Term Loan

• Borrow £25,001 and above over an agreed term
• Make a single or staged drawdown – and match repayments to your income
• Choose from fixed or floating¹ interest rates, or combine both
• Available in Sterling and other currencies, so you can match your loan to overseas income, reducing the need for Foreign Exchange risk management.

• Provides funding for a range of business needs, such as consolidation of existing debt or to purchase assets to enable growth, such as plant, machinery and property
• Offers a flexible repayment structure so you can match payments to your cashflow
• Available with a choice of terms, repayment profiles, interest rate structures and currency denominations so you can tailor the loan to your business needs.

• The product referred to in this webpage is subject to separate terms and conditions.
• For fixed rate loans, should you decide to repay early or cancel, breakage costs may be payable.
• Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your borrowing.
• Additional fees and borrowing costs will be applicable
• A GBP facility for this product does not require that you hold a Barclays Business Current Account.

Barclays Bank PLC adheres to The Standards of Lending Practice for Business Customers which are monitored and enforced by The Lending Standards Board^.

¹ Negative interest rates: If your facility is aligned to a floating reference rate (e.g. Bank of England Bank Rate) and that rate falls below zero then it will be deemed to be zero i.e. the total interest rate charged for that facility will never be less than the facility margin.

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