Flexible Business Loan
Vary your repayments to protect your cashflow
Manage changes in your trading cycle. A Flexible Business Loan allows you to protect your cashflow from seasonal fluctuations, while delivering the funding solution you need. Convenient and cost-effective, the loan gives you the flexibility to vary your repayments to suit the needs of your business.
- Select a preferred repayment pattern to match your business cashflow needs
- Option to overpay during profitable periods and redraw funds later
- Available for amounts over £25,000
To find out more:
- Call into your nearest branch or call 0845 606 4455
- If you’re an existing Business customer, contact your Business Manager
- Existing Business Direct customers, call 0845 606 4455
More Benefits
- Personal attention – dedicated Business Manager or Business Advisor can make fast decisions
- Versatile – aid budget planning and future development
- Save – make savings in interest charges by making overpayments with no early repayment charges
Further Features
- Low start repayment option (this option may result in higher than normal repayments following the expiry of the agreed period)
- Capital repayment holidays (interest will continue to be charged during this period)
- Ability to make lump sum repayments
- No early repayment charges
- Choice of higher repayments during your more profitable months and then redraw the funds later
- Repayments can be structured around seasonal fluctuations
Complementary Solutions
- Hire Purchase
- Financial Planning
Important Information
- Interest rate
- Variable – available on request from your Business Manager or Business Advisor
- Standard interest rates can be found in the interest rates and charges section. Interest rates in respect of borrowing facilities are individually negotiated and the amount you are charged will depend on your circumstances - speak to your Business Manager or Business Advisor for more details
- Repayment type
- Interest Only or Capital & Interest
- With interest only option – you will need to plan a method for repaying the capital
- The first two redraws per year are free of charge. Any subsequent redraws thereafter will incur a fee
- Interest calculated daily
- Minimum amount – £25,001
- Maximum amount – negotiable. For amounts over £250,000 you may wish to consider a Tailored Business Loan
- Minimum term – 1 year
- Maximum term – 15 years
- Range of flexible repayment options available
- Costs
- Standard charges can be found in the interest rates and charges section. Other charges may apply which may be individually negotiated - speak to your Business Manager or Business Advisor for more details
- Terms and conditions
- Normal lending assessment applies
- No minimum redraw amount
- Security may be required
- Full terms and conditions are available on request
In the event of non payment, breach of covenant, or non compliance with terms and conditions, we may proceed to make a call on, or realise any security pledged in support of the borrowing.
Terms and Conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.