Preferential Loan Rate

We have  introduced a preferential rate for new loans approved from Monday 19th July 2010 and drawn before 31 December 2010.

The preferential rate being offered is a reduction of 0.5%p.a. on our standard interest rate.  Our interest rates depend on size, type and length of loan but typically vary between 5.5% and 7.5%

The key features, terms and conditions of this promotion are as follows:

1. Open to new applications only.
2. Loans approved at a fixed interest rate are not eligible for the rate reduction
3. The rate reduction will be applied at loan drawdown.
4. All loan conditions must be met prior to drawing down the loan. The loan must be drawn in full before 31 December 2010.
5. The preferential rate applies for the full term of the loan.
6. Open to charities, social enterprise and other third sector organisations that meet our standard lending criteria.

Call our lending team on 01732 774050.

Or visit the loans section of our website here.