Funding options Alternatives
This guide lists five UK focused alternatives to Funding options, so buyers can compare speed, eligibility, products, and pricing before applying. Data was generated on 2025-11-21T11:00:00Z; always confirm current terms with the provider.
Quick Compare:
1. LendingCrowd
LendingCrowd focuses on peer-to-peer business loans. These are suitable for established SMEs seeking flexible terms and competitive rates. The platform offers adjustable financing options with varying loan durations and risk-based rates that can be brokered for faster access.
Loan and pricing details
- Min amount: £75,000
- Max amount: £500,000
- APR min: 5.95%
- APR max: 12.25%
- Loan durations: 6 months to 5 years
Funding range note: from 75,000 to 500,000 typically
Speed: from 6 months to 5 years
Interest rate notes: Rates vary by credit risk, ranging from 5.95% to 12.25%.
Eligibility
- Min trading months: 24
- Min monthly turnover: Unknown
- Credit flexibility: subject to credit risk band
Personal guarantee: May require personal guarantee based on risk assessment.
Homeowner advantage: Being a homeowner could enhance credit options.
Services and sectors
- Products: term_loan
- Industries: SMEs, Established businesses
Best for
- Established businesses
- SMEs seeking competitive rates
Pros
- Competitive rates
- Flexible terms
Cons
- Requires good credit
- High minimum loan amount
Sources: https://www.lendingcrowd.com/ https://www.alternativebusinessfunding.co.uk/funders/lendingcrowd/
2. Iwoca
Iwoca specialises in fast, flexible financing for small businesses with minimal trading history. These offerings include quick decision loans and flexible repayment options suitable for start-ups or growing companies. The platform provides brokered access to various product types with potential collateral support and competitive rates.
Loan and pricing details
- Min amount: £1,000
- Max amount: £500,000
- APR min: Unknown
- APR max: Unknown
- Loan durations: 1 day to 24 months
Funding range note: 1,000 to 500,000 typically
Speed: Decision within minutes; funding often within 24 hours
Interest rate notes: Interest is risk-based; terms vary widely.
Eligibility
- Min trading months: 6
- Min monthly turnover: £10,000
- Credit flexibility: Flexible credit assessment
Personal guarantee: Commonly required for larger loans.
Homeowner advantage: Homeowner status may influence loan terms.
Services and sectors
- Products: short_term_loan, revenue_based_loan
- Industries: Retail, Hospitality, Services
Best for
- Startups
- Fast funding needs
Pros
- Fast approval
- Flexible terms
Cons
- Higher cost for quick loans
- Potential personal guarantee requirement
Sources: https://www.iwoca.co.uk/finance-options/limited-company-loan https://www.iwoca.co.uk/small-business-loans/short-term-business-loans
3. Nucleus Commercial Finance
Nucleus Commercial Finance offers a range of tailored finance solutions. Its focus includes flexible loans and debt structures for various business needs, often leading to timely approval and customisable terms. Access is available through broker networks and direct applications with a focus on structured offerings.
Loan and pricing details
- Min amount: Unknown
- Max amount: Unknown
- APR min: Unknown
- APR max: Unknown
- Loan durations: Flexible
Funding range note: Unknown
Speed: Usually within a few days subject to due diligence.
Interest rate notes: Rates depend on product and business risk profile.
Eligibility
- Min trading months: 12
- Min monthly turnover: Unknown
- Credit flexibility: Varied according to finance type
Personal guarantee: May be required, subject to risk
Homeowner advantage: Not a significant factor.
Services and sectors
- Products: business_loans, merchant_cash_advance
- Industries: Various
Best for
- Businesses needing tailored finance
- Structured finance solutions
Pros
- Tailored finance products
- Supportive of various business types
Cons
- Might require comprehensive financials
- Longer approval for complex cases
Sources: https://nucleuscommercialfinance.com/types-of-funding/nucleus-business-loans/
4. Capify
Capify specialises in quick, unsecured loans and merchant cash advances. It caters to businesses seeking short-term funding solutions, often with fast approval and flexible repayment options. Its offerings are suitable for those needing swift access without heavy collateral.
Loan and pricing details
- Min amount: £5,000
- Max amount: £1,000,000
- APR min: Unknown
- APR max: Unknown
- Loan durations: 3 months to 5 years
Funding range note: from 5,000 to 1,000,000 typically
Speed: Same-day funding available
Interest rate notes: Higher risk quick loans might have elevated rates.
Eligibility
- Min trading months: Unknown
- Min monthly turnover: Unknown
- Credit flexibility: Flexible, quick assessment
Personal guarantee: Typically unsecured; PG not common.
Homeowner advantage: Not required for loan approval.
Services and sectors
- Products: small_business_loans, merchant_cash_advance
- Industries: Various, Small businesses
Best for
- Short-term business needs
- Unsecured loans
Pros
- Quick funding
- No personal guarantee
Cons
- Potentially high rates
- Short-term focus
Sources: https://www.capify.co.uk/
5. Fleximize
Fleximize offers a range of business loans and invoice financing solutions. Its focus is on growing companies needing adaptable, quick-access funding, with options for flexible repayment periods and collateral choices. The platform connects clients with funders through broker networks or direct application.
Loan and pricing details
- Min amount: Unknown
- Max amount: £500,000
- APR min: Unknown
- APR max: Unknown
- Loan durations: 3 to 60 months
Funding range note: up to 500,000 typically
Speed: Fast decision and funding process
Interest rate notes: Rates adjusted to business and loan type.
Eligibility
- Min trading months: Unknown
- Min monthly turnover: Unknown
- Credit flexibility: Considerate of varied credit situations
Personal guarantee: Often flexible; depends on loan amount.
Homeowner advantage: Minimal impact on terms.
Services and sectors
- Products: business_loans, invoice_finance
- Industries: Various
Best for
- Growing businesses
- Flexible financing needs
Pros
- Flexible solutions
- Personal service
Cons
- May require PG for larger sums
- Not ideal for start-ups
Sources: https://fleximize.com/business-loans/invoice-finance
Final notes
When comparing providers, match loan size, timeline, and sector fit first, then confirm current rates and fees with the finance provider. If one option declines your application, a broker or multi lender panel may still place the deal. Consider whether your needs are best met by a traditional bank, a brokered panel or a specialist provider. Each option offers different advantages depending on your circumstances. For more guidance, visit Funding Agent to compare your best options.
