Variable Rate Loan

A flexible business loan with a variable rate

The rate may vary but the benefits don't.

The Variable Rate Loan is designed for those who are comfortable with variable rates of interest, and who may want to pay off their loan early with no early repayment charges.

Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Borrow from £25,001 with no maximum upper limit, subject to credit approval

Repayment terms from 3 months up to 25 years

No early repayment charges, conditions apply

Repayment holiday available, subject to approval (conditions apply and you must keep paying the interest)

Arrangement and security fees may apply

Changes in the Royal Bank of Scotland base rate will affect the amount you need to pay to fully repay your loan. Depending on how you repay your loan any change in the Royal Bank of Scotland base rate may require a review of your regular instalment amount

Variable Rate Loan Fact Sheet (PDF, 132 KB)

How does a Variable Rate Loan work?

Important info about our Variable Rate Loan

Get in touch with us today

Enquire online in just 2 minutes

Simply tell us a little about your business and we'll be in touch to talk through possible solutions tailored specifically to you.

Speak to our team

If you have a Relationship Manager speak to them to discuss your needs, or phone us to speak with our dedicated team.

Lines are open 9.00am - 5.30pm Monday to Friday (except public holidays)

Customers with hearing and speech impairments can contact us by using our Relay UK Service: 18001 0345 600 2230

For more information visit the accessibility page.

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page.

Additional support for your business

What we look for when lending money

Before approving your request for funding, we need assurance that you have the ability to repay and you can keep up payments over a period of time.

Funding your business

Funding is crucial for most businesses, as an initial cash injection is often needed. You need to think about how much money you'll need and what type of funding will suit you best. 

Cashflow and collecting money

Good cashflow management is key to keeping a business afloat. We’ve got a seven-step guide to help you keep your cashflow nice and steady.

Something else we can help you with?