Interest Rates

Business

Business Overdraft

Margin over Bank of England Base Rate %

With an overdraft facility1

From 3%

Standard Debit Rate

Effective Date

Monthly %

Annual %

EAR %2

Quarterly interest

06.03.09

1.97

23.58

25.80

Monthly interest

1.97

23.58

26.30

Small Business Loan

From 7.9%1 AIR
(Annual Interest Rate)

An arrangement fee, currently £100, is taken when the loan is drawn down. This is added to the AIR to give the APR.

A quotation is always given before you take a loan from us.

Once a loan is taken, the interest rate is fixed for the duration of the loan

1 Interest rates are set on the basis of our assessment of your financial status.

2 Effective Annual Rate – This takes account of the interest rate and how often interest is paid and does not include any fee or charges.

All rates are quoted per annum, unless otherwise indicated.