Variable Rate Business Loan
If your business needs a long-term loan, our variable rate loan may suit you
Security may be required. Product fees may apply. Over 18s only.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
Our Variable Rate Business Loan offers:
Which are linked to the Bank of England base rate.
To minimise your exposure to exchange rate fluctuations.
Borrow for up to 25 years.
With values of £25,000 upwards, talk to your Relationship Manager about the amount you need to borrow, and how to arrange a loan.
Giving you the flexibility to repay your business loan at any time.
Subject to initial agreement we can offer you:
With a single capital repayment at the end of the term. You will have to save money separately to repay the capital borrowed.
Take your loan in stages, in up to four drawdowns over 12 months.
- of up to three years. If you take a capital repayment holiday, interest is charged during the period of underpayment and your monthly payments may increase afterwards.
Talk to your Relationship Manager about the amount you need to borrow, and how to arrange a loan.
Whether you're a new or existing customer speak to one of our dedicated business specialists by calling BusinessLine on:
0345 711 4477
0800 404 6161
Open 24 hours a day, 7 days a week, 365 days a year.
Alternatively you can speak to your Business or Relationship manager, who are available 9am-7pm Mon-Fri and Saturdays 9am-2pm.
Calls may be recorded.