December 6, 2022


Business/Industrial Goods and Services

Apply For A Start Up Loan For Your Business small business loans

The representative APR is an illustration of the highest rate that we expect to offer up to 51% of successful applicants. You can benefit from knowledgeable and experienced account managers and commercial directors who truly care about your business’ future. It is free for you to make an application through our website. You must be a sole trader, partner or director who requires the loan for business use. It depends what type of business you have, how developed you are and what you need the loan for.

  • This will prevent you from spending impulsively and increase your capacity to make bigger, important investments in the future.
  • There is no limit for the amount requested; however majority of awarded grants range from £1,200 – £10,000.
  • It does not include any other fees or charges that may apply.
  • When you’re trying to identify the best business loan, the loans that are cheapest overall are naturally a good place to start.
  • With competitive interest rates and flexible repayment terms, our range of loans offers peace of mind for all business owners.

If your application is successful and you do not wish to open a Business Current Account with us, we will open a fee-free Loan Servicing Account until your Business Loan is repaid. Applicants may receive a different rate of interest based on their individual circumstances. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. The technical storage or access that is used exclusively for anonymous statistical purposes.

Amount You’d Like To Borrow

A short-term business loan could offer you some flexibility, especially if you’re facing an unexpected situation or seasonal fluctuations. If you need funding to grow your UK business, a small business loan can provide a fast and affordable solution to help support your goals. Businesses all over the UK face financial instability daily, which often requires outside funding. We have looked into how the state of borrowing for these businesses differs between the industry, over the years, and for the size of the business. Learn about government support and alternative options for businesses needing finance to help deal with the impact of coronavirus. Access a lump-sum of funding upfront for a fixed cost and then repay when your customers pay you.

We would like to keep you up to date by email with useful business tips, advice and information about our product that can assist with your start up journey. Business loan insurance is not a legal requirement, but some owners consider taking it out to help give them peace of mind. This is because, if any loans are outstanding and the business owner dies or falls seriously ill, the impact on that business can be very serious. Once you’re approved, we’ll ping the money straight to your account.

Merchant Cash Advance

Capital repayment holidays of up to two years may also be available. Repayment holidays are available to businesses affected by Covid-19. You don’t have to be an RBS or NatWest customer to apply for their loans.

This programme supports Small & Medium businesses in the Tendring district. Funding can be used for revenue costs such as salaries, capital costs such as plant, machinery or other equipment and/or the acquisition and refurbishment of premises. You will find that there are a multitude of government backed funding programs that range from conditionally repayable contributions to equity financing.