Loans and finance
We understand that manufacturing businesses have unique banking needs.
Whether it is assisting with cashflow needs, financing growth or acquisitions, our manufacturing trained managers can provide guidance to help find the most appropriate banking package for your business.
Whether you require overdraft facilities to make the most of an immediate opportunity or longer-term funding to support strategic growth, we have a range of flexible finance options and products to suit your needs.
Manufacturing Expansion Loan
We know that when you are looking to invest in new plant, machinery or premises, you want to know that the support you need is available.
Our bespoke manufacturing loan can support your plans for business expansion, whether it’s resource, premises or new plant and machinery, our team can tailor your loan to support your expansion plans.
Business Loans and Commercial Mortgages
Whatever your plans, we will try to find the right financing solution for you. With loan terms of up to 15 years and a choice of Bank of England base rate linked or fixed rate*, we can tailor a lending solution to meet your needs.
If you need help to invest in machinery to automate your production lines, new plant or other manufacturing equipment, we’ll give you competitive rates and a response typically within 24 hours.
Enterprise Finance Guarantee (EFG)
Through EFG, we can provide access to funding when you lack security, or want to free up your overdraft. We can offer the option of variable or fixed rates of interest, and include capital repayment holidays.
Business Growth Fund (BGF)
This is long-term capital funding designed to help privately-owned and profitable businesses’ investment for growth. Receive up to ten years funding with flexible investment structures tailored to your individual business needs. BGF also provides vital business guidance through taking a seat on your board.
With Invoice Finance, including Invoice Factoring and Invoice Discounting, you can typically receive up to 90% of the value of invoices typically within 24 hours, giving you an instant cash injection or predictable cash flow to help you plan ahead more confidently. The level of available funding automatically grows as your business does.
Asset Based Lending
This enhanced funding mechanism helps raise finance on the high levels of inventory required to run your business smoothly. As a cost effective alternative to borrowing, it provides fast access to working capital and frees up funds tied up in inventory, plant and machinery.
The Commercial Personal Banking service is a unique relationship-based offer to directors, senior management and key personnel of our larger commercial companies. Your commercial personal banking manager complements your business relationship with us and makes it easier for you to manage all your finances together - however demanding your professional role.