Business loans provide a flexible source of funding to support current and future plans. From property refurbishment and expansion to stabilising cashflow, covering revenue gaps or settling VAT payments, a business loan could help.

We can help arrange a wide range of business loans and do not charge you anything.

•  Unsecured loans – against a personal guarantee
•  Secured loans - against property
•  Government backed loans (currently Recovery Loan Scheme)
• VAT & tax loans
• Professional Indemnity Insurance (PII) loans (i.e. to finance the annual premium)
• Short term loans (i.e. to purchase stock)

Business loans are normally provided at a cost, which is generally interest on the owed amount. Other fees and charges may be applicable, depending on the type of loan and the lender.

Arrangement fees are commitment or administration charges payable to the lender to reserve the funds and to cover opening costs. Lenders' fees will vary depending on the complexity of the business, its size and risk.

Interest is charged and will vary depending on risk of default. The most common types of interest rate will be fixed or variable (a margin over base rate or London Interbank Offered Rate [LIBOR]).

Insurance, especially key person insurance, may be a condition of the loan application. The amounts and cost of this insurance varies, obviously being dependent on the health history of the insured person.

Better rates can normally be obtained when the bank loan is secured, as the risk to the lender will generally be lower. The security provided by the borrower can be business assets, guarantees or security or third-party guarantees or security.

We'd love to hear all about your business.

•  suitable for medium- and long-term borrowing needs
• the loan amount, length of term, repayment schedules and type of interest rate can be tailored to suit the business, including both cashflow and income generation
• repayment holidays may be available
• funding is not dependent on giving up a share of the business
• this type of borrowing usually has a lower rate of interest than more flexible (ie short-term) options
• interest and arrangement fees are normally tax deductible
• the matching of fixed assets and long-term loans will improve the business’s net asset position on the balance sheet
• making timely loan repayments may improve the business’s credit score.