Business Term Loan
Flexible loans to match your business needs
Security may be required.
Your home or property may be repossessed if you
do not keep up repayments on your mortgage
Our Business Term Loan is designed to suit the unique financial needs of every business. You can borrow any amount and use it for virtually any purpose.
A Business Term Loan of any amount, over any term, can be used for almost any business purchase. Your Business Manager will work with you to select the arrangement that best suits your needs and your cashflow position. If your circumstances change, we will help to make any necessary adjustments, helping to keep your business on track.
Benefits of a Business Term Loan
- Variable or fixed rates - choose a fixed rate to enjoy the peace of mind of fixed monthly repayments or opt for a variable rate linked to the Bank's base rate
- A range of repayment holiday options - take a payment holiday at the start or even during your loan to boost cashflow. Interest will continue to accrue during the payment holiday and your monthly payments may increase afterwards
- Choice of repayment styles - choose capital and interest, capital only or interest only basis
- Choice of repayment frequencies - make your loan repayments monthly, quarterly, half yearly or yearly
- Staged drawdown - save on interest costs and benefit from lower initial payments
- Make lump sum repayments - use surplus cash and reduce interest costs
Discounts on business loans
For a limited time, we can offer a discount on our usual pricing for Business Term Loan borrowing.
NatWest has contributed to creating The Lending Code (PDF 249KB) which outlines what small business customers should expect.
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| Option | How it works |
|---|---|
| Capital or capital and interest payment holiday | Pay nothing at all or just the interest by taking a payment holiday at the beginning or during the term of the loan. Payment holidays are designed to give you breathing space. Interest will continue to accrue during the payment holiday and your monthly payments may increase afterwards.. |
| Staged withdrawals | If you don't need all of your loan at once, you can take it in stages. This will save you money as you pay interest only on the amount of the loan you've drawn down. |
| Make lump sum repayments | You can make good use of any surplus cash your business has by making a lump sum payment at any time. |
| Change payment frequency | Change your repayment frequency - to weekly, monthly or quarterly - whatever suits your cash flow situation best. |
Payment holidays
Taking a payment holiday, paying less when you need to, taking money when you need it and changing your repayment frequency are all subject to satisfactory conduct of your accounts.
Interest will continue to accrue during the payment holiday and your monthly payments may increase afterwards..
Early repayment
An early repayment charge may apply if a fixed rate loan is repaid early during the fixed period.
Apply now
Call us on
0800 404 7854
Minicom
0800 404 6161
Lines are open: Mon to Fri 8am-7pm (excl. public holidays).
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