LIBOR loans

Borrowing for larger sums

If your business needs to borrow over £250,000, a LIBOR (London Inter Bank Offered Rate) loan could be the best option. LIBOR rates can be very cost-effective ways of borrowing large sums of money.

LIBOR loan benefits

  • Borrow from £250,000 - and there is no maximum loan amount
  • Fix your interest - usually for one, three or six months
  • Payment holidays - your business can request a capital repayment holiday
  • Choice of repayment type - as well as the standard capital and interest loan, we can arrange interest-only or capital-only repayments

Legal information

There may be a substantial charge to pay if you choose to repay this type of loan before the end of the agreed fixed period. We recommend that you seek legal advice before entering into such an agreement.