The Variable Rate Loan is designed for those who are comfortable with variable rates of interest, and who may want to pay off their loan early with no early repayment charges.
Borrow from £25,001 with no maximum upper limit, subject to credit approval
Repayment terms from 3 months up to 25 years
You can take the loan in instalments (tranche drawdown)
No early repayment charges, conditions apply
Repayment holiday available, subject to approval (conditions apply and you must keep paying the interest)
Arrangement and security fees may apply
The interest rate under our variable rate loan varies in accordance with the NatWest Bank base rate
We'll be in touch to talk through possible solutions tailored specifically to you.
Changes in the NatWest Bank base rate will affect the amount you need to pay to fully repay your loan. If you repay your loan from an account with NatWest or via Direct Debit, we will automatically adjust your repayments to reflect changes in the NatWest Bank base rate going forward (or, wherever possible, let you know if we are not able to do so for whatever reason). If you repay your loan via standing order from an externally banked account, we will be in touch to let you know the next steps required to adjust your repayments accordingly.
A Variable rate loan has a rate of interest that varies in accordance with the NatWest Bank base rate, so your regular instalment amount may rise or fall as a result.
Simply tell us a little about your business and we'll be in touch to talk through possible solutions tailored specifically to you.
If you have a Relationship Manager speak to them to discuss your needs, or phone us to speak with our dedicated team.
Lines are open 9.00am – 5.30pm Monday to Friday (except public holidays)
Customers with hearing and speech impairments can contact us by using our Relay UK Service: 18001 0345 711 4477
For more information visit the accessibility page
Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page
Before approving your request for funding, we need assurance that you have the ability to repay and you can keep up payments over a period of time.
Funding is crucial for most businesses, as an initial cash injection is often needed. You need to think about how much money you'll need and what type of funding will suit you best.
Good cash flow management is key to keeping a business afloat. We’ve got a seven-step guide to help you keep your cashflow nice and steady.
