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Term loans and revolving facilities
Business Lending
Borrow against your trading history rather than a form. Term loans to 250,000 and revolving facilities that draw and repay as your cash cycle demands — underwritten with the factors shown to you, not just to us.
from 7.4%
representative APR
Rates & fees
- Interest rate
- from 7.4% rep. APR
- Arrangement fee
- 1.5% of facility
- Non-utilisation
- 0.5% per annum
- Early settlement
- 1.0% in year one
What you get
Term loans
10,000 to 250,000 over one to six years, with the full amortisation schedule quoted before you sign.
Revolving facilities
Draw, repay and redraw within your limit. Interest accrues on the drawn balance only, day by day.
Underwriting in the open
The scorecard factors behind your decision are listed — turnover consistency, cash coverage, sector — in plain language.
Restructure, not reapply
Extend a term or adjust a facility against the same underwriting file. No new application, no new search.
Who can apply
The headline criteria, stated plainly. Full eligibility is confirmed during the application itself.
You will need
- At least twelve months of trading history
- Turnover evidenced by your account history, here or elsewhere
- Director guarantees for facilities above 50,000
- An ICB Business Current account for drawdown
How it goes
Tell us about the business
Company details, ownership structure and what you expect to use the account for.
Verify the people
Every director and significant owner completes ID and liveness checks online.
Get to work
Most applications are decided within two business days, with the reasoning shown.
Questions, answered
What do you lend against?
Primarily your trading history: turnover consistency, seasonality, cash coverage of the proposed repayment. Twelve months of account history — with us or via statements — usually replaces the business plan entirely.
How fast is a decision?
An indicative limit is shown immediately from your declared figures. A full decision with verified history typically lands within three business days, and either way the factors behind it are shown to you.
What does non-utilisation mean?
On a revolving facility, the undrawn portion costs 0.5% per annum — the price of keeping the capital committed to you. The drawn portion accrues the agreed interest rate instead, never both.
Open an account in under ten minutes
Verify your identity, choose your currency, and start moving money the same day.
Get started