Provider Rankings
Best Business Funding Providers UK 2025
Top 10 UK business funding providers ranked by rates, speed, approval rates, and customer reviews. Updated October 2025 with real costs and comparisons.
Top 10
Providers ranked
1.08x
Best rate
24hr
Fastest approval
80%+
Approval rate
Top 3 Winners 2025
#1: iwoca
Best rates (1.08x), lowest minimum (£3k), 4.7/5 rating
#2: YouLend
Best for e-commerce, Shopify/Amazon integration, 4.3/5
#3: 365 Finance
Best for hospitality, same-day approval, 4.5/5
Top 5 Business Funding Providers Ranked
1
iwoca - Best Overall
4.7/5(3,250+ reviews)
Key Stats:
• Amount: £1k-£500k
• Rate: 1.08-1.25x (Best in UK)
• Min Revenue: £3k/month (Lowest)
• Approval: 24 hours
Best For:
Small businesses (£3k+ revenue), retail, e-commerce, want best rates
2
YouLend - Best for E-commerce
4.3/5(1,240+ reviews)
Key Stats:
• Amount: £5k-£500k
• Rate: 1.10-1.35x
• Min Revenue: £8k/month
• Approval: 24-48 hours
Best For:
E-commerce, Shopify/Amazon integration, online sellers
3
365 Finance - Best for Hospitality
4.5/5(890+ reviews)
Key Stats:
• Amount: £3k-£250k
• Rate: 1.25-1.40x
• Min Revenue: £10k/month
• Approval: Same-day possible
Best For:
Hospitality (restaurants, pubs, hotels), seasonal businesses
4
Funding Circle - Cheapest Option
4.2/5(6,500+ reviews)
Key Stats:
• Amount: £10k-£500k
• Rate: 6.9-18% APR (Cheapest)
• Min Revenue: £10k/month
• Approval: 5-7 days
Best For:
Want lowest cost, can wait, good credit
5
Capify - For Larger Amounts
4.1/5(1,100+ reviews)
Key Stats:
• Amount: £10k-£500k
• Rate: 1.20-1.45x
• Min Revenue: £15k/month
• Approval: 24-48 hours
Best For:
Large amounts (£100k+), others decline
6-10. Other Notable Providers
6
Fleximize
Unsecured business loans, 9-25% APR, fixed-rate term loans
7
Kriya (Invoice Finance)
For B2B businesses - 2-5% monthly cost, much cheaper than MCAs
8
Lendified
Smaller amounts (£1k-£100k), factor rates 1.12-1.30x
9
Liberis
Point-of-sale integration, 1.15-1.35x factor rates
10
Nucleus Commercial Finance
Asset-backed lending, lower rates but requires collateral
Comparison Table: Top 5 Providers
| Rank | Provider | Factor/APR | Min Revenue | Best For | Rating |
|---|---|---|---|---|---|
| 1 | iwoca | 1.08-1.25x ✓ | £3k ✓ | Best value | ⭐ 4.7 |
| 2 | YouLend | 1.10-1.35x | £8k | E-commerce | ⭐ 4.3 |
| 3 | 365 Finance | 1.15-1.40x | £10k | Hospitality | ⭐ 4.5 |
| 4 | Funding Circle | 6.9%+ APR ✓ | £10k | Cheapest | ⭐ 4.2 |
| 5 | Capify | 1.20-1.45x | £15k | Large amounts | ⭐ 4.1 |
How We Ranked These Providers
Our ranking considers 6 factors:
Factor rates
(40%)
Lower = better
Approval rate
(20%)
Higher = more businesses get funded
Speed
(15%)
Faster decisions and funding
Customer reviews
(15%)
Trustpilot ratings and volume
Minimum requirements
(5%)
Lower minimums = more accessible
Transparency
(5%)
Clear pricing, no hidden fees
Frequently Asked Questions
Which provider has the best rates?
iwoca has the lowest factor rates starting at 1.08x. For a £50k advance, iwoca rate of 1.15x costs £7,500 total vs YouLend rate of 1.25x costing £12,500 - a £5,000 saving.
Which is fastest?
365 Finance offers same-day approval (2-4 hours possible). YouLend and iwoca typically take 24 hours. Funding Circle takes 5-7 days but offers cheaper rates.
Which does not require personal guarantee?
YouLend (usually not required) and iwoca (not required under £50k) are best for avoiding personal guarantees. 365 Finance and Capify typically require PG for larger amounts.
Can I apply to multiple providers?
Yes - and you should. Applying to 3-4 providers shows you all available rates. We recommend using a comparison service that submits to multiple providers simultaneously, so you get competing offers without multiple applications.
Bottom Line
Best provider depends on your business:
E-commerce
→ YouLend
Hospitality
→ 365 Finance
Small business/best rates
→ iwoca
Want cheapest
→ Funding Circle
Need large amount
→ Capify
Always compare 3-4 providers. Factor rate differences of 0.10-0.20x translate to £5,000-£10,000 savings on typical £50k advances.
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