Interest rates

We offer a range of interest rates tailored to the type of loan you go for and key factors about your business. 

Interest rates per product

We offer different interest rates and fees for each of our different products. The range of rates and fees are available below:

 
Loan Typeinterest rate range*Fees
CCA Regulated Loans*6.75% - 11.75%No arrangement fee
Micro Loans (up to £100k)6.75% - 11.75%No arrangement fee
Loans £100k – £10m6.3% - 12.5%1% – 2% arrangement fee
Property Development Loans6.25% - 10.25%2% – 4% arrangement and exit fees


 

Business loans

How we decide which interest rate and fees to charge

Each application we receive is considered on an individual basis. The  interest rate we charge will be based on the following factors:

  • The creditworthiness of your business, which we assess using a credit reference agency
  • Available security
  • Your business’ recent financial performance
  • The term over which the loan is being taken
  • What the loan is being used to fund

Our business loans are made up of:

  • CCA regulated loans of up to £25,000 provided to sole traders and partnerships. Interest rates range from 6.75% to 11.75%**, with an average rate of 11.32%.***
  • Micro loans of up to £100,000 (excluding the CCA loans referred to above). Interest rates range from 6.75% to 11.75%**, with an average rate of 10.57%.***
  • Loans of between £100,000 and £10,000,000. Interest rates range from 6.3% to 12.50%*, with an average rate of 8.50%.***

Micro loans offer fixed interest rates for up to 10 years; for loans above £100,000, rates are fixed for up to 5 years.

Fees

We do not charge arrangement fees on CCA regulated and micro loans.

On loans over £100,000, arrangement fees are between 1% and 2% of the loan.

 

Property development loans

How we decide which interest rate and fees to charge

Each application we receive is considered on an individual basis. The interest rate  and fees we charge will be based on the following factors:

  • The experience and delivery capacity of you as a developer and your surrounding professional team, including main contractor
  • Your financial commitment to the project
  • The ratio of loan to Gross Development Value
  • The financial performance of your business
  • The size and complexity of your project
  • The likely demand for your finished units


Interest rates range from 6.25% to 10.25%**, with an average rate of 7.82%.***

Fees

Total fees ranging from 2% to 4%.
 

*CCA regulated loans refer to loans or credit agreements regulated by the UK's Consumer Credit Act (CCA) 1974.
**Rates calculated from annual pricing guidelines last updated May 2026. 
***Average interest rate is calculated using a weighted average from loans made between 1st April 2025 and the 31st March 2026.


 

Discounted rates

Our Green Business Loan Scheme offers an incentivised funding package to support business moving towards sustainability and reducing their carbon missions. This includes discounted fixed interest rates on green business loans for energy efficiency measures and low carbon heat installations.

Through the property development finance funds we manage we have a Green Development Incentive that offers up to a 2% reduction in loan fees*** for residential developers who can meet key green standards for new build projects. 


***For example, if your total arrangement and exit fees were calculated at 3.5%, and you qualified for the maximum Green Development Incentive, your total fees could be reduced by 2%, bringing them down to 1.5%