Current Account Loan
Flexible finance to grow your business
Get the funding you need. A Current Account Loan from Clydesdale Bank offers short, medium or long-term lending to suit your needs.
- Raise funds up to £25,000
- Interest is calculated daily and applied quarterly
- Benefit from negotiable loan periods
To start a new kind of banking relationship, arrange a visit to your local Financial Solutions Centre or call 08457 03 45 67.
More Benefits
- Short-term loans can be used for working investment purposes
- Medium-term loans can be used for fixed asset purchases
- Long-term loans can be used for property purchases
Further Features
- The flexibility of loan term is consistent with the life expectancy of the asset being purchased (where applicable)
Complementary Solutions
Important Information
- Interest rate
- Variable – available on request from your Relationship Partner
- Standard interest rates can be found in the interest rates and charges section. Interest rates in respect of borrowing facilities are individually negotiated and the amount you are charged will depend on your circumstances - speak to your Relationship Partner for more details
- Repayment type
- Interest Only (for borrowing not regulated by the Consumer Credit Act) or Capital & Interest
- With Interest Only option – you will need to plan a method for repaying the capital
- Interest calculated daily
- Maximum loan amount - £25,000
- Costs
- Standard charges can be found in the interest rates and charges section. Other charges may apply which may be individually negotiated - speak to your Relationship Partner for more details
- Cheques books are not available on this type of account
- Terms and conditions
- Normal lending assessment applies
- Security may be required
- Full terms and conditions are available on request
In the event of non payment, breach of covenant, or non compliance with terms and conditions, we may proceed to make a call on, or realise any security pledged in support of the borrowing.
Terms and conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
Clydesdale Bank PLC is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.