Business Loans
With this flexible yet simple business financing solution, you have the option to select a fixed or variable rate of interest and repayment frequency.

Fixed rate business loan

  • Suitable for businesses looking to fund capital expenditure where they wish to have the interest rate fixed for 3 or 5 years, after which the loan will be converted to a variable rate.
  • In the fixed rate period, you will have fixed repayments.
  • Interest-only options are available.
  • Choice of repayment frequency available.

Variable rate loan
  • Suitable for businesses looking for flexibility and choice.
  • Choice of repayment amounts.
  • Option of paying lump sums without incurring any penalties.
  • Interest-only options available.
  • Option of making higher repayments during more profitable months and reducing the amount during slower periods.

Small Firms Loan Guarantee

For new and growing businesses, the Small Firms Loan Guarantee scheme may be the best way for you to borrow money.

The Small Firms Loan Gurantee scheme operates in conjunction with the Department for Business, Enterprise and Regulatory Reform (DBERR) and enables lenders to provide finance to businesses that may not qualify for conventional finance due to lack of security.

These loans carry the flexible financing solutions of our Fixed and Variable Rate loans but are subject to the following conditions :
  • Minimum loan of £25,001 and maximum loan of £250,000.
  • Maximum 10 year term.
  • Borrowers pay a 2% per annum premium on the outstanding balance of the loan to DBERR.

Important information

All credit facilities are subject to status, and applicants must be 18 or over.

Contact

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