In October 2018, Virgin Money plc (Virgin Money) joined forces with Clydesdale Bank PLC (Clydesdale).If you have any products with Virgin Money, we need you to read some information before you apply. This includes how your Financial Services Compensation Scheme (FSCS) protection could be affected.
Get new equipment. Release funds quicker. Access the support you need to grow your business. Our range of flexible business loans and financial support products could help to keep your business’ financial management as simple and fluid as possible.
Working together, we can offer you:
Lending is subject to status and eligibility. Security may be required.
We’re committed to supporting our new and existing loyal business customers by making finance more accessible. With no arrangement fees on term loans up to £50,000, we’ll help you save money as you look towards making your vision a reality. For example, on a £50,000 term loan, you could save £1,250* on the cost of borrowing.
*This saving of £1,250 is calculated on the basis of a standard 2.5% arrangement fee being taken on a £50,000 business term loan.
All lending is subject to status. Applicants must be aged 18 or over and borrowing must be for new business purposes. Available to small business customers who have a telephone based relationship manager or account management team and have an annual turnover of up to £2m.
Terms and conditions apply. The no arrangement fees on term lending to £50,000 applies to new borrowing only for new and existing business banking customers.
Please note that security may be required. Any asset used as security will be at risk if you break the agreement and may be sold to repay your debt. Property given as security, which may include your home, may be repossessed if you do not keep up repayments on your borrowing.
Representative 9.7% APR on unsecured term loans up to £25,000
|Interest rate per annum (variable)
|Total amount of credit:
|Total amount repayable:
All loans offered are subject to status. This example is for unsecured loans of up to £25,000. The rate offered may differ from the representative APR shown.
Help accelerate growth with our flexible lending options.
Consider bringing your business plans to life with a commercial mortgage.
If you’ve made a lending application and been denied, you can make an appeal.
We adhere to The Standards of Lending Practice which are monitored and enforced by the Lending Standards Board.
Helping to unlock finance for smaller businesses in partnership with Clydesdale Bank
New business current account customers - start your business current account application process online.Apply now for a business current account application
New business savings account customers - start your business savings account application process online.Apply now for a business savings account application
Business Lending - Flexible lending options for new and existing customers.Enquire now about Flexible lending options