Small Business Loan
- 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)
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.
Security and / or Director’s guarantee may be required. Product fees may apply. To apply you must be a UK resident aged 18 or over. Business credit cards are for eligible UK businesses only and you must maintain a business bank account in the same legal entity name with Royal Bank of Scotland. Your registered business address must also be in the UK and you should be registered for tax purposes in the UK. Subject to status, business use only.
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.
Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
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.
Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Specific eligibility criteria applies to Invoice Finance and Asset Finance. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
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
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.
We are a Registered Firm with the Lending Standards Board which publishes the Standards of Lending Practice for Business Customers.
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.
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.