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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 |
06.03.09 |
1.97 |
23.58 |
25.80 |
|
Monthly interest |
1.97 |
23.58 |
26.30 |
|
Small Business Loan3 |
AIR%4 |
|---|---|
|
£1,000 to £4,999 |
From 10.90 |
|
£5,000 to £14,999 |
From 7.90 |
|
£15,000 to £25,000 |
From 6.90 |
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.
3 Once a loan is taken, the rate is fixed for the duration of the loan.
4 Annual Interest Rate.
All rates are quoted per annum, unless otherwise indicated.
