Bank of England Base Rate change
On 1 August 2024, the Bank of England Base Rate decreased from 5.25% to 5.00%.
Lending
Whether you need cash flow management for everyday spending or a loan to help your business take the next step; we are here to help.
These products are subject to status. This means we’ll complete credit checks and an assessment of your financial circumstances. Eligibility and T&Cs apply.
Cash flow management
These products are designed to support your business’ cash flow and give you management tools for your everyday spending.
Business Credit card
Spread the cost of purchases over time
Business Charge card
Manage your everyday expenses with a flexible cash flow
Business Overdraft
Optimise cash flow and borrow money short term
Business growth loans
Whatever stage you are in, our loans can support you in securing an asset purchase, your next commercial premises or even help you achieve your ESG (environmental, social, governance) goals.
Charity and Co-operative lending fund
£30m loan funding in 2024 to support community groups
Commercial Mortgage
Get support if you’re planning to grow your business or purchase your first commercial premises
Renewable energy funding scheme
Improve your business’ green credentials
Variable rate loan
Benefit from flexible repayment terms to suit your business needs
Fixed Rate Loan
Be reassured by having a fixed rate of interest on your loan
How we support your business
Financial support
We understand that there are challenges in running a business and we are here to help you find the support you need.
Coronavirus information
For guidance on the now closed financial support schemes that were made available during the pandemic, please visit our coronavirus page.
Business Exchange
For helpful tips and guides on running and protecting your business, our marketplace for support offers you free access to valuable tools.
We are the original ethical bank
Guided by our unique, customer-led Ethical Policy, we’ve been committed to our co-operative values and ethics since The Co-operative Bank was established back in 1872.
In 2022, we refreshed our Ethical Policy to focus on what we do for our planet, people, and the community. This includes our commitments to reduce global climate change, fight social injustice and only work with businesses that share our values.
Standards of Lending Practice
The Co-operative Bank is one of the registered firms to subscribe to the Standards of Lending Practice which set the benchmark for good lending practices in the UK. The Standards outline the way registered firms are expected to deal with their customers throughout the entire product life cycle.
For more information on the The Standards of Lending Practice please visit the Lending Standards Board website.
You can also view further information on our commitments to our business customers and what we ask of you.