Whether you’re planning an entire shop refit, developing a tool demo area, investing in a new piece of equipment or simply want to update some of your other equipment a Birmingham Bank equipment loan could help you get the most from your plans.
Our equipment loans could help you get the most out of your plans and help your business to grow. As with all of our loans there are no admin or arrangements fees and you can even pay the loan off early without penalty.
Spread the cost of your equipment over a manageable period of 12 to 60 months to ensure your equipment is up to date and the repayment meets your business plan.
Simply download and complete the form then follow the return instruction:
To get a secured loan, your business may be required to offer an asset, such as property, as security. Any property or asset used as security may be at risk if your business does not repay its loan(s). If you are taking out a business loan, we may ask for a Personal Letter of Guarantee (PLG) as a form of security. When you sign a PLG, you promise to take responsibility for repaying the loan if the business cannot do so.
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.
No fees payable
– No fees or penalties
– Decision made by a human
– Personal, reliable service
– No call centres
All loans are subject to our standard terms & conditions. The amount quoted is all you will pay. All applications are subject to approvalRepresentative Example: Representative 6.4% APR (fixed) on loan of £15,000 with 36 monthly payments of £457.92. Total amount repayable - £16,485.12. Loans from 5.4% APR. This is a fixed rate loan illustration and is not an offer to lend. The Bank's Base Rate is currently 0.40%. Birmingham Bank lending interest rates are linked to the Bank's Base Rate.