Shawbrook Bank Limited, established in 2011, is a specialist UK savings and lending bank regulated by the Financial Conduct Authority and Prudential Regulation Authority. It offers financing solutions focused on property, business, and consumer lending, accessible mainly through brokers and digital platforms. The bank suits experienced property investors, developers, and mid-market businesses looking for tailored funding options up to £30m. You can explore more about business loans and lenders on the Funding Agent site.
Key Features of Shawbrook Bank
Shawbrook Bank offers a range of features designed to address complex lending needs through digital convenience and expert support.
- Wide range of finance products including property, asset, and structured finance with up to £30m available – see asset finance options.
- Broker and digital-first application models allow quick indicative decisions, improving speed – learn about the loan application process.
- Offers funding for complex or non-standard cases not typically accepted by mainstream banks – check out asset-based lending insights.
- Loans can extend up to £30 million with flexible security including asset-based and cash-flow structures – detailed in asset-based lending.
- Dedicated relationship managers and sector specialists support larger business facilities; digital portal tools like MyShawbrook expedite processing – see tools available.
Funding Eligibility
Most Shawbrook products require typically at least 2 years trading history and exclude startups without a property or trading track record. Eligibility also depends on turnover, security provision, and sector exclusions. You may qualify if your business meets the minimum trading and turnover criteria with the right collateral and personal guarantees. Important references to check include loan eligibility requirements, personal guarantee requirements, and collateral requirements.
Loan Options
Shawbrook offers various loan types primarily focused on secured loans with specialized terms for property and business needs.
- Asset Finance: £15,000 to £25,000,000 with terms 1 to 7 years, typically fixed rates priced case-by-case. Includes up to 90% asset funding and VAT deferral options. Details on asset finance.
- Asset-Based Lending (Revolving & Term): £1,000,000 to £30,000,000 with 12 to 60 months terms, margins usually 2.50% to 4.50% over SONIA. Suitable for businesses with £10m+ turnover, secured by receivables and inventory. See asset-based lending.
- Wholesale & Structured Finance: £1,000,000 to £25,000,000, terms up to 5 years, margins between 3.00% and 6.00% over SONIA. Designed for finance companies with seasoned portfolios. More at wholesale finance.
- Commercial Investment Mortgage: £500,000 to £25,000,000, 3 to 30 years terms, with interest from 4.25% p.a. Accepts a variety of commercial property types. Covered under commercial mortgages.
- Residential Investment Mortgage: £50,000 to £25,000,000, 3 to 30 years, starting at 4.03% p.a., designed for experienced landlords or those with professional management. Refer to residential investment mortgages.
- Bridging Finance: £50,000 to £25,000,000, 3 to 24 months term, monthly interest rates from 0.40% to 1.10%. Available regulated or unregulated. See bridging loans.
- Development Finance: £1,000,000 to £30,000,000, up to 36 months term, interest from 6.50% p.a. Includes site acquisition and building finance with monitoring. Details at development finance.
- Second Charge Mortgage: £5,000 to £500,000, 3 to 30 years, starting at 7.30% APRC variable. Suitable for homeowners with equity, suitable for business or consolidation needs. Learn more at second charge mortgage.
How to Apply
Applying with Shawbrook typically involves broker-based digital channels supporting quick indicative decisions and fast funding. Required documentation typically includes financial accounts, management figures, bank statements, identity verification, and property or asset details.
- Submit your application primarily through online broker portals or direct digital tools for consumer loans using the application form.
- Provide necessary documents such as latest financial accounts and ID, in line with the loan application process.
- Receive indicative decisions often in minutes, with formal credit approval timelines typically 24 to 72 hours depending on due diligence, detailed in loan approval timeline.
- Complete agreements with digital signatures, benefiting from features like the MyShawbrook portal.
Funding Agent's view on Shawbrook Bank
Shawbrook provides specialist secured lending suited to experienced investors, developers, and mid-market businesses. It bridges gaps left by mainstream banks but may not suit startups or those seeking unsecured low-cost loans. For further assessment, use the loan eligibility requirements, check loan calculators, or compare with alternative finance loans.
