Lloyds Bank Business Loan
Lloyds Bank offers business loans from £1,000 to £100,000 with terms ranging from 12 to 84 months and an APR between 5.0% and 15.0%.
Last checked on September 4, 2026. We may earn a commission when you click through.
Lloyds Bank Business Loan
Updated 1 month agoAPR Range
5.0–15.0%
Amount
£1k–£100k
Term
12–84 months
Type
business
You'll be redirected to lloydsbank.com
Our Verdict
Lloyds Bank provides for established businesses needing flexible funding, but the APR can be steep for those with lower credit ratings. Be prepared for a possible lengthy approval process if you don't have an existing account with them.
Best For
Small to medium-sized enterprises with a good credit history looking for substantial loans to expand operations.
Watch Out
Applicants without a Lloyds business account may face stricter approval conditions.
Pros
- No early repayment fees
- Flexible loan amounts
- Quick approval time for existing customers
- Online application available
Cons
- Higher APR for lower credit scores
- Preference for Lloyds account holders
- Potentially lengthy approval for new customers
- Limited to UK-based businesses
Full Review
This loan from Lloyds Bank has a competitive range of £1,000 to £100,000, making it suitable for various business needs. The APR ranges from 5.0% to 15.0%, which can be on the higher side for those with less favourable credit ratings. Approval typically takes 1-3 days, which is decent but may vary depending on your banking history with Lloyds.
The absence of early repayment fees is a notable advantage, allowing businesses to pay off their loans without incurring extra costs. However, the preference for applicants with a Lloyds business account could limit access for some. Businesses might find better options elsewhere if they require quicker funding or have less than stellar credit.
Customer service feedback indicates that response times can vary, so it's wise to be patient during the application process. Overall, while the loan offers flexibility, carefully consider the terms and their credit standing before applying.
Who Is This For?
Established UK businesses seeking financial support for growth who have a solid credit history.
What Borrowers Say
Users appreciate the loan's flexibility but express concerns about high interest rates and application complexities.
Summary
Lloyds Bank provides business loans ranging from £1,000 to £100,000 with terms of 12 to 84 months and an APR of 5.0% to 15.0%. For more details, visit their official site.
About This Loan
Requirements
- UK-based business
- Lloyds business account preferred
- No early repayment fees
- Online application available
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