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The Co-operative Bank is an accredited lender under the Bounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS), and is therefore able to provide business finance and loans to businesses who have been particularly affected by the pandemic.
A direct lender founded more than 145 years ago, The Co-operative Bank is often associated with an ethical and community-focused approach to banking. It can offer businesses a variable-rate loan, charge card or overdraft facility.
You should only apply for a variable-rate business loan if you’re certain you can meet the repayment terms. You and any other key parties must also:
The interest rate you are offered will depend on factors like the amount you apply for, the term of the loan, the performance of your business and its credit rating. This may differ from the advertised “Representative APR”.
Existing customers can enjoy low rates for an impressive three years with The Co-operative Bank.
Those who already bank with the Co-op could enjoy a lengthy 0% balance transfer period with this card.
Find out how this cashback deal for Co-op members compares to other popular cashback cards.
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