Solutions for
- Managing cash flow
- Expanding your business
- Acquiring vehicles & equipment
- Purchasing property
- Selling your business
Finance options
- Loans and overdrafts
- Asset finance
- Property finance
- Financing trade
- Invoice finance
- Corporate & Structured Finance
Specialist options
- Debt capital markets
- Funding pension shortfalls
- CREST securities settlement
- Self-invested pension plan
Managing risk
LIBOR loans
Corporate borrowing for
larger sums
If your business needs to borrow larger sums of money (typically upwards of £250,000), a LIBOR (London Inter Bank Offered Rate) loan could be the best option. LIBOR rates can be very cost-effective ways of borrowing large sums of money.
This type of loan gives your business access to money market rates - it is possible to arrange the loan in sterling, one currency or multiple currencies.
Arranging a LIBOR loan
Due to the typically larger amounts of borrowing involved, we normally only offer LIBOR loans to larger corporate customers. Your relationship manager will be able to guide you through the eligibility criteria.
LIBOR loan benefits
- Borrow from £250,000 - and there is no maximum loan amount
- Fix your interest - usually for one, three or six months
- Payment holidays - your business can request a capital repayment holiday of up to three years
- Choice of repayment type - as well as the standard capital and interest loan, we can arrange interest-only or capital-only repayments
Legal information
You may have to pay a substantial charge if you choose to repay this type of loan before the end of the agreed fixed period. You should seek legal advice before entering into this agreement.