Triodos Bank (SME Lending) Reviews

Triodos Bank offers business loans ranging from £100,000 to over £20 million and capital raising services from £250k to £10m. They focus on lending to organisations that support positive social, environmental, or cultural change, providing a dedicated relationship manager to borrowers.

Small business loans from £100k to £1 million cater to both start-ups and established businesses aiming for positive impact. The process is flexible and transparent, requiring mission fit alignment with Triodos values, potential security for loans, and adherence to social/environmental impact standards. Loans are publicly listed for transparency.

The lending process includes three phases: enquiry, application, and post-acceptance. It involves eligibility assessment, formal application with indicative terms, risk assessment, legal and valuation steps, and final fund release, with specific timelines such as a 7-14 day response for enquiries and about 4 weeks for application decisions.

Interest rates and fees are agreed on a case-by-case basis depending on risk assessment. Commitment fees may be non-refundable, and early repayment fees apply for fixed rate loans. Legal fees are paid directly to solicitors by the borrower. Triodos requires security for loans and may ask for personal guarantees in some cases.