Variable rate loan

Tailored to fit

Whether it’s to fund a specific purchase or project, every business needs a loan from time to time. For loan requirements above £250,000, please refer to our Corporate Lending Products.

Credit facilities are subject to status. Maximum 70% loan funding against asset purchase.

  • Apply to borrow between £25,001 and £250,000
  • Repayment period is between 1 and 15 years
  • These loans may be offered on an unsecured or secured basis (there will be additional fees when security is required)
  • Borrowers are required to maintain a current account with the Bank, to fund repayments by standing order
  • The interest rate is based on the prevailing Bank of England base rate, plus the appropriate interest margin which will be determined by the financial status of your business
  • Interest will be charged on a monthly basis
  • Arrangement fees are 1% of the loan amount – minimum of £100
  • Flexible repayment terms which puts you in control