Borrowing
Business banking
Achieve your business ambitions with the help of our flexible lending options
Small Business Loan
- Repayment terms of up to 10 years
- No arrangement or security fees to set up your loan
- Fixed monthly repayments for easy budgeting
- Support throughout the loan term from your dedicated Business Manager
Directors guarantee may be required.
Fixed Rate Business Loan
- No product fees
- No early repayment charges
- A reduction of 1% on the interest rate is available for customers qualifying for the National Loan Guarantee Scheme
- Borrow between £25,001 and £250,000
Security may be required. Product fees may apply. Over 18s only.
ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT.
| You want to... | Interest rate | Minimum amount | Consider using a... |
|---|---|---|---|
| Manage everyday cash flow | Variable | None | |
| Acquire and use assets without having to buy them outright | Various options, details available on request | ||
| Get instant payment for invoices you've issued to your customers | N/A | ||
| You want to... | Interest rate | Minimum amount | Consider using a... |
|---|---|---|---|
| Know exactly how much you'll pay and make cash flow management easier | Fixed | £1,000 |  |
| Have flexible finance options to suit your particular business circumstances | Variable or fixed | None | |
| Fund your work in private practice | Variable or fixed | £5,000 | |
| Borrow money for a viable business enterprise - when you don't have collateral to offer in security | Variable or fixed | £1,000 (£26,000 for Fixed Rate Loans) |
Most lenders will ask you for a range of financial and other information before granting your business loan. Our Lending Checklist (PDF, 188KB) is a guide which sets out you the kind of information we'll be looking for and why. Every customer's circumstances are different, however, and as such we may not ask for all of the information in every case.
A guide to the Lending Code for Micro-enterprises
It's important that businesses know how they should expect to be treated by us.
With this in mind, RBS has contributed to creating The Lending Code (PDF, 249KB). The Code sets out how we will act fairly and reasonably in all our dealings with you: providing relevant information to you at the right time, assessing whether you can afford to borrow, advising you on what sort of information we'll need from you both before and after a credit product acceptance, providing help if you're experiencing financial difficulties and outlining how to make a complaint.
Sources of Non-bank Finance
Sometimes bank finance products may be inappropriate or unavailable to our customers. In these instances other non-bank finance sources may be more suitable.
As such, we have created a Sources of Non-Bank Finance factsheet (PDF, 137KB) which explains the benefits of a wide range of financial products now available to help businesses access the investment needed for them to grow and thrive.
Appealing a business lending decision
If you have applied for lending facilities which we've declined, you can ask for the decision to be reviewed using our lending appeals process. Find out how to make an appeal.
These pages are produced for general information purposes only and should not be regarded as a substitute for the specialist advice of lawyers, accountants and other business specialists.
