Business Loans, also known as practice loans, are used to fund investment when you need it and can be used for various purposes, including buying into or starting up a new business, a renovation or simply to cover multiple overheads.
This product is suitable for those who need the funding to start, grow or manage their business.
It’s often used to fund intangible investments, like training, professional development, and energy efficiency.
It will enable you to purchase multiple elements required from new windows and doors to IT equipment and furniture, under one agreement.
Simply tell us how much you wish to borrow, the purpose of the loan and the term you prefer. No deposit is required, and the loan will be tailored to suit you with fixed payments over an agreed term.
With our in-house specialist underwriters providing quick decisions the funds will be paid by Faster Payments into your bank account within an agreed time.
Products and services are subject to eligibility, status, terms and conditions and availability. All lending is subject to status and our lending criteria. The right to decline any application is reserved.
If you miss or expect to miss a repayment under your business loan agreement, please get in touch with us straight away to discuss it with our team.
The risks of missing a repayment under your loan agreement are that we may:
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