^£400k Business Overdraft - Apply Now

Businesses choosing a secured overdraft can access amounts from £50,000 to £1,000,000, with terms typically lasting 12 to 60 months and often renewable yearly. Interest rates range from 2.5% to 6% above base rate. The process includes a collateral assessment and credit check, and approval takes one to two weeks. Sectors like manufacturing and construction often benefit from this stability.

With unsecured overdrafts, borrowing amounts range from £5,000 to £250,000 and are available for 6 to 12 months, with the option to renew. Interest rates stand at 4% to 10% above base rate, and approval can be achieved in three to five days. The hassle-free process is well-suited to IT services, consultancies, and small retailers needing speedy solutions.

Revolving credit facilities provide between £10,000 and £500,000 for 12 to 24 months on a flexible basis, usually with interest rates of 3% to 7% above base rate. These involve a setup and review process, and decisions typically take one to two weeks. They are ideal for agriculture, hospitality, or wholesale businesses managing seasonal changes and working capital requirements.