Business lending

Discover the right business
funding for you

Everyday business borrowing

These are the products that most of our business customers have been choosing lately. If none of them seem right, we still have plenty of other options below.
To apply you must be a UK resident aged 18 or over. Security and Director's guarantee may be required. Product fees may apply. Business credit cards are for UK businesses only. Your registered business address must also be in the UK, Channel Islands, Isle of Man or Gibraltar or you should be registered for tax purposes in one of those jurisdictions. Subject to status, for business use only.

Small Business Loan

A fast, affordable way to borrow
  • Fixed rate of interest
  • Can help you achieve your business goals
  • Suitable for most small to medium businesses
  • Borrow over 1 to 10 years
  • Borrow from £1,000 up to £50,000 (subject to credit approval)

Arranged Business Overdraft

A flexible, short-term safety net
  • No set minimum to pay back each month
  • Pay interest only on the amount you use
  • Borrow up to £50,000 unsecured (subject to credit approval). You can also apply for more, however this may result in security being required
  • Ideal for unexpected bills or emergencies

Business credit cards

An ideal way to pay for day-to-day expenses
  • Choice of cards to fit your businesses needs
  • Can be used to pay for goods and services 
  • Quick and easy to apply for online
  • Credit limit from £500 to £10,000 (subject to status)
  • Annual fee may apply 

Borrowing larger amounts

If you need to borrow a larger amount, we have several options. The one that’s right for you will depend on how much you want to borrow, how long you want to borrow the money for and the purpose of the loan.

Variable Rate Loan

A loan that takes advantage of market rates
  • No early repayment charges
  • Borrow from £35,001 upwards (subject to approval)
  • Terms are between 3 months to 25 years
  • Various repayment options - repayment holidays etc. (conditions apply and you must keep paying the interest)

Fixed Rate Loan

Offers the certainty of fixed repayments
  • No product fees or early repayment charges
  • Terms are 3, 5, 7 or 10 years
  • Borrow between £35,001 to £10,000,000 (subject to approval)
  • Option to take repayment holidays (conditions apply and you must keep paying the interest)

Commercial Mortgage

Buy business property with the certainty of fixed repayments
  • Borrow over 3, 5, 10 or 25 years
  • Borrow between £35,001 to £10m (subject to approval)
  • Fixed rate – could help you manage your cashflow
  • No early redemption charges or arrangement fee (new lending only)

Alternative ways to borrow

If you want to borrow money against the value of an invoice, we have four types of Invoice Finance. If you need to buy equipment and don’t want the hassle of ownership, Asset Finance might suit you better.

Invoice finance

Access funds to improve your company’s working capital

Invoice finance is a way to borrow against the value of an unpaid invoice. We could lend you up to 95% of the value of an invoice. This is ideal if you get a sudden large contract through or have a just-in-time inventory strategy.

We offer different types of Invoice Finance

  • Release cash quickly and confidentially with Invoice Discounting
  • We’ll chase unpaid invoices for you with Invoice Factoring
  • Release cash from your existing assets with Asset based lending (£6.5m turnover required)

Asset finance

A more flexible way to purchase vehicles or equipment

Asset finance allows you to fund large purchases for your business. It can be used to purchase anything from machinery and vehicles to tech and agricultural equipment.

We offer a range of options finance though our partner, Lombard.

  • You take ownership of the asset with a Hire purchase
  • You rent an asset rather than buying it outright with a Finance lease
  • Finance cars and vans for your business with Contract hire
  • Purchase high-value specialist equipment with an Operating lease

Useful info about business lending

All assessments of eligibility for lending are done on the basis of the credit history of the individual, business owners or directors. Credit Scoring is part of the process used by banks and other lenders to help assess whether they will lend to you. 

We have a guide on how you can appeal a lending decision here

You can, but we'll need to talk to you about it. Please call your Relationship Manager.

See how we compare in the market

Additional support for your business

Standards of Lending Practice

We are a Registered Firm with the Lending Standards Board which publishes the Standards of Lending Practice for Business Customers.

What we look for when lending you money

We’ll first need to check your credit ratings and that you meet our lending criteria. If everything is in order, you’ll get the green light.

Thinking about Business premises?

There are several factors to consider before you decide on your business premises. We could help with the decisions and suggest ways you could finance it.

Something else we can help you with?