Small Business Loan at a glance:
- Simple business loan at a fixed rate of interest
- Borrow from £1,000 to £50,000 over 1 to 7 years, subject to approval and status
- Up to 10 year terms may be available on request
- No arrangement fee or early repayment charges
- Fast application process, apply online in just 3 minutes
Your monthly repayments won’t change over the duration of the loan, making it easier to manage your cash flow. Your interest rate is calculated on the length of the loan term, the amount you want to borrow and your status. The longer the term, the smaller your monthly repayment.