Find out more
You are on Business
Our Capped Base Rate Loan provides certainty of a known maximum monthly payment, whilst benefiting from a variable rate. It is linked to the Bank of England Bank Rate so the interest rate that you pay will change as the Bank Rate changes, but it will not go above the Capped Rate during the Capped Rate Period. Capped Base Rate loans are less dependent on market conditions than Base Rate Loans, giving you confidence that you will be able to meet your financial obligations.
You can apply by calling 0345 300 0268
Talk to us about your plans and we’ll let you know how much we may be able to lend you. We’ll agree interest rates with you and let you know if we need security on your borrowing. We’ll also discuss all terms and conditions with you before you take out your loan.
If your financing needs are more complex, we may have an alternative product that may suit your needs better.
Call 0345 300 0268.
You’ll need to confirm that:
You’ll also need to have the following information to hand:
Please view our finance application checklist.
A useful tool to help you find out which of our finance options may be right for your business.
Calculate monthly repayments with our easy to use tool.
Read about how we've helped other businesses just like yours
Read case studies
Existing customers0345 300 0268
New customers0345 606 0286
Lost or stolen cards
1 The “Capped Rate” applies for a Capped Rate Period of five (5) years, and this may be equal to or less than the full term of the loan. If the term of the loan is for longer than the Capped Rate Period, then from the end of the Capped Rate Period, the loan will no longer have the protection of the Capped Rate and will be subject to the full impact of any movement in the Bank Rate with no maximum interest rate protection.
There is always a possibility that the total interest rate payable will not rise above the Capped Rate during the Capped Rate Period, in which case you may have unnecessarily paid more interest than if you had chosen a Base Rate loan with no Capped Rate feature.
† An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the loan. To cover our administration costs for smaller facilities, there will be a minimum scale charge of between £100 and £250 resulting in the overall charge being more than 1.5%.
Any property given as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.
All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
Not sure what funding options best suit your needs? Find out what the right finance options are for your business.
Launch finance selector
Improve your cashflow options. Whether you're planning to expand or need to deal with day-to-day cashflow, we're here to help. Our invoice Financing options mean you can release up to 90% of the value of your invoices, typically within 24 hours.
More about Invoice Financing
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
Please note that any data sent via e-mail is not secure and could be read by others.
Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
The Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on the Lloyds Banking Group can be found at lloydsbankinggroup.com.
This site is intended for UK residents unless otherwise stated.
© Bank of Scotland plc 2015. All rights reserved
Find your way
Products and services
Banking with us
About Bank of Scotland
About this site
If you would like to find out more about our products and services please call us on
0345 606 0286
If you have a business account with us, and would like to talk to a member of our business management team, please call
0345 300 0268
Find us on Linkedin
Keep up to date with the latest from Bank of Scotland business.
Follow us on Twitter
Receive news and product updates.