Head to head
Capital on Tap vs Propel: Which UK Business Finance Provider in 2026?
Side by side: what each lender offers UK limited companies and LLPs, and what each one publishes.
Free · 2 mins
Start here · What do you need?
What Capital on Tap offers: business credit card with revolving credit line. Ticket range: up to £250k credit limit (its own figure). Rate: from 13.86% APR (variable); no interest on card spend if the balance is cleared in full. What Propel offers: asset finance (hire purchase and lease). Ticket range: from £500 to facilities over £1m (its own figures). Capital on Tap suits cash-flow cards on monthly cycle. Propel suits vendor-introduced asset finance. The table below compares ticket range.
Source: FundBiz methodology.
Capital on Tap, at a glance
- Product
- Business credit card with revolving credit line
- FundBiz editorial view
- Best for cash-flow cards on monthly cycle
Propel, at a glance
- Product
- Asset finance (hire purchase and lease)
- FundBiz editorial view
- Best for vendor-introduced asset finance
Side-by-side
Full profiles: Capital on Tap · Propel
| Compared on | Capital on Tap | Propel |
|---|---|---|
| Product type | Business credit card with revolving credit line | Asset finance (hire purchase and lease) |
| Ticket range | Up to £250k credit limit (its own figure) | From £500 to facilities over £1m (its own figures) |
| Typical rate | From 13.86% APR (variable); no interest on card spend if the balance is cleared in full | Quoted at offer |
| Decision time | Decision in 2 minutes (Capital on Tap's own figure) | Not published |
| Lender's own soft search at quote | Yes, says the lender | Not published |
Sources: Capital on Tap's own site · Propel's own site. Figures change; confirm with the lender before you rely on one.
FundBiz enquiries are for limited companies, LLPs and partnerships with four or more partners. Some lenders on this page also accept other business types; we do not arrange those and do not recommend a lender on that basis.
When Capital on Tap may fit
- Applying won't affect your credit score and the decision comes back in minutes, per Capital on Tap's own site (checked 23 September 2026).
- No interest if statement balance is cleared in full each month.
- Unlimited 1% cashback on card spend, redeemable for cash, Avios, gift cards or against the balance (Capital on Tap's published terms).
Best for
Cash-flow cards on monthly cycle, Borrowers wanting a quick decision (it says 2 minutes).
Watch outs
- Cash-advance APR materially higher than card-spend APR; using it as cash erodes the maths.
- Personal guarantee required from a director.
- Credit limit can be reset down without warning if account behaviour changes.
Lender figures and criteria: Capital on Tap's own site; full notes in our Capital on Tap review.
When Propel may fit
- Can finance technology equipment from £500 upwards through its technology partners, according to its own FAQ.
- Vendor finance integration: many sellers offer Propel at point of sale.
- Publishes its customer satisfaction score (9.7 out of 10 when checked in September 2026) on its own site.
Best for
Vendor-introduced asset finance, IT and soft-asset HP, Commercial vehicles and plant.
Watch outs
- No published pricing; APR depends heavily on profile and vendor channel.
- No published decision time.
- Vendor margin can sit on top of the headline rate.
Lender figures and criteria: Propel's own site; full notes in our Propel review.
FAQ
Capital on Tap or Propel: which is the better UK business finance provider in 2026?
Neither is better for every business. The 'When Capital on Tap may fit' and 'When Propel may fit' sections above say who each one suits, and the side-by-side table shows what each lender publishes. Check each lender's own criteria before you apply.
Which is weakest for what?
Capital on Tap is a poor fit for long-tenor capex finance. Propel is a poor fit for pure unsecured working capital. If either of those describes your business, look at the side-by-side table for the alternative, or read our other lender reviews.
Can FundBiz help with Capital on Tap or Propel?
FundBiz is not a lender and is independent of both. This comparison and our lender reviews are editorial research to help you decide which to approach. If you send an enquiry and ask for funding options, we may pass your details to one of the finance partners we work with, and that can include a lender reviewed on this site.
Who can send an enquiry through FundBiz?
The FundBiz enquiry form is for limited companies, LLPs and partnerships with four or more partners. Eligibility for Capital on Tap and Propel is set by each lender, and trading history requirements vary, so check each lender's own criteria.
How we ranked these lenders
Every lender is scored on the same four FundBiz criteria: pricing transparency, eligibility clarity, decision speed and treatment of declined applicants. Scores are our own desk-research assessment built from the FCA Register, Companies House filings and each lender's published product sheets, not customer reviews and not hands-on product testing. Each comparison shows the date it was last updated. Inclusion is never paid for. We may be paid by the finance partners we introduce you to. This could be a fixed fee or commission, depending on the partner and the finance arranged. It does not change what you pay. See our full methodology.
Send an enquiry
Tell us what you need in 2 minutes. FundBiz is not a lender and does not run a credit check. It's free and there's no obligation. For limited companies, LLPs and partnerships with four or more partners.
Send an enquiry →FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.
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 guides and lender reviews.
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