LIBOR Loans

For larger loans, LIBOR funding enables your business to access money market rates and match your funding needs to the term and currency required.

Key features and benefits:

• Interest rate linked to our LIBOR rate for the agreed fixture period/currency and fixed for usually 3 or 6 month periods, renewable thereafter
• Minimum amount usually £250,000, no maximum
• The maximum overall loan term is normally 25 years
• Flexible repayment terms, including interest only loans with bullet repayments at end of term or capital repayment holidays
• Available in a variety of currencies

NB: There may be a substantial charge to pay if you choose to repay this type of loan before the end of the agreed fixed period. We recommend that you seek legal advice before entering into such an agreement.

Please read the important legal information.