Got Capital vs Propel: Which UK Business Loan Provider in 2026?
Propel edges this matchup in our 2026 UK review, scoring 4.3 of 5 against Got Capital on 4.2. Propel runs a asset finance (hire purchase and lease) at Quoted at offer with decisions in same day to 48 hours; Got Capital runs a revenue-based business funding advance at Factor fee, quoted at offer. That said, the headline rating is not the whole answer: Got Capital beats Propel for sole traders and partnerships needing fast cash. Read the side-by-side, then jump to the "when X wins" sections for the buyer-fit logic.
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: 8 May 2026
Side-by-side
| Got Capital | Propel | |
|---|---|---|
| Product type | Revenue-based business funding advance | Asset finance (hire purchase and lease) |
| Founded | 2014 | 2000 |
| Ticket range | £2k to £300k | £2k to £1m |
| Typical rate | Factor fee, quoted at offer | Quoted at offer |
| Decision time | Same day to 48 hours | Same day to 48 hours |
| Soft search at quote | Yes | No (hard search) |
| Limited companies only | No | No |
| FCA regulated | No | Yes |
| Companies House | 09073214 | 04015132 |
| Best for | Sole traders and partnerships needing fast cash; £5k+ monthly revenue businesses; Recently-trading SMEs (3 months+) | Vendor-introduced asset finance; IT and soft-asset HP; Commercial vehicles and plant up to £1m |
| Overall rating | 4.2 / 5 | 4.3 / 5 |
| Last reviewed | 2026-05-08 | 2026-05-08 |
When Got Capital wins
- Accepts every UK business structure including sole traders.
- No personal guarantee in the standard advance structure.
- Three-month minimum trading bar, useful for newer businesses.
- Strong Trustpilot record vs category peers.
Best for
Sole traders and partnerships needing fast cash, £5k+ monthly revenue businesses, Recently-trading SMEs (3 months+).
Watch outs
- Factor-fee quoting hides effective APR.
- Decisions tied to revenue history, not balance-sheet strength.
- £100k+ advances require 12 months trading.
When Propel wins
- Same-day decisions on the majority of vendor-introduced deals.
- Wide eligibility: small Ltd, sole trader, partnership.
- Vendor finance integration: many sellers offer Propel at point of sale.
- Excellent Trustpilot footprint at scale.
Best for
Vendor-introduced asset finance, IT and soft-asset HP, Commercial vehicles and plant up to £1m.
Watch outs
- No published pricing; APR depends heavily on profile and vendor channel.
- Sub-£2k tickets not entertained.
- Vendor margin can sit on top of the headline rate.
FAQ
Got Capital or Propel: which is the better UK business loan in 2026?
Propel scores higher overall in our 2026 review at 4.3 of 5 versus 4.2 for Got Capital. That said, the right answer depends on what you trade and what you need. Got Capital is the stronger pick for sole traders and partnerships needing fast cash, while Propel is the stronger pick for vendor-introduced asset finance. If your business sits inside one of those use cases, ignore the headline rating and pick for fit.
What rates and ticket bands do Got Capital and Propel offer?
Got Capital runs a revenue-based business funding advance with tickets of £2k to £300k at Factor fee, quoted at offer. Propel runs a asset finance (hire purchase and lease) with tickets of £2k to £1m at Quoted at offer. Decision time on Got Capital is same day to 48 hours; on Propel it is same day to 48 hours. Headline rates rarely match the offered rate, so verify on the lender site before committing, and assume bespoke pricing above £100k where the data allows it.
Eligibility: Got Capital vs Propel, who qualifies?
Got Capital is soft-search at quote stage (no credit-file footprint) and accepts sole traders and partnerships as well as Ltd companies. Propel is hard-search at quote and accepts sole traders and partnerships as well as Ltd companies. Got Capital is not directly FCA regulated; Propel is FCA regulated.
Which is the wrong answer for what?
Got Capital is the wrong answer for borrowers wanting fixed-term predictable apr. Propel is the wrong answer for pure unsecured working capital. If either of those describes your business, look at the side-by-side table for the alternative, or get a quote from our UK lender panel and we will surface the right shortlist.
Can BestBusinessLoans help me choose between Got Capital and Propel?
Yes. Our reviews are editorial; we run a UK lender panel via our /get-quotes/ form that includes both. Tell us monthly turnover, sector and what you need the money for. We match you against the lenders most likely to approve and beat your current cost, then route the application without affecting your credit file at quote stage.
Related
Get matched in two minutes
Tell us monthly turnover and what you need the money for. We match you against a UK lender panel most likely to approve and price competitively. Soft search at quote stage, no impact on your credit file.
Get quotes →Reviewed by Oliver Mackman, Director. Last reviewed: 2026-05-08. Editorial by Best Business Loans Ltd (16833937).