Commercial Fixed Rate Loan

Our Commercial Fixed Rate Loan has a fixed interest rate, during the fixed rate period, so you'll know exactly what the repayments will be each month, allowing you to plan your finances better.

Talk to one of our specialists

If your business turnover is between £0-3m please call 0345 072 5555

If your business turnover is between £3-25m please call 0800 022 4378

Key features and benefits

  • Fixed monthly repayments which provide protection to changes in the Bank of England Bank Rate.
  • Borrow from £50,001+
  • Choose a term from one to 25 years
  • Capital repayment holidays may be available on a secured or unsecured basis1
  • Early repayment will incur a break cost*

Is my business eligible?

To enquire about this loan, you must:

  • Require the loan for business use
  • Apply for a minimum of £50,001
  • Be a sole trader, partner or director with authority to borrow on behalf of your business
  • Be aged 18 or over

Talk to one of our specialists

If your business turnover is between £0-3m please call 0345 072 5555

If your business turnover is between £3-25m please call 0800 022 4378

  • An arrangement fee of up to 1.5% applies and is related to the amount you borrow. These terms will be discussed with you before you take out the loan.

    *Breakcosts

    For loans <£1m any early payment made during the fixed rate period will incur a defined break cost2. Break costs are defined at the outset of your loan, giving you certainty around the costs involved.

    For Loans >£1m an early payment made during the fixed rate period can, subject to market conditions, incur a break cost which could be substantial. These break costs with be defined at the outset of your loan

    There is always a possibility that interest rates may go down, leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.

Helpful guides

Whether it’s for growth or development, there are many reasons why your business may need finance. We could provide help when you most need it.

Anwyl Homes

Find out how we supported Anwyl Homes boost its turnover by 49%

Anwyl Homes case study

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.

Download the statement of responsibility (PDF)

Lending appeals

The right type of funding can play a vital role in helping your business reach its potential. If your lending application is declined, we will work with UK Finance to pursue any raised appeals.

Appeals for borrowing. Business finance declined? You can ask for the decision to be reviewed

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.

Other loan options

Explore other products within Loans and Finance

Our specialists can support you

If your Business turnover is between £0-3m please call

0345 072 5555

If your business turnover is between £3-25m please call

0800 022 4378

Important Legal Information

1 Capital repayment holidays available in certain circumstances only

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.

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.