Island business loans
Designed for businesses in Jersey, Guernsey and the Isle of Man.
Features and benefits
- Loans start from £25,000.
- Choose terms of up to 15 years.
- Borrow up to 70% of the value of a property.
- Choose from the Bank of England base rate, SONIA or fixed rate.
- A range of repayment options are available.
- Fixed rates available, please ask your relationship manager for more details.
Types of loans
|
Type of loan |
Interest rate |
Loan term |
Loan amount |
Key features & benefits |
|---|---|---|---|---|
Type of loanBase rate |
Interest rateBank of England base rate, plus a margin agreed with your relationship manager. |
Loan term1-15 years |
Loan amountFrom £25,000 |
Key features & benefitsWe will consider lending up to 70% of the value of the property.
There is no early repayment charge for bank rate linked loans. |
Type of loanFixed rate |
Interest rateFixed rates available. |
Loan term1-15 years |
Loan amountFrom £25,000 |
Key features & benefitsWe will consider lending up to 70% of the value of the property.
If you choose a fixed rate, your repayments will remain the same even if bank rates rise or fall.
If you repay part or all of your fixed rate loan before the end of the agreed term, a breakage cost and an early repayment charge may apply. |