LIBOR loans

Corporate borrowing for
larger sums

If your business needs to borrow larger sums of money (typically upwards of £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.

This type of loan gives your business access to money market rates - it is possible to arrange the loan in sterling, one currency or multiple currencies.

Arranging a LIBOR loan

Due to the typically larger amounts of borrowing involved, we normally only offer LIBOR loans to larger corporate customers. Your relationship manager will be able to guide you through the eligibility criteria.

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 of up to three years
  • Choice of repayment type - as well as the standard capital and interest loan, we can arrange interest-only or capital-only repayments

Legal information

You may have to pay a substantial charge if you choose to repay this type of loan before the end of the agreed fixed period. You should seek legal advice before entering into this agreement.