At PTSB Business Banking, our Relationship Managers take the time to understand your unique business. So when you need us, we can respond quickly with solutions tailored to your needs.
Whether it’s for your Professional Indemnity Insurance, your Tax Return, or Practising Certificate financing, when the time comes for a loan, we’re here for solicitors. A Business Term Loan helps provide your practice with longer-term financial certainty.
We have short-term loans available along with competitive interest rates, and our dedicated team will support you from application to drawdown.
Note: An upfront facility fee of up to 1% of the loan amount may be charged at the discretion of the bank on Business Term Loans.
Warning: The cost of your repayments may increase.
Warning: If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
Once you have reviewed and collated your documentation, download and complete the below application forms:
Find out more information on how we process your application and how you can appeal credit decisions.
If you wish to make a full or partial redemption of a term loan ahead of the scheduled last repayment date, you can request an early redemption fee in writing from your local branch in advance of redeeming a term loan (in full) early..
Lending criteria, terms and conditions apply. Variable interest rates apply and are subject to change. Please see our Terms and Conditions and Personal and Business banking charges booklets for full details. Approval is subject to repayment capacity assessment and other lending criteria.
Security may be required, which may incur legal costs for the borrower. Your credit rating with PTSB may also be impacted where you have previously been refused an application for credit with PTSB.
