This calculator is for illustration purposes only
All lending is subject to status, availability and our lending criteria. The right to decline any application is reserved. The monthly loan repayments shown above are indicative only and have been calculated based on a representative APR of 8.9%. The rates range from 5.9% APR - 24.9% APR. The interest rate you are offered will be based on a credit assessment of your circumstances. This will determine the amount of your monthly repayments. Once the loan is taken the rate is fixed for the duration of the loan.
Business Current Account customers representative example
Loan amount of £10,000 with a monthly repayment of £205.44 over a loan term of 60 months at a rate of interest per annum (fixed) of 8.6%. This is equivalent to 8.9% APR representative. Total amount repayable is £12,326.40. A representative example is an illustration of a typical small business loan and its total cost.