 |
 |
| Small Business |
|
Variable Rate Flexible Business Loan
A Flexible Business Loan can be arranged for virtually any type of capital
expenditure:
- If the Royal Bank’s Base Lending Rate falls, you can benefit from lower
repayments
- Repayments can be structured to suit your business needs
- You can repay the loan in full at any time without
incurring any penalty costs
- Maximum term 25 years
- Minimum loan amount £10,000. No maximum amount
To give you even more flexibility we also offer the following options:
- Low Start: Pay only 30% of the standard repayment amount for the first 6
months, then 60% for the next 6 months. Full repayment only begins in the
second year of the loan.
- Capital Repayment Holiday: Subject to agreement at the outset, suspend
capital repayment for up to three years at the start of the loan.
Capital & Interest Repayment Holiday: Make no repayments of capital or
interest during the first 12 months. Interest is added to the loan and capital
and interest repayments begin after 12 months.
Repayment Frequency:choose from monthly, quarterly, half yearly or annual
payments.
Stage drawdowns: draw the loan in up to three stages and save on initial
interest costs.
Lump sum payments: pay in lump sums without penalty (subject to a minimum
of £1000) and choose to either repay your loan early or reduce the amount of
your loan repayments.
Bullet Repayment: pay interest only during the term of the loan. Repay one
capital repayment at the end of the term.
For a Flexible Business Loan leaflet contact us
or call 0800 521 607.
For an electronic copy of the
"Business Flexi Loan" leaflet,
click
here*.* To view pdf documents, you will need
Adobe Acrobat Reader.
 |
|
|
|
|
|
|
|
|
|
|