Features and benefits
- Borrow from £25,001
- 1-25 year terms available
- Capital repayment holidays may be available
- Security may be required
- An arrangement fee will apply, up to 1.5% and dependent on the amount you borrow**
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 can not comfortably afford to repay now and in the future to avoid the possibility of legal action.
**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. To cover our administration costs for smaller facilities, there will be a minimum scale charge of between £100 and £250 resulting in the overall charge being more than 1.5%.
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 rate.
