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Business Loans

Put your plans into practice

Could investing in new equipment give your business a boost? Maybe you’re looking to refurbish your property or start a new project? Whatever your plans, get them started with a fixed rate Business Loan.

To be eligible for a Business Loan you must also be a Santander Business Current Account holder.

  • Borrow from £1,000 to £25,000 (increments of £50).

  • Pay back over 1-5 years, depending on your needs. 

  • Manage your monthly costs with a fixed rate - from 7.9% p.a. to 12.9% p.a.

  • Easy to arrange - apply online or by phone. 

  • You’ll pay a one-off £100 Business Loan arrangement fee.

  • Early repayment charges may apply.

If you require a business loan over £25,000, please visit Corporate and Commercial Banking.

Please read the full product details and terms & conditions before applying. Other borrowing options are available,
such as overdrafts or asset finance; see our business borrowing and finance options to find out more.


How much will you pay?

Interest rate
From 7.9% p.a. to 12.9% p.a. The actual interest rate you’re offered is based on a credit assessment of your financial circumstances. Once the loan is taken, the fixed rate is set for the duration of the loan. Interest is calculated daily on the outstanding loan balance.

Arrangement fee
You pay a one-off £100 Business Loan arrangement fee.
Early repayment charges may apply.

Everything you need to know before you apply

We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.

To view these documents, you may need to download Adobe Reader.

Pre-Contractual Explanation
We've provided a summary below of the important information that's contained in the Pre-Contractual Explanation. The full version of this can be accessed via the link above. You should also read this before you apply.

What is a Business loan?
It's money that you borrow from us. The amount of the money that you borrow, the interest rate and the repayment time period are all fixed. We don't take security for a business loan.

What checks do you need to do for me to get a Business loan with Santander?
To apply for a business loan you must agree to us conducting a credit check on you. It's very important to provide accurate information in your application - we might decline your application based on the results of your credit check, or if you have provided false information.

How much do I have to pay under the agreement?
You pay a fixed amount each month by Direct Debit (made up of the original loan amount and the interest charged). Your credit agreement will detail how much you pay (in total and each month), and when the payments will be due.

What are the consequences if I do not keep up with repayments?
If you miss a repayment, we can deduct the missed payment from your other accounts with us. We will also record details with a credit reference agency which could damage your credit rating.
If you miss multiple repayments, your credit rating can be damaged and you might have legal proceedings brought against you or a charging order registered against your house.
To avoid getting into this situation please contact us if you are having difficulties in making your repayments.

Are there any features of the agreement which may operate in a manner which may adversely affect me?
You should read all documentation provided to you and consider the information carefully before taking out a business loan to make sure that it is right for you.

Your right to cancel
You can change your mind up to 14 days after you sign. If you do this, you must repay anything you owe.

Can I repay my Business loan early?
You may repay the loan in full at any time before the final payment is due. Details of how to do this are in your agreement.
A business loan is designed for borrowing a fixed amount of money for business purposes over the full term of the loan, however it can be repaid early, if you wish.

Existing Customers 

Apply online
If your business has up to two directors, owners (shareholders) or partners you can apply online

Apply by phone
Call us on 0800 313 4481. Lines open 8am to 6pm Monday to Friday.

Apply in branch
To see if a Local Business Manager is available to support you,  contact your local branch

New customers

To be eligible for a Business Loan you must also be a Santander Business Current Account holder.

What happens after I apply?
Our Business Loan is subject to status. If your application is approved, we'll send you a Business Loan agreement to sign and return. Once received, we'll pay your Business Loan into your Santander Business Current Account and take the Business Loan arrangement fee at the same time. Repayments are made by Direct Debit.




All lending is subject to status, availability and our lending criteria. The right to decline any application is reserved.

Frequently asked questions

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