• Commercial Fixed Rate Loan

    When you want to plan ahead with confidence.

    If you’re looking for a fixed rate loan for a larger business project or investment, then our Commercial Fixed Rate Loan could meet your needs. With a fixed interest rate, during the fixed rate period, you'll pay identical monthly amounts, allowing you to plan your budget with confidence.

    Key Features

    • Borrowing starts from £50,001, with terms from 1 to 25 years.*
    • Capital repayment holidays may be available.
    • Fixed monthly repayments.
    • Borrow on a secured or unsecured basis.
    • Break costs will apply – these will be defined at the outset of your loan.

    You can apply by calling 0345 300 0268

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

Features and benefits

    • Borrow from £50,001.
    • 1 to 25 year terms available.*
    • Repayment amount remains constant for the term of the loan.
    • Capital repayment holidays may be available.
    • Loans available on a secured or unsecured basis.
    • 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.
    • Any early payment made during the fixed rate period will incur a defined break cost. Break Costs are defined at the outset of your loan, giving you certainty around the costs involved.

Arranging your loan

  • 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.

How to apply

  • By phone

    Call 0345 606 0286

    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.

  • 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.
  • Break costs may apply upon full/partial early repayment of the loan. These will be calculated based upon the loan rate compared to market rates at the time of repayment. These may be substantial.

    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 level.