow-loans/

7. Funding Circle

Funding Circle Funding Circle offers a wide range of unsecured business loan products for SMEs with quick approval processes. It facilitates efficient access to finance for various growth and working capital needs. The service suits established SMEs looking for swift, simple borrowing options. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £750,000
• Min APR: 8%
• Max APR: 10%
• Loan Duration: Flexible terms⌛

Services & Industries

• Finance Types: Unsecured Loans
• Industries: SMEs

Pros

• Fast approvals
• Fixed rates

Cons

• Limited APR range

Sources: https://aptpayment.co.uk/business-loans/funding-circle/

8. Boost Capital

Boost Capital Boost Capital provides fast and flexible funding options, primarily through merchant cash advances for small businesses. It offers quick access to working capital with options for unsecured or asset-backed funding sometimes tailored to specific business needs. The service emphasises speed and flexibility for small enterprise growth. Here's what to know:

Loan Details

• Min Amount: £3,000
• Max Amount: £300,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: Unknown⌛

Services & Industries

• Finance Types: Merchant Cash Advance
• Industries: Small Businesses

Pros

• No APR costs
• Flexible amounts

Cons

• No specific APR provided

Sources: https://rosewoodfinance.co.uk/merchant-cash-advance/

9. Swoop Funding

Swoop Funding Swoop Funding operates as a marketplace platform connecting SMEs with various funding options including loans, equity finance, and grants. It provides tailored borrower access to multiple funders with an emphasis on fast, flexible solutions for businesses seeking working capital. Its services are suited for quick comparisons and diverse funding needs. Here's what to know:

Loan Details

• Min Amount: £1,000
• Max Amount: £5,000,000
• Min APR: 4.9%
• Max APR: 15.9%
• Loan Duration: 1 day to 24 months⌛

Services & Industries

• Finance Types: Business Loans, Equity Finance
• Industries: E-commerce

Pros

• Comprehensive platform
• Broad options

Cons

• Wide APR range

Sources: https://www.fundingagent.co.uk/post/best-lenders-for-e-commerce-businesses-uk

10. Portman Finance Group

Portman Finance Group Portman Finance provides a range of business loans including secured and unsecured options. It offers flexible repayment plans tailored to SMEs and larger firms. The provider supports diverse funding needs with quick processing and clear terms. Suitable for businesses seeking straightforward borrowing. Here's what to know:

Loan Details

• Min Amount: £10,000
• Max Amount: £2,000,000
• Min APR: 0%
• Max APR: 0%
• Loan Duration: Up to 6 years⌛

Services & Industries

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

Pros

• Tailored repayment
• High funding limit

Cons

• No specific APR provided

Sources: https://portmanfinancegroup.co.uk/business-loans/

How to choose

Match loan size and APR to your budget, check eligibility, and balance speed against flexibility. Consider how repayments fit your franchise cash flow and seasonality. Review lender criteria, fees, and early repayment terms before applying. For IT support companies in the UK, selecting the right provider involves understanding your funding needs. Decide whether a bank, broker, or specialist lender suits your requirements. The type of lender affects speed, costs, and flexibility. Careful comparison helps ensure your loan supports growth without unnecessary costs.

Conclusion

Matching the right provider depends on your funds and priorities. Banks generally offer quick, straightforward loans for stable businesses. Brokers can access wider ranges and more specialised products. Sector specialists often understand industry needs better. Always compare current terms and costs before choosing. 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.