Business loans
Are you thinking about growing your business, or making a large equipment purchase? We have a range of loans to suit your business needs. |
Key features
- Bank rate linked or fixed interest rate*.
- Capital repayment holidays available.
- Borrow any amount from £1,000.
Apply now
Online
By phone
Speak to your relationship manager or call us on 0800 022 4376 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to discuss your application.
Any 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 lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
*There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.
**A break cost may be applied on fixed rate loans, on any early or partial/full repayment of the loan. This could be substantial depending on the interest rate at the time.
Features and benefits
- Repay your loan over a term of up to 30 years.
- Borrow from as little as £1,000.
- Choose from fixed* or variable payments to suit your cashflow.
- If you have more complex financing needs, we may have an alternative solution that's right for you. Contact us on 0800 022 4376 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to speak to one of our experienced relationship managers.
Read our Charter to find out how we're commited to lending to businesses.
More information about business loans
If you would like more information before you apply either call 0800 022 4376 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) or complete our request for further information form.
Any 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 lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
*There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.
**A break cost may be applied on fixed rate loans, on any early or partial/full repayment of the loan. This could be substantial depending on the interest rate at the time.
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Details of conditions, charges and interest rates.
The fixed rate* is calculated on the full term of the loan. For fixed rate loan* amounts over £25,000 there will be an additional cost if you close your loan early**.
Tell us about your plans and needs, we will then agree the interest rate with you and let you know if we require any security. An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the loan.
Any 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 lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
*There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.
**A break cost may be applied on fixed rate loans, on any early or partial/full repayment of the loan. This could be substantial depending on the interest rate at the time.
How to Apply
To apply online for a business loan from Lloyds TSB you will need to confirm the following:
- you are a sole trader, partner, or director
- you are aged 18 or over
- you require the finance for business use.
Before you apply
Before you apply you will need to have the following information available:
- how much you would like to borrow
- the purpose of the finance
- how many months you would like to make the repayments over.
Please view our finance application checklist.
Online
Your online application will take about ten minutes to complete, once we have received it we will contact you to discuss your application with you in more detail.
By phone
Speak to your relationship manager or call us on 0800 022 4376 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) to discuss your application.
Request further information
If you would like more information before you apply either call 0800 022 4376 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) or complete our request for further information form.
Any 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 lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
