The annual interest rate is 9.6% APR (fixed) for our business loans
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Based on what you have told us your loan will cost
The calculator is for illustrative purposes only. We will undertake a full creditworthiness assessment during your application.
We show a representative example wherever we talk about the interest rate of a loan. The representative example does not reflect the input you have made to the calculator above but will help to show you the typical costs associated with a loan for a certain amount.
|Loan amount||Term||Representative APR||Interest rate||Monthly repayments||Total amount payable|
|£10,000||48 months||9.6% (fixed)||9.6% (fixed)||£251.71||£12,082.08|
Interest is calculated daily and charged monthly. Your annual statement will show much interest you have paid and when.
All loans are subject to status and terms and conditions.
We will do a creditworthiness assessment of your circumstances when you apply to ensure you can afford to make your monthly repayments. We reserve the right to refuse any application and to refuse a loan for certain purposes.
Information and rate shown is correct as at May 2022. Rate may be withdrawn at any time.