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Small Business Loan

Fast, flexible funding for your business

Kick-start your business with a Small Business Loan

Whether you’re looking for a funding boost or need a helping hand to recover after the pandemic, a Small Business Loan could be the ideal solution. Applying online is quick and simple.

Borrow from £1,000 to as much as £50,000, subject to approval

No arrangement or early repayment fees

Choose to pay us back over a term of 1 to 7 years, subject to credit status

Up to 10 year terms may be available on request

Fixed rate of interest

All business customers are eligible and applying online is quick and simple

Small Business Loan fact sheet (PDF, 86KB)

The small business loan in detail...

Borrow from £1,000 to £50,000

No arrangement or early repayment fees

Borrow from 1 to 7 years

Fixed rate of interest

How business loan rates are calculated

Form of guarantee

Useful info about our Small Business Loan

Ready to apply?

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

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). 

Customers with hearing and speech impairments can contact us using our Relay UK Service: 18001 0345 366 5592.

Lines are open 9.00am – 5.30pm Monday to Friday (except public holidays)

For more information visit the accessibility page.

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page.

Don't have Anytime Internet Banking, why not register today?

Setting up Anytime Internet Banking will only take a few minutes and gives you all the tools you need to manage your money online. 

Business loan calculator

Our Small Business Loan interest rate calculator can show you the rates you might pay and check your eligibility for lending up to £25,000. You can now also check the rates you're likely to pay for lending up to £50,000.

Amount you'd like to borrow

Note: You can only check rates up to £25k. You can still apply online for up to £50k.

You'd like to repay it over

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.

Representative example

Monthly repayments

£7,500

Interest rate % (fixed)

8.2%

Total repayment

£8,253.00

Representative APR (variable)

£137.55

There's no obligation and you won't be credit checked.
 

100% of SME customers received an end quote that was the same, better or no more than 10% above their indicative quote. 

You may also be eligible for a Business Overdraft

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.

What else could we help you with?