Flexible Business Loan
Flexible repayments to protect your cashflow
Manage fluctuations in your trading cycle. Protect your cashflow from seasonal fluctuations with a Flexible Business Loan . Cost-effective and convenient, it gives you the flexibility to vary your repayments to suit the needs of your business.
- Select a preferred repayment pattern to match your business cash flow needs
- Option to overpay during profitable periods and redraw funds later
- Available for amounts over £25,000
To find out more, contact your Relationship Partner, arrange a visit to your local Financial Solutions Centre or call 08457 03 45 67.
More Benefits
- Personal attention – dedicated Relationship Partner can make fast decisions
- Save – make savings in interest charges by making overpayments with no early repayment charges
- Versatile – aid budget planning and future development
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)
- Choice of higher repayments during your more profitable months and then redraw the funds later
- No early repayment charges
- Repayments can be structured around seasonal fluctuations
Complementary Solutions
Important Information
- Interest rate
- Variable – available on request from your Relationship 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 Relationship 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
- Interest calculated daily
- The first two redraws per year are free of charge. Any subsequent redraws thereafter will incur a fee
- Maximum amount – negotiable. For amounts over £250,000 you may wish to consider a Tailored Business Loan
- Minimum amount – £25,001
- Maximum term – 15 years
- Minimum term – 1 year
- 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 Relationship Partner for more details
- Terms and conditions
- Normal lending assessment applies
- No minimum redraw amount
- Full terms and conditions are available on request
- Security may be required
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.