The world's local bank
Interest Rates
Business
Finance & borrowing
|
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 |
01.03.12 |
2.46 |
29.50 |
32.9 |
|
Monthly interest |
01.03.12 |
2.46 |
29.50 |
33.8 |
|
Small Business Loan |
From 7.9%1 AIR |
|---|---|
|
An arrangement fee, currently £100, is taken when the loan is drawn down. This is added to the AIR to give the APR. |
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|
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 |
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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.
