Variable Rate Loans
For Commercial Banking customers wanting to borrow funds for up to 25 years on a variable rate basis. The key benefits of this approach include capital repayment holidays, tranche drawdowns and no early repayment charges.
A term loan for amounts above £250k, priced against the London Interbank Offered Rate, plus an agreed margin. The term can be anything from 1-25 years.
A simple way to borrow the amounts above in currencies other than sterling.
Revolving Credit Facility
A Revolving Credit Facility (RCF) offers committed flexible funding for up to a maximum of 10 years, which can be drawn and repaid as many times as required to meet your short-term borrowing requirements up to the maturity date. RCFs are priced against the London Inter Bank Offered Rate (LIBOR).