Flexible Business Loan
Vary your repayments to protect your cashflow
A Flexible Business Loan from Yorkshire Bank can help you to manage fluctuations in your trading cycle. Protect your cashflow and get the funding you need. Simple and cost-effective, a Flexible Business Loan gives you the option to vary your repayments to suit the needs of your business.
- Available for amounts over £25,000
- Option to overpay during profitable periods and redraw funds later
- Select a preferred repayment pattern to match your business cashflow needs
To find out more, contact your Agribusiness Partner, arrange a visit to your local Financial Solutions Centre or call 08457 034 567.
More Benefits
- Versatile – aid budget planning and future development
- Personal attention – dedicated Agribusiness Partner can make fast decisions
- Save – make savings in interest charges by making overpayments with no early repayment charges
Further Features
- Low start repayment option (this option may result in higher than normal repayments following the expiry of the agreed period)
- Ability to make lump sum repayments
- Capital repayment holidays (interest will continue to be charged during this period)
- No early repayment charges
- Repayments can be structured around seasonal fluctuations
- Choice of higher repayments during your more profitable months and then redraw the funds later
Complementary Solutions
Important Information
- Interest rate
- Variable – available on request from your local Agribusiness Partner
- Standard interest rates can be found in the interest rates and charges section. Interest rates in respect of borrowing facilities are individually negotiated and the amount you are charged will depend on your circumstances - speak to your local Agribusiness Partner for more details
- Repayment type
- Interest Only or Capital & Interest
- With Interest Only option – you will need to plan a method for repaying the capital
- The first two redraws per year are free of charge. Any subsequent redraws thereafter will incur a fee
- Interest calculated daily
- Minimum amount – £25,001
- Maximum amount – negotiable. For amounts over £250,000 you may wish to consider a Tailored Business Loan
- Minimum term – 1 year
- Maximum term – 15 years
- Range of flexible repayment options available
- Costs
- Standard charges can be found in the interest rates and charges section. Other charges may apply which may be individually negotiated - speak to your local Agribusiness Partner for more details
- Terms and conditions
- Normal lending assessment applies
- No minimum redraw amount
- Security may be required
- Full terms and conditions are available on request
In the event of non payment, breach of covenant, or non compliance with terms and conditions, we may proceed to make a call on, or realise any security pledged in support of the borrowing.
Terms and conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.