Business Loans
Capital to steady the month or fund the next step
Figures shown are for Business Loan and update automatically when our published rates change. Your own offer depends on the amount, the term and our assessment.
A business loan provides a lump sum repaid over an agreed term. It suits costs that produce a return — stock, equipment, staff, premises — rather than filling a permanent gap in cash flow, which usually needs a different fix.
Working capital or term loan?
They solve different problems, and choosing the wrong one is expensive.
Working capital covers a timing gap: you have invoiced but not been paid, or you need stock before a busy period. The borrowing is short and clears once the money lands.
A term loan funds something with a long life — machinery, a vehicle, a fit-out. You match the term roughly to the useful life of what you are buying, so you are not still paying for something after it has stopped earning.
How we assess a business
We look at trading history, the consistency of income, existing commitments, and what the money is for. A clear explanation of how the loan generates or protects revenue carries real weight — vague applications take longer because we have to ask.
What to have ready
Recent bank statements, your most recent accounts or management figures, and identification for the directors or owners. Having these to hand when you apply is the single biggest factor in how quickly a decision comes back.
Common questions
Do you lend to new businesses?
We assess each case. Limited trading history is not automatically a decline, but it usually means we look harder at affordability and may offer a smaller amount.
What can the funds be used for?
Any legitimate business purpose. We ask what it is for because it helps us assess the application, not to restrict you.
