Top Term Loan Lenders for Accountancy Firms 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 is a leading finance company offering tailored business loans for UK accountancy firms with a focus on quick approval and competitive interest rates. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £5,000
- Max Amount: £250,000
- Min APR: 4%
- Max APR: 15%
- Loan Duration: 1-7 years⌛
Services & Industries
- Finance Types: Term Loans, Unsecured Loans
- Industries: Accountancy, Professional Services
Pros
- Quick approval process
- Competitive interest rates
Cons
- Strict eligibility criteria
Sources: https://www.fundingagent.co.uk/post/top-business-loan-options-for-accountancy-firms-uk
2. HSBC
HSBC HSBC provides a variety of business loans suitable for small to medium-sized firms. They offer options that can be secured or unsecured, with flexibility in repayment structures. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000
- Min APR: 5.8%
- Max APR: 12%
- Loan Duration: 1-10 years⌛
Services & Industries
- Finance Types: Term Loans, SME Loans
- Industries: Accountancy, Finance, Retail
Pros
- Flexible loan terms
- No early repayment fees
Cons
- Higher APR for small amounts
Sources: https://www.cliftonpf.co.uk/business-loans/hsbc-business-loans/
3. Lloyds Bank
Lloyds Bank Lloyds Bank offers various business finance products, including loans that can be secured or unsecured. They focus on helping businesses with fast decision processes and flexible repayment options. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £1,000
- Max Amount: £50,000
- Min APR: 6%
- Max APR: 11.2%
- Loan Duration: 1-5 years⌛
Services & Industries
- Finance Types: Term Loans, Business Overdrafts
- Industries: Professional Services, Finance
Pros
- Competitive fixed rates
- Wide accessibility
Cons
- Requires strong credit score
Sources: https://lloydstsb.co.uk/business/business-loans.html
4. NatWest
NatWest NatWest offers flexible lending options suited for small businesses. Their services include fixed rate loans and overdrafts that can be used for various operational needs. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
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: Term Loans, Overdrafts
- Industries: Business Services, Finance
Pros
- No early repayment fees
- Flexible repayment terms
Cons
- Higher interest rates
5. Barclays
Barclays Barclays provides a variety of business loans, which can be secured or unsecured, with flexible repayment options. They serve businesses needing different financing structures and terms. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £1,000
- Max Amount: £10,000
- Min APR: 11.2%
- Max APR: 14.9%
- Loan Duration: 1-25 years⌛
Services & Industries
- Finance Types: Secured Loans, Unsecured Loans
- Industries: Retail, Accountancy
Pros
- No early repayment fees
- Flexible terms
Cons
- High APR for smaller loans
Sources: https://www.barclays.co.uk/business-banking/borrow/loans/
6. Funding Circle
Funding Circle Funding Circle specializes in providing fast, affordable finance solutions for small businesses through peer-to-peer lending in the UK. They offer a range of products suited for different needs. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £10,000
- Max Amount: £750,000
- Min APR: 6.9%
- Max APR: 11%
- Loan Duration: 6 months - 6 years⌛
Services & Industries
- Finance Types: Peer-to-Peer Loans, Term Loans
- Industries: Professional Services, Retail
Pros
- Quick decision times
- No hidden fees
Cons
- High fees for lower credit grades
Sources: https://www.fundingcircle.co.uk/
7. RBS
RBS RBS offers flexible and comprehensive business funding solutions including small business loans and overdrafts. They provide options that can be tailored for various needs. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £1,000
- Max Amount: £1,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1-25 years⌛
Services & Industries
- Finance Types: Term Loans, Overdrafts
- Industries: Finance, Professional Services
Pros
- Comprehensive loan options
- Top-up facilities available
Cons
- Variable APR based on risk
Sources: https://www.rbs.co.uk/business/loans-and-finance.html
8. Simply Business
Simply Business Simply Business offers specialised insurance and finance products tailored to UK SMEs. They facilitate access to appropriate funding for operational needs. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £5,000
- Max Amount: £25,000
- Min APR: 11.8%
- Max APR: 15%
- Loan Duration: 1-5 years⌛
Services & Industries
- Finance Types: Short-Term Loans, Insurance-Linked Loans
- Industries: SMEs, Professional Services
Pros
- Quick application process
- Flexible terms
Cons
- Higher minimum loan amount
Sources: https://www.simplybusiness.co.uk/knowledge/funding/best-small-business-loans/
9. Performance Finance
Performance Finance Performance Finance offers specialised funding solutions primarily for professional sectors. They provide financing options that are accessible for firms needing flexible terms or quick decisions. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 7 years⌛
Services & Industries
- Finance Types: Equipment Loans, Unsecured Business Loans
- Industries: Accountancy, Professional Services
Pros
- Tailored financial solutions
- Fast approval
Cons
- Limited public APR information
Sources: https://www.performancefinance.co.uk/professions-funding/
10. Rangewell
Rangewell Rangewell functions as a business finance broker, connecting UK firms with a wide lender network and diverse financial products. It facilitates access to different funding sources and options. It suits UK SMEs seeking clear options and predictable terms. Here's what to know:
Loan Details
- Min Amount: £50,000
- Max Amount: £500,000
- Min APR: 4.9%
- Max APR: 19.9%
- Loan Duration: 6 months - 5 years⌛
Services & Industries
- Finance Types: Brokerage Services, Term Loans
- Industries: Finance, Professional Services
Pros
- Wide network of lenders
- Comprehensive mapping of finance products
Cons
- Requires established business profile
Sources: http://www.rangewell.co.uk/
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. When selecting a provider, consider whether a bank, broker, or specialist lender best suits your needs. Banks may offer more stability and straightforward terms, while brokers can provide access to diverse products. Specialist lenders often focus on sector-specific finance, such as professional services or asset-backed loans. Align your choice with your business requirements and financial situation to get the best fit.
Conclusion
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.
