Fastest UK business loans (same-day funding)
The fastest UK business loans for same-day funding are iwoca (flexi-loan), Capify (merchant cash advance) and 365 Business Finance (MCA), all FCA regulated. iwoca and Capify can decide and fund the same day for accepted applicants; 365 typically funds within 24 to 48 hours. Speed is paid for in rate: same-day MCA and flexi-loan products price at effective APRs above 30%, well above the 8% to 15% range mainstream term loans achieve. Weighted on decision speed and funding speed.
Director, BestBusinessLoans
Oliver leads BestBusinessLoans's editorial reviews and methodology. With a background in UK commercial finance, he oversees lender research, rate verification and review independence.
Last reviewed: 26 April 2026
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Flexi-loan / line of credit · £1k to £500k · Same day to 24 hours
Same-day decision and same-day funding for many flexi-loan applicants.
Read full iwoca review → -
Merchant cash advance + term loan · £3.5k to £500k · Same day
Same-day MCA decisions; funding within 24 hours.
Read full Capify review → -
Merchant cash advance · £10k to £500k · 24 to 48 hours
24 to 48 hours from application to funded.
Read full 365 Business Finance review → -
Term loan · £10k to £500k · 1 to 3 business days
1 to 3 day decisions; funding shortly after.
Read full Funding Circle review → -
SME term loan + commercial mortgage · £150k to £5m · 5 to 10 business days
Slower at 5 to 10 days, but the only top-3 ticket-size winner that fits the same listicle.
Read full Allica Bank review →
Side-by-side comparison
| Lender | Typical rate | Ticket | Decision | Best for |
|---|---|---|---|---|
| iwoca | From 2% per month | £1k to £500k | Same day to 24 hours | Same-day decision and same-day funding for many flexi-loan applicants. |
| Capify | Factor rate 1.15 to 1.45 | £3.5k to £500k | Same day | Same-day MCA decisions; funding within 24 hours. |
| 365 Business Finance | Factor rate 1.10 to 1.40 | £10k to £500k | 24 to 48 hours | 24 to 48 hours from application to funded. |
| Funding Circle | 6.9% to 26.9% APR | £10k to £500k | 1 to 3 business days | 1 to 3 day decisions; funding shortly after. |
| Allica Bank | From 7.99% APR | £150k to £5m | 5 to 10 business days | Slower at 5 to 10 days, but the only top-3 ticket-size winner that fits the same... |
What is the fastest UK business loan for same-day funding?
iwoca, Capify and 365 Business Finance offer same-day decisions. iwoca and Capify can fund the same day on accepted applications; 365 typically funds within 24 to 48 hours.
How quickly can a UK business loan be funded?
Same-day for MCA and flexi-loan products against card flow or invoice history. One to three working days for mainstream term loans. Five to ten days for PRA-regulated banks. Two to six weeks for asset finance and commercial mortgages.
What documents speed up a UK business loan decision?
Three to six months of business bank statements, latest filed accounts, a director ID document and a current management P&L. With these ready, decision time falls to the lender minimum.
Does fast UK business funding cost more?
Yes. Same-day MCA and flexi-loan products typically price at an effective APR above 30%, well above the 8% to 15% range mainstream term loans achieve over a longer decision cycle. Speed is paid for in rate.
Which UK lender funds fastest for £100k+ tickets?
iwoca on flexi-loan can reach £150k same-day for established applicants. Above that, expect a multi-day decision cycle even with the fastest lenders. OakNorth bespoke deals at £500k+ run on a 1 to 3 week minimum.
How we ranked these
Weighted on decision speed (40%), funding speed (25%), eligibility clarity (15%), Trustpilot record (10%), decline handling (10%).
Methodology weights
Weights specific to "Fastest UK business loans (same-day funding)":
- Decision speed40%
- Funding speed25%
- Eligibility clarity15%
- Trustpilot record10%
- Decline handling10%
Full methodology.
Also considered
- Liberis
- YouLend
- Tide loans (Funding Options stack)
Not for
Borrowers prioritising rate over speed; £500k+ tickets.
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Open our /get-quotes/ form →Reviewed by Oliver Mackman, Director. Last reviewed: 2026-04-26.