After a little thinking, there is a strikingly simple proof, running as follows.
Dividing through both sides of the inequality by by $a^{n-K}$, we see that the larger is $a$, the stronger the estimate is. Thus, the general case will follow from that where $K=n/(a+1)$. For brevity we write $p:=K/n$ and $q:=1-p$, so that $a=q/p$ and $a+1=p^{-1}$. The inequality in question can now be re-written as $$ \sum_{j=0}^K \binom nj a^{n-j} \le a^{qn} e^{nH(p)}. $$ Since the left-hand side does not exceed $(a+1)^n=p^{-n}$, it suffices to show that $$ p^{-n} \le a^{qn} e^{nH(p)}; $$ that is, $$ p^{-n} a^{-qn} \le e^{nH(p)}. $$ However, the left-hand side is equal to $$ p^{-n} (q/p)^{-qn} = p^{-pn} q^{-qn} = e^{nH(p)}, $$ which completes the proof.
Although the proof is almost vacuous, the inequality is surprisingly sharp: numerical computations suggest that the right-hand side is always at most twice larger than the left-hand side.

