Term Loan

Bespoke funding solutions to suit your needs

No minimum or maximum loan amount*
Fixed or variable interest rate*
Flexible repayment periods from 1 to 20 years#
Option to defer capital payments for up to 2 years#

Every business needs bespoke funding to fit its strategic aims. That’s why we make it our business to understand your objectives before working out the best solution with you.

Perhaps you’re considering new premises. You may need capital for growth or acquisition. Or maybe you want to consolidate your debts. A term loan can provide the benefits you need:

Flexibility and choice

There’s no upper or lower loan limit. And flexible periods mean you can choose how quickly to pay back. Daily interest calculations also help to reduce the cost and it’s up to you whether to have capital and interest or interest-only repayment terms. It’s really designed with you in mind.

Fixed rate certainty*

In these turbulent times, you need reliability. A Fixed Rate Loan – with interest that won’t alter over the loan period – allows you to budget with certainty. You’re protected against any interest rate increases. And that helps you manage your cash flow so your business runs smoothly...

Like all our solutions, Fixed Rate Loans have a range of options. Principal and interest payments can be made monthly, quarterly, semi-annually or annually. And the interest rate can be fixed on all or part of the underlying loan amount, for all or part of the total facility maturity. For further information on interest rate hedging, click here.

SECURITY MAY BE REQUIRED IN RESPECT OF FUNDING PRODUCTS

Find out more

To talk to one of our colleagues about how a term loan could help your business, call 0845 603 2408† (open Mon-Fri 9am-5pm).

* a minimum loan of £25,001 is applicable to Fixed Rate CCA regulated businesses ( namely sole traders, Partnerships < 4 ). Please call for further details.

# Subject to type, term and value of loan.

Finance is provided for business only and subject to satisfactory credit assessment.