If you have a vision, a business loan could help make it a reality. We take a flexible and responsible approach to lending. Share your ideas, and we’ll help you choose what you can afford to borrow and how long you need to repay it.
We’ve supported Charities and Businesses for over 130 years and we prioritise business lending to organisations that deliver positive social impact, so you’ll be joining a group of like-minded people.
We will prioritise our business lending to those organisations in the UK that deliver positive social impact. We can provide competitively priced loans and commercial mortgages on terms up to 25 years.
We can lend for business expansion and working capital in the following sectors:
Health and Social Care
Faith Organisations; Churches, Religious Orders
Community, Arts, Heritage, Sports
Please see important information regarding Business Loan Support in the section named “Economic challenges and our support”.
We’re here to support you during these economic challenges
If you are struggling with your business commitments because of economic or inflationary pressures or interest rate rises we would encourage you to contact us at the earliest opportunity.
We are asking affected business customers to contact the Commercial department via email on firstname.lastname@example.org and would ask you to provide us with a background as to your circumstances, together with the following:
• Business name and post code • Best contact telephone number • Some brief details on your specific circumstances
We will review each case to establish how best we can support you during these challenging times. Remember we are here for you. We’ll continue to look at what we can do to support you.
Reliance Bank Base Rate
Reliance Bank base rate – currently 3% and will become 3.50% effective from 1st February 2023.
The changes outlined above will result in an increase to the interest rate applicable to your business loan. Your facility agreement sets out how your repayments will change.
The Sterling Base Rate of Reliance Bank is set by the bank from time to time taking account of the bank’s cost of funding. The rate does not automatically track the Bank of England Base Rate.
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