Variable Rate Loan

Every business is different and has different financial needs. That's why our Variable Rate Business Loan gives you the flexibility to choose the repayment frequency and adjust the payments to suit your cash flow.  
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  • Longer term finance when you want to invest in the development of your business
  • A flexible repayment structure allows you to take advantage of your more profitable months by making higher repayments or lump sum payments, reducing the repayment term and interest payable 
  • You can also choose to return to the minimum repayment at any time
  • Minimum loan amount is £1,000
  • Maximum loan amount is £250,000
  • You must be 18 or over.  Lending criteria, terms and conditions apply
  • Security may be required
  • We will also consider loans secured by the Enterprise Finance Guarantee scheme which is aimed at viable SMEs looking for funding but which have inadequate security to meet a Lender’s normal security requirements. More details can be found on the British Business Bank website or speak to your relationship manager.

 

 

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