Business Loans
Finding the right loan can help you manage cash flow, grow your business or help you invest in new equipment or premises.
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Base Rate LoanDescription |
Fixed Rate LoanLinked to the Bank of England bank rate, the interest you pay will change as the bank rate changes. |
Commercial Fixed Rate LoanWith a fixed interest rate, you can be certain of your repayment costs each month. |
Capped Base Rate LoanBorrowing over £50,000 at a fixed interest rate you will know exactly what your monthly repayments are.1 |
Linked to the Bank of England bank rate, but capped at a maximum monthly amount for 5 years, providing certainty of a known maximum monthly payment.2 |
Base Rate LoanHow much can I borrow? |
Fixed Rate Loan£1000+ |
Commercial Fixed Rate Loan£1,000-£50,000 |
Capped Base Rate Loan£50,001+ |
£50,001-£1,000,000 |
Base Rate LoanInterest Rate |
Fixed Rate LoanVariable, 5.1% APR* |
Commercial Fixed Rate LoanFixed, 5.1% APR* |
Capped Base Rate LoanFixed |
Variable |
Base Rate LoanHow long can I borrow for? |
Fixed Rate Loan1-25 years |
Commercial Fixed Rate Loan1 - 10 years |
Capped Base Rate Loan1 - 25 years |
5 - 25 years |
ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.
Important Legal information
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.
Use our “Rate change calculator” to work out how a change in Bank Rate could affect your loan repayments.
1 New Commercial Fixed Rate Loans less than or equal to £1m booked after 11th July 2016 will have defined Break Costs set out in the Loan Schedule and Loan Agreement. Commercial Fixed Rate Loans booked before this date, and those >£1m can, subject to market conditions, incur a break cost which could be substantial. Your Loan Agreement will specify which type of Break Cost applies to your loan.
2 A Capped Base Rate loan is a variable rate loan where the Total Interest Rate payable will not go above a maximum level or “Capped Rate” during the Capped Rate Period. The Capped Rate Period is five (5) years, and this may be equal to or less than the full term of the loan.
*Annual Percentage Rate (APR) is the total cost of the credit expressed as an annual percentage of the total amount of credit. It represents the actual yearly cost of credit over the loan term and includes not only the interest but also any other charges you have to pay, for example, an arrangement fee. The APR will vary depending on the loan amount and term.
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.