Business Loans
Our business lending terms are flexible and designed to respond to customer need. Typically, the following terms apply:
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Loans between £500 and £50,000
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Loan repayment periods between six months and ten years
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Interest rate 19% (for social enterprises we try to keep the interest rate between 12% and 15%)
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An arrangement fee of 2% (minimum £100) is payable for loans above £3,000. If your loan is for below £3,000 then the fee is fixed at £50. Either way the fee is payable at the start of the loan
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A poor credit history or no credit history at all will NOT automatically exclude a client from borrowing
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Obtained a minimum of 50% from an alternative source or have invested an equivalent amount into the business
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Lack of security is not necessarily a barrier to lending.
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Capital repayment holidays may be agreed, where appropriate.
Newsletter
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Ready to progress your enquiry?
To progress your enquiry, please complete and return the following documents to our office:
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Business Loan Application Please ensure you complete the customer checklist and include the required documentation. To complete the form, save to your computer, right mouse click in the boxes and add text.
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Business plan It is a mandatory requirement that this business plan template is used.
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For a list of ID verification please click here
Click here to read about the coaching programme.
Click here to view our terms and conditions.
If you require free impartial business help, advice and support please contact Business Link on


