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). 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.
Founder & Managing Director, Muswell Rose, FundBiz
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind FundBiz. His background runs through commercial finance, mortgages and fintech, including as managing director of an invoice finance business. He oversees FundBiz's specialty finance comparison and the logic behind how businesses are matched to lenders.
Last reviewed: 12 June 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
We weight decision speed (40%), funding speed (25%), eligibility breadth (15%), post-decline acceptance (10%), decline handling (10%). Rankings reflect our published editorial methodology, not any commercial arrangement. See our /methodology/ for the full basis.
Methodology weights
Weights specific to "Fastest UK business loans (same-day funding)":
- Decision speed40%
- Funding speed25%
- Eligibility breadth15%
- Post-decline acceptance10%
- Decline handling10%
Read the full methodology for how we score and rank every lender on the FundBiz panel.
Also considered
- Liberis
- YouLend
- Tide loans
Not for
Borrowers prioritising rate over speed; £500k+ tickets.
Check eligibility in two minutes
Tell us ticket size, trading history and sector. We match you against the FundBiz specialty panel and surface the lenders most likely to approve your file, including post-decline routes. Limited companies, LLPs and partnerships of 4+.
Open the eligibility checker →Reviewed by Oliver Mackman, Director, Best Business Loans Ltd. Last reviewed: 2026-06-12. Editorial by Best Business Loans Ltd (16833937).