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A personal, director or member's guarantee may be required. Over 18s only. Subject to status, business use only.
Flexible borrowing
Borrow from £1,000 to £100,000 on a fixed interest rate, subject to approval. Quickly check possible loan and repayment amounts with our calculator.
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Get a free quote in 3 mins
Check what you could borrow and your rate before you apply by logging in with your Online Banking details - without affecting your credit score.
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No early repayment fees
With our Small Business Loan you won't pay set-up fees and early repayment or early closure fees.
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Apply in just 10 minutes, using your Online Banking details for a personalised experience. If approved, you could have the money within 24 hours.
What is a Small Business Loan?
A Small Business Loan could allow fast and flexible borrowing and could be suitable for small to medium businesses.
- You could borrow between £1,000 - £100,000, subject to approval
- With a fixed interest rate, your repayments stay the same throughout the loan
- Loan terms from 1 to 7 years
Fast, flexible funding for your business
Apply in just 10 minutes, using your Digital Banking details for a personalised experience. If approved, you could have the money within 24 hours
Borrow from £1,000 to £100,000, subject to approval
No set-up fees and no early repayment or early closure fees
A fixed interest rate, so your repayments stay the same throughout the loan
Loan terms from 1 to 7 years
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A personal, director or member's guarantee may be required. Over 18s only. Subject to status, business use only.
Representative example
Monthly repayments
£7,500
Interest rate % (fixed)
8.2%
Representative APR (variable)
£137.55
Total repayment
£8,253.00
85.19% of SME customers received an end quote that was the same, better or no more than 10% above their indicative quote.
Other amounts available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR. Representative APR (Annual Percentage Rate) is used for comparison purposes and shows the annual interest rate we expect at least 51% of customers who are accepted for and enter into a loan agreement with us to get. APR takes into account not just the interest on the loan but also other charges you have to pay, for example, any arrangement fee.
1. Calculate rates
Quickly check possible loan and repayment amounts with our calculator
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2. Apply online
Apply online, confirming your business income, assets, and address history
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3. Get funds
If approved, you could have the money in your account within 24 hours
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Important points to note before you apply
We calculate your rate based on the loan term, loan amount and your credit status
You'll need to make a repayment each month
You'll be paying off the capital and interest each month
You won't be able to take a repayment holiday
You can't take the loan in instalments (sometimes called a tranche)
Read our Small Business Loan fact sheet (PDF, 111KB) for more information
Have a Royal Bank Business Account?
Log in with your Digital Banking details and get a quote in 3 mins, without affecting your credit score. If you apply and get approved, you may have the cash in 24 hours.
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You could get your loan funds on the same day if you apply online, are unconditionally accepted, and sign your loan documents by 16:30 Mon – Fri. Sometimes we need to contact you for more information, so it may take a little longer.
Don't have Digital Banking? Register today
New to RBS?
If you don’t have a Royal Bank Business Account, you can still give our dedicated team a call to talk through possible solutions, tailored to you.
Lines are open 9.00am – 5.30pm Monday to Friday (except public holidays).
For quick info on lending, you can also chat with Cora, our digital assistant. To speak to Cora, click the ‘chat to Cora’ button the bottom right of your screen.
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Your top questions answered
Turn your long-term ambitions into action
Borrow from £25,001 with no upper limit on a variable interest rate, or up to £10m on a fixed interest rate, subject to approval.
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Invest in commercial premises
As a property owner, you may benefit from increases in property value. This could be a great way to grow your business.
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Other ways to borrow money
We have a range of borrowing options that could suit your situation, including a Commercial Mortgage and Business Overdrafts.
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