Financial support for your next step

All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.

You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

Compare all of our loan options...

An arrangement fee will apply and is related to the amount you choose to borrow

Type of loan

Interest rate

Loan term

Loan amount

Key features

 

Base Rate Loan

Varies with Bank of England Bank Rate

1 to 25 years

£1,000+

  • Rate fluctuates with Bank Rate
  • No early repayment costs
  • Borrow on a secured or unsecured basis
  • Capital repayment holidays3

Find out more

Fixed Rate Loan2

Fixed rate for full term of the loan

1 to 10 years

£1,000 - £50,000

  • Fixed monthly repayments
  • No early repayment costs
  • Borrow on a secured or unsecured basis
  • Capital repayment holidays3

Find out more

Commercial Fixed Rate Loan2

Can be fixed for periods from 1 year to the full term of the loan

1 to 25 years

£50,001 - £500,000

  • Fixed monthly repayments
  • Borrow on a secured or unsecured basis
  • Break Costs will apply – these will be defined at the outset of your loan, giving you certainty around the costs involved should you decide to repay early during the fixed rate period.

  • Capital repayment holidays3

Find out more

Interest rate

Varies with Bank of England Bank Rate

Loan term

1 to 25 years

Loan amount

£1,000+

Key features

  • Rate fluctuates with Bank Rate
  • No early repayment costs
  • Borrow on a secured or unsecured basis
  • Capital repayment holidays3

Interest rate

Fixed rate for full term of the loan

Loan term

1 to 10 years

Loan amount

£1,000 - £50,000

Key features

  • Fixed monthly repayments
  • No early repayment costs
  • Borrow on a secured or unsecured basis
  • Capital repayment holidays3

Interest rate

Can be fixed for periods from 1 year to the full term of the loan

Loan term

1 to 25 years

Loan amount

£50,001 - £500,000

Key features

  • Fixed monthly repayments
  • Borrow on a secured or unsecured basis
  • Break Costs will apply – these will be defined at the outset of your loan, giving you certainty around the costs involved should you decide to repay early during the fixed rate period.

  • Capital repayment holidays3

To find out your tailored rate for any of our loans:

Existing customers looking to borrow up to £10,000

For our loans up to £10,000 it is now easy to apply. Simply logon and click on ‘Business Loans up to £10,000’ in the right hand menu.

Log on and Apply nowfor a loan

Looking to borrow over £10,000 or new customers

If you are looking to borrow over £10,000 or are a new customer complete our online enquiry form and we’ll contact you to discuss your business needs.

Enquire onlineabout our loans

Alternatively, if you would prefer to talk to our business management team call us on 0345 072 5555Call telephone number 0345 072 5555.. Lines open 7am to 8pm Monday to Friday and 9am to 2pm on Saturday, except on UK bank holidays.’


The current Bank of England bank rate with effect from 4 August 2016.

  • Current Bank of England bank rate: 0.25%

Business Overdraft

  • Make sure extra funds are there when you need them.
  • Only pay interest on the funds you use.
  • Apply for a limit that suits your business.

Find out moreabout the Business Overdraft

Invoice Financing

  • Receive up to 90% of the value of unpaid invoices, typically within 24 hours.
  • Pay suppliers without having to wait to receive payment from your customers.
  • Fund growth with less risk by borrowing an amount that can increase as your turnover grows.
  • Use business assets to finance growth.

Find out moreabout Invoice Financing

Payroll Finance

We will:

  • Handle all key administrative tasks, like making sure your pay as you earn (PAYE) complies with legislation.
  • Fund 100 per cent of your weekly wage commitments.
  • Handle all payroll management, including temporary staff and contractors.
  • Take care of all aspects of HMRC reconciliation, including income tax deductions, National Insurance contributions and VAT.
  • Manage your sales ledger.
  • Provide debtor protection.
  • Offer credit checks and conduct credit control.
  • Pay your profit margin free of charge via CHAPS every Thursday.

Find out moreabout Payroll Finance

Asset Finance

Asset finance is a way to purchase assets without taking out a conventional loan. It allows you to spread payments over an agreed term and so avoid making big one-off payments for the extra machinery or equipment your business might need to grow.

Find out moreabout Asset Finance

Vehicle Contract Hire

  • Competitive monthly rentals.
  • Reduced operational risk: pay a budget-friendly, fixed monthly rate.
  • Can be VAT efficient for most companies.
  • Potential to free up business capital.
  • Optional maintenance to reduce administration costs.

Find out moreabout Vehicle Contract Hire

Commercial Mortgage

  • Apply for a minimum of £25,001 and choose a loan term from three to 25 years.
  • Borrow up to 70% of the property value. In some cases we can lend more.
  • Choose between a bank rate linked or fixed interest rate.
  • Capital repayment holidays of up to two years may be available on bank rate linked mortgages.
  • If you wish to borrow on other terms we may still be able to help you.

Highly Commended - Moneyfacts Best Commercial Mortgage Provider 2015

Find out moreabout the Commercial Mortgage

Residential Buy-to-let Mortgage

  • Mortgages start from £25,001.
  • Choose a mortgage term from three to 25 years.
  • Borrow up to 70% of the property value and in some cases we can lend more.
  • Bank rate linked and fixed rates available.
  • A capital repayment holiday may be available for up to 12 months (to be taken at the start of the loan).

Find out moreabout the Residential Buy-to-let Mortgage

Enterprise Finance Guarantee

  • Borrow from £25,001 to £600,000 over one to 10 years, or £600,001 to £1,200,000 over one to five years.
  • Variable or fixed rate interest terms, dependant on circumstances.
  • Early repayment charge may be payable if a fixed rate loan is fully or partly repaid early.
  • Flexible draw down arrangements.
  • Benefit from capital repayment holidays, available in certain circumstances.
  • To apply for Enterprise Finance Guarantee, your business's turnover must not exceed £41 million.

Find out moreabout the Enterprise Finance Guarantee scheme

Idea icon

true or false?

Six lending misconceptions

Document icon

ready to go

Finance application checklist

Business ToolBox

Try financial and digital business tools for 30 days with no obligation, including business planning and accountancy software.

Calculator icon

Loan calculator

Calculate your total repayment with our easy-to-use tool.

Launch calculator