Business Loans
Key features
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Fixed and Variable rate borrowing options
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Experienced Relationship Management team spread across the UK
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Specialist sector knowledge
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Clear, transparent and competitive pricing
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UK-based call and business processing centres
Lending that creates positive change
At Unity Trust Bank, we provide finance for businesses and organisations that want to create a better society.
Loans
If you need a business loan to help your organisation deliver real change, we can support you in a variety of ways including:
- Loans for refinancing
- Loans for business acquisitions
- Loans for property purchases
- Loans for refurbishments
- Loans for decarbonisation initiatives
Overdrafts
Short-term cash flow support to help cover unexpected payments. An agreed amount subject to a credit assessment and demonstrated need. Request a call back to apply for an overdraft* or to find out more.
*Overdrafts are subject to our eligibility criteria. Rates offered may vary between customers. Please refer to our Key Features Document for more information.
View our other products
Product information
| Amount available |
Variable: Between £250k and £10m Fixed Rate: Between £250k and £10m (fixed rate period between 24 months and 60 months) |
|---|---|
| Loan-to-value | Typically up to 70% |
| Repayment period | Typically up to 20 years |
| Interest Rate | Negotiated terms |
| Fees | Typically 1.5% of the loan value plus legal and valuation fees |
If the security provided is against a property or assets that you own, please remember that these may be repossessed if you do not keep up repayments on your loan.
Our business loans
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Fixed Rate Loans provide certainty as your loan repayments will not increase if interest rates rise during your fixed period. However, if interest rates fall during your fixed term period you will not benefit as your repayment amount will not decrease.
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If interest rates fall during the term of your loan, the amount you pay will decrease.
However, if interest rates rise, your repayments will also increase which may impact the affordability of the loan.
Standards of Lending Practice
Standards of Lending PracticeAs a lender we have committed to follow the Standards of Lending Practice for business customers. By adhering to the Standards we are demonstrating a commitment to ensuring that our customers are treated fairly.
Why we’re for you
Over £1bn in lending
Relationship Manager support
Delivering social impact
Kings Award for Enterprise
Customer Stories
“I like the fact that Unity Trust Bank helps people who help other people. Dentistry is a business but we’re also helping people with their teeth and self-esteem.
"Some lenders just see things from a business point of view, but Unity are very supportive of what we’re trying to achieve. I also like the personal service they offer.”
James Cooper Briggate Dental
“I had heard that Unity Trust Bank helped businesses that support local communities. After my initial meeting with relationship manager, Scott, I felt confident in his ability to guide me through my first pharmacy acquisition. Scott’s communication and timely advice assisted in keeping all parties involved in the lead up to successfully finalising the deal on time.
"I’m delighted to work with Unity as their values are very similar to mine. I’m also trying to help the local community and offer more services to those in need.”
Clare Brogan Broom Pharmacy
“Mike and the team have been incredibly supportive throughout this process. It is always a squeeze getting innovative projects like this over the line. Having a supportive banking partner like Unity who believe in what we are trying to do is crucial.”
David Nugent Canopy Housing
“I’m delighted to refinance with Unity. They are a very good fit for my portfolio from a social marketing side. Other banks were interested, but the whole bureaucracy of asking for something and it taking six months to sort out put me off. I like the old-fashioned way of being able to speak to someone and it getting done immediately.”
Danielle Hignett Hazel Tree Montessori Nursery
“When my loan agreement came up for renewal, I decided to switch to Unity as it gave my business the ability to grow at the pace I want. Unity offers a new concept in banking – it’s entrepreneurial, has good ethical grounding and an appetite for things that are relevant in the marketplace.”
Lyndsay Grant Little Learners
Want to talk to us? Request a callback.
If your organisation is committed to doing good in your community,
we’re always ready to discuss how we might be able to help.