Need to borrow money for your club, charity or society?
A not-for-profit making organisation may need an overdraft to stabilise its day-to-day cash flow or a loan to invest in equipment or property. Whatever the reason, we have a range of products to suit your needs.
Products
- Overdraft
Your organisation can, by arrangement borrow any amount up to an agreed limit. And, you’ll only pay interest on the money that you actually use. Please complete the enquiry form for more information.
- Base rate and fixed rate loans
We have different types of loans available to give you more options. Please complete the enquiry form to find out more from your relationship manager.
- Commercial mortgage
Looking to buy, refurbish or invest in property? Find out more about our base rate linked or fixed rate commercial mortgage by completing the enquiry form.
- Hire purchase
If you need to borrow over £7,500 to purchase new vehicles or equipment, you could consider hire purchase from Lloyds TSB Commercial Finance. Please complete the enquiry form for more information.
Charges
An arrangement fee is payable depending on the amount you borrow. Your relationship manager will inform you of the appropriate charge before any facilities are agreed.
For higher value loans we may also require security. The costs of taking any security will be discussed with you at the time of your application.
All property given as security which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.
All loans are subject to status. You should not apply for an amount that your organisation cannot afford to repay.
Is my club, charity or society allowed to borrow?
Charities and other organisations operate under strict rules which are laid down in their governing document. Before considering the possibility of a loan the trustees must ensure they have the power to borrow and hold a meeting to discuss how they will manage the borrowing. Your relationship manager will need to see a copy of the governing document and the meeting minutes.
Request more information
To request more information or a call back from a specialist relationship manager please complete the lending enquiry form.
