As your business grows, it can benefit from tailored lending and guidance. We will support your business throughout the application process. We also follow lending standards and principles to ensure you’re treated fairly.
The Standards for business customers apply to businesses/organisations, which at the point of lending;
To find out more you can read the statement of responsibilities, which details what’s expected of us, the lender and you the borrower.
If your business has an annual turnover of more than £6.5m, we follow the Lending Principles which are a further set of standards that you can expect from us.
Your business can:
See how likely you are to get a Business Loan or Overdraft. View indicative interest rates and repayment details. Try different options without affecting your credit rating.
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.
Overdrafts are repayable on demand.
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.
Calls may be recorded for our mutual protection, training and monitoring purposes.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 020 7626 1500.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.