• Fixed Rate Loan

    Fix your finance to suit your budget.

    A fixed rate loan enables you to plan your finances better, as you'll know exactly what your repayments will be each month. And with a fixed interest rate for the whole term you’re less dependent on market conditions, giving you confidence that you’ll be able to meet your financial obligations.

  • Key Features

    • Borrow from as little as £1,000.
    • Monthly repayments at a fixed rate over 1 to 10 years.
    • Loans available on a secured or unsecured basis.

    You can apply by calling 0345 300 0268

  • Features and benefits
  • Arranging your loan
  • How to apply

Features and benefits

    • Borrow from £1,000 up to £50,000.
    • 1-10 year terms available.
    • Repayment amount remains constant for term of the loan.
    • Capital repayment holidays may be available.
    • Loan available on a secured and unsecured basis.
    • An arrangement fee will apply, up to 1.5%* and dependent on the amount you borrow.

Arranging your loan

  • Talk to us about your plans and we’ll let you know how much we maybe 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.

How to apply

  • By phone

    Call 0345 300 0268.

    When you apply
    You’ll need to confirm that:

    • you are a sole trader, or a partner or director of the business
    • you are over the age of 18
       
    • the finance you wish to secure is for business use only.

    You’ll also need to have the following information to hand:

    • the amount of money you would like to borrow
       
    • the reason you want to borrow the money
       
    • how long you wish to take to repay the money.

    Please view our finance application checklist.

  • *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.

    There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.