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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. This allows you to plan your finances better. Fixed rate loans are less dependent on market conditions, giving you confidence that you will be able to meet your financial obligations.

Features and benefits

  • Borrow from £50,001.
  • Choose a term from one to 25 years1.
  • Fixed monthly repayments during the fixed rate period.
  • Benefit from capital repayment holidays, available in certain circumstances.
  • Borrow on a secured or unsecured basis.
  • Read our charter to find out how we're committed to lending to businesses.

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.

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 substantial2.

An arrangement fee of up to 1.5%3 applies and is related to the amount you borrow.

To enquire about this loan, you must:

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

One of our relationship managers will be happy to speak with you about your enquiry. However, before you get in touch, please make sure you know:

  • How much you would like to borrow.
  • The purpose of the finance.
  • What time period you would like to make the repayments over.
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Capped Base Rate Loan

A loan with a variable rate that changes in line with the Bank of England bank rate, but will not go above the Capped Rate during the Capped Rate Period.

Find out moreabout the Capped Base Rate Loan

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Base Rate Business Loan

A loan with a variable rate that changes in line with the Bank of England bank rate.

Find out moreabout the Base Rate Business Loan

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Loans and finance

Our lending products are flexible enough to accommodate almost any business plan.

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How to enquire

Enquire online

Completing our business loan calculator takes about 10 minutes. Once we receive your information, we’ll contact you to discuss your business needs in more detail.

Enquire onlineabout our Commercial Fixed Rate Loan

On the phone

0800 022 4378Call telephone number 0800 022 4378

Call us to talk to one of our relationship managers. We are available from 9am to 5pm Monday to Friday.

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Finance selector

A convenient way to help you decide which of our finance options could be right for your business.

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Lending appeals

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

Find out more