Large business loans
- Big goals? Get funding over £50,000.
- Borrow to expand or open new locations.
- Choose from a range of options to suit your business.
Turn your business ambitions into reality
What can you use your Business Loan for?
Real estate and housing
Offering a range of products and services to give your real estate business a strong foundation.
Manufacturing
Backing British manufacturers with specialist guidance and support.
Retail
Supporting the British retail sector with a range of products and specialist insight.
Agriculture
Tailored products and services to support your long-term farm business success.
Buy-to-Let Limited Company Mortgage
If you’re a Limited Company who solely buys, sells or lets property, we could support you with buying or remortgaging your residential or commercial properties.
- Mortgage terms up to 25 years.
- Up to 70% Loan to Value (LTV) ratio.
- Fixed and variable interest rate options.
This is business banking
Fyne Ales
Read how Fyne Ales made regular investments in equipment upgrades, new talent and customer experience to strengthen them for the future, whatever it may bring.
Royal Dornoch
Discover how Royal Dornoch secured a £5m funding package from Bank of Scotland to support with new sustainable measures via its Clean Growth Financing Initiative (CFGI), a product designed to provide discounted lending towards sustainable measures.
Frequently asked questions
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Businesses of all sizes can apply for a large business loan. Not all loan applications will be successful, but we may be able to support your business with other finance options and guidance to other funding sources or government-backed schemes.
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Security for loans isn’t always necessary or needed. We'll only seek security where appropriate, on a case-by-case basis, reflecting risk and type of facility. We can also support your ambitions through government-led schemes, which are suitable for a range of different circumstances.
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It depends on the circumstances of your business. We’ll review your business on a case-by-case basis and assess your overall risk profile. We may be able to offer funding with certain terms or different sources of finance. The key thing is not to be deterred from trying if that’s what your business needs to grow.
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During the application process, we'll ask for your permission to carry out a credit check. Unless your credit history shows multiple applications, your credit rating shouldn’t significantly deteriorate. Lenders are likely to see occasional enquiries as part of a typical business process. If we decline your application, we can discuss other finance options or refer you to our appeals process.
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Yes, you can repay your variable rate loan early - and there’s no early repayment fee. If you have a fixed rate loan, you may have to pay an extra fee if you pay off the balance before the end of the term.
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When you start repaying your loan depends on what you agreed with us. Usually, you’ll need to make monthly repayments on a regular basis until the loan is paid off.
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You can apply for a Bank of Scotland Business Loan without having a Business Account with us. If your application is successful and you don’t want to open a Business Current Account with us, we’ll open a Loan Servicing Account for you. This type of account has no day-to-day fees or charges and will be yours until you’ve repaid your loan. You’ll be given this choice when you apply.
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Yes, we can help you find the right loan and guide you through the application process.
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Yes, you can apply for a loan to purchase rental properties for your business.
Other ways to finance your business
Loans are only one way to finance your business. Depending on your circumstances and goals, another type of borrowing could suit you better. Explore your options and check out the other types of finance we offer – from business overdrafts to asset finance.
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.
All lending is subject to status. Security may be required.
Whilst all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Bank of Scotland for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstance. Specific advice should always be sought in each instance.