TSB is a direct lender, not a broker. Founded as the Trustee Savings Bank in 1810, TSB is one of the oldest and biggest names in British banking. Spun out of Lloyds Bank in 2013, it has 631 high street branches across the country. With 24-hour online account management and UK-based call centres, you can manage your money easily from anywhere at any time.
Whether you’re starting a business or you need a cash boost to help it grow, TSB could help with a fast and transparent business loan. It’s quick and straightforward to apply.
Use the fields above to estimate business loan costs.
To make comparing even easier we came up with the Finder Score. Costs, speeds and features across 50+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodologyTo make comparing even easier we came up with the Finder Score. Costs, speeds and features across 50+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodologyTSB offers two types of business loans:
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 your business’s credit rating. This may differ from the advertised “Representative APR”.
All lenders must calculate the APR of their products in the same way, and they must tell you the APR before you sign an agreement, so for consumers, it can be a handy tool for comparison.
Bear in mind, however, that lenders are only obliged to award this rate to 51% of those who take out the loan – the other 49% could pay more. That’s why it’s often referred to as the representative APR.
You should only apply for a TSB business loan if you’re certain you can meet the repayment terms. You must also:
To apply, you will need to call the TSB customer services helpline or visit a branch. You should have to hand:
Find out how a loan could help you to buy an existing business.
Revenue-based finance can offer more flexibility than other funding options. We explain how it works.
Learn more about the alternatives to a traditional business loan.
See how to get a business loan as a limited company in the UK, and how much you can borrow.
Find out how to get a loan if you work for yourself, including which lenders offer business loans for sole traders.
Peer-to-peer business loans aim to offer cheaper rates and an easier application process than more traditional lenders.
Sometimes an unexpected opportunity presents itself or a piece of equipment can break. We look at what you can do if you need money for your business as soon as possible.
Merchant cash advances allow you to get a loan and only pay it back when your business actually makes money. Find out how they work and compare providers.
We explain the various types of asset financing available to help you choose a competitive deal for your SME.
Discover how to find the best short term loan for your business.
