Get up and running

Ways to
fund your business

Funding options

Getting funding is an essential step when looking to set up your company, as most businesses need that initial cash injection. It's important to understand how much money you'll need and what type of funding will suit you best. There are a range of funding options that you can consider, including loans from Royal Bank of Scotland.

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.

Business loans

A simple, affordable way to borrow

When considering a loan you should think about:

  • How much you need
  • How many years you want it for
  • How much you can afford to pay off each month

Business overdrafts

A flexible, short-term safety net
  • Only pay interest on the amount you use
  • Borrow up to £50,000 unsecured (subject to credit approval)
  • 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
  • Quick and easy to apply for online
  • Credit limit from £500 to £10,000 (subject to status) 

We also offer asset finance

Whether you need vehicles, machinery or computers, we work with Lombard to help you acquire the assets which are key to your business. 

Alternative sources of funding

We work hard to help any business or entrepreneur we can, but sometimes getting funding from a bank isn't the best option. When this is the case, there are other funding options available to get your business off the ground, such as:

  1. 01


    Funding your venture by raising money from a large number of people who each contribute a relatively small amount, typically via the internet. 

  2. 02

    Asset-based lending

    A business loan secured by assets such as property, equipment, inventory, or accounts receivable.

  3. 03

    Equity financing

    This involves the process of raising capital through the sale of shares in your business.

  4. 04

    Business angels

    Wealthy, entrepreneurial individuals who invest in start up companies, usually in return for a stake in the business.

  5. 05

    Business accelerators

    Also known as startup accelerators, these organisations take a share of equity in return for initial funding. They provide expert training, coaching and networking opportunities.

    Free accelerator programme

    Our Entrepreneur Accelerator programme offers all of the usual benefits, but is fully funded and we don't take any equity in your business.
  6. 06

    Government-backed support organisations

    Not for profit, public sector funded organisations are available to support with new business finance and business loans.

    For a full list of organisations, visit www.gov.uk/business-finance-support

  7. 07

    Government-backed investment funds

    Investment funds such as AngelCoFund exist to back high potential UK businesses. Alongside a group of Business Angels (see above), they provide the upfront capital required to develop and grow.

  8. 08

    Peer-to-peer lending

    Also abbreviated to P2P lending, this is the practice of lending money to businesses through online services that match lenders with borrowers.

You can find additional information on alternative sources of finance published in The Business Finance Guide

Get your finances in order

Book a free Financial Health Check with one of our Relationship Managers today, and we can help uncover key areas of focus for you and your business.

Anything else we can help with?

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