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Products and Services
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Enterprise Finance
Guarantee
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Enterprise Finance Guarantee
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If you’ve got a strong business plan but no track record or financial security, borrowing money can be a struggle. Through this, we can still lend you money to get you off the ground, keep you going if things are tough or help you grow.
This is guaranteed by the Government, enabling us to offer loans (subject to status) to businesses that would not ordinarily be eligible for bank funding.
You can use the funds to help with a range of business needs, from buying assets to working capital (subject to certain eligibility criteria specified by the Department for Business, Innovation and Skills).
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Key features and benefits
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Free up your business cashflow with flexible, repayment holidays where you just pay the interest on the loan |
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Sums between £1,000 and £1,000,000 for any type of business at any stage |
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Loans are available for up to 10 years |
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The Government guarantees 75% of each loan made under the scheme – for this security, a fee of 2% per year on the outstanding balance is payable quarterly to the Government |
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Choice of fixed or variable interest rates, with the option to change during the term
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All bank fees can be added to the loan to help with your cashflow. |
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We offer a number of services for starting a business, including information and support to help you achieve your goals and set you on the right path.
We offer easy and affordable business insurance for a variety of business requirements, and can tailor make a policy just for you, so you get just what you need.
We’ve got a great flexible business loan for general business needs, with repayments to suit your business needs.
For all the day-in, day-out stuff like making and receiving payments, you can rely on your business current account for a flexible and secure service.
Many businesses need them, so many businesses have them. When your cash levels dip a little low, a business overdraft could help you through until the cash comes in again (subject to application and status).
Manage your day-to-day banking from your PC day or night: check your balance, apply for a loan or overdraft, pay bills and suppliers, and move money between accounts.
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