Business And Commercial Loans
Helping your business grow
If your business needs investment to grow, we can help provide the finances you need to fund your expansion
Terms to suit your business
Our loans are designed with you in mind, meaning you can tailor your loan to suit your needs
The personal touch
Our underwriters want to know and understand your business– meaning you’ll talk directly to the person handling your application
Simple and fast
We’ll get your funding processed and delivered quickly, with the minimum hassle and fuss
The annual interest rate is 9.6% APR (fixed) for our business loans
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Your results
Based on what you have told us your loan will cost
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Monthly repayments £85.71%
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Total amount payable £
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Total interest £85.71%
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Last payment
The calculator is for illustrative purposes only. We will undertake a full creditworthiness assessment during your application.
See below for the representative example.
Representative example
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 Rate may be withdrawn at any time.
Business Loan
Business Loan
| Loan | Interest rate | Loan term | Arrangement fees | Other fees we may charge |
|---|---|---|---|---|
| Under £60,000 | Typically 9.6% APR fixed | 1-5 years | Zero | None |
APR stands for annual percentage rate. It’s intended to give you a more accurate idea of how much you are being charged when you borrow money. It takes into account the interest on the loan and other charges you have to pay – for example, any arrangement fee.
Interest is calculated daily and charged monthly. Your annual statement will show how much interest you have paid and when.
How much can I borrow?
Interested in a business loan under £60,000? Use our loan calculator to work out how much you can afford to borrow and what your monthly repayments might be.
Eligibility
If you’d like to discuss your Business Loan requirements with us, please come into a store or contact one of our specialist teams.
You’ll need to have a Business Bank Account with us to apply for a Business Loan, and we will likely need some security. Our Business Loans are generally available to customers with £2 million in turnover and under, although we do consider exceptions.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a loan or other debt secured on it.
Commercial Loan
Commercial Loan
| Loan size | Loan term | Interest Rate & Fees | Currency |
|---|---|---|---|
| From £25,001 to £25m+ | 1-30 years | Tailored to each loan | GBP only |
Current interest rates
We tailor our interest rates for each loan application.
| Bank of England Base Rate | Metro Bank Base Rate |
|---|---|
| 4.75% | 4.75% |
Find out more about the Bank of England Base Rate
Find out more about the Metro Bank Base Rate
Eligibility
If you’d like to discuss your Commercial Loan requirements with us, please come into a store or contact one of our specialist teams.
You’ll need to have a Commercial Current Account with us to apply for a Commercial Loan, and we will likely need some security.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a loan or other debt secured on it.
Get all the details on our Business Loan
Download our PDF to read when you like - it contains all the ins and outs of our Business Loans.
Business Loans Details (PDF) (170KB)
Our Service Relationship with Business Customers (PDF) (1.1MB)
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