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A personal, director or member's guarantee may be required. Over 18s only. Subject to status, business use only.
Fast, flexible funding for your business
All business customers are eligible and applying online is quick and simple
Borrow from £1,000 to as much as £50,000, subject to approval
No set-up fees and no early repayment or early closure fees
A fixed interest rate, so your repayments stay the same throughout the loan
Loan terms from 1 to 7 years
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A personal, director or member's guarantee may be required. Over 18s only. Subject to status, business use only.
Representative example
Monthly repayments
£7,500
Interest rate % (fixed)
8.2%
Representative APR (variable)
£137.55
Total repayment
£8,253.00
100% of SME customers received an end quote that was the same, better or no more than 10% above their indicative quote.
Other amounts available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR. Representative APR (Annual Percentage Rate) is used for comparison purposes and shows the annual interest rate we expect at least 51% of customers who are accepted for and enter into a loan agreement with us to get. APR takes into account not just the interest on the loan but also other charges you have to pay, for example, any arrangement fee.
1. Calculate rates
Quickly check possible loan and repayment amounts with our calculator
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2. Apply online
Apply online, confirming your business income, assets, and address history
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3. Get funds
If approved you could have the money in a few days
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Important points to note before you apply
We calculate your rate based on the loan term, loan amount and your credit status
You'll need to make a repayment each month
You'll be paying off the capital and interest each month
You won't be able to take a repayment holiday
You can't take the loan in instalments (sometimes called a tranche)
Read our Small Business Loan factsheet (PDF, 1.49MB) for more information
Apply online
You must be authorised to apply for a loan on behalf of your business.
We will complete a full credit check on all key principals of the business using a credit reference agency
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Speak to our team
If you have a Relationship Manager speak to them to discuss your needs, or phone us to speak with our dedicated team.
Lines are open 9.00am – 5.30pm Monday to Friday (except public holidays).
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Your top questions answered
Need to borrow a higher amount?
Turn your long-term ambitions into action with a Fixed Rate Loan. Borrow from £25,001 to £10m, subject to approval.
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Access to our free Business Builder
Business Builder provides free online learning and virtual events for a community of business owners just like you.
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Other ways to borrow money
We have a range of borrowing options that could suit your situation including Business Overdrafts.
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