Commercial Fixed Rate Loan

Features and benefits

  • Borrow from £50,001 up to £500,000.
  • Choose a term from one to 25 years.
  • Fixed monthly repayments.
  • Borrow on a secured or unsecured basis.
  • Break costs will apply – these will be defined at the outset of your loan.1
  • Read our charter to find out how we're committed to lending to businesses.

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. 2

An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the loan.

See how much you may be charged.

1 Break costs may apply upon full/partial early repayment of the loan. These will be calculated based upon the loan rate compared to market rates at the time of repayment. These may be substantial.

2 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.

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.

One of our business management team will be happy to speak with you about your application. 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.

An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the loan.

Amount of borrowing Arrangement Fee
£50,000+ 1.5%

You will be provided with terms & conditions during the application process.

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Fixed Rate Loan

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

Find out more about our Fixed Rate Loan

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Finance Selector

Decide which of our loans and finance options could be right for your business.

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Base Rate Loan

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

Find out moreabout the Base Rate 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 apply or enquire for any of our loans

Enquire online

Complete our online enquiry form and we’ll contact you to discuss your business needs.

Enquire online

On the phone

0345 072 5555Call telephone number 0345 072 5555

Call us to talk to one of our business management team. Lines open 7am to 8pm Monday to Friday and 9am to 2pm on Saturday, except on UK bank holidays.

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Busting the lending myths

Answering some common misconceptions associated with business lending.

Busting the lending myths

Lending appeals

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

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