As part of our ongoing commitment to help our customers achieve their ambitions, we want to ensure we can provide the additional support and flexibility our customers require when they need it most.
Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
Specific eligibility criteria apply.
The Rose Review into female entrepreneurship identified that disproportionate family care responsibilities is one of the main barriers that women mention when asked about starting or running a business. The report also states that financial institutions should do more to support entrepreneurs at the time when they might need it most because they have to look after their family. We want to offer you flexibility for your business, when you need it most.
A Family First event can happen at any time and we believe this shouldn’t impact your business’s needs.
We know that there are bumps in the road when it comes to running a business and we want to remove as many of them as possible when it comes to your finances. We could offer you the opportunity to take a repayment holiday on your variable or fixed rate loan or have your overdraft fees waived to help lighten the load. Please see our eligibility criteria for more information.
Starting from £500 up to a max facility size of £25,000
If you have a Family First event, you could apply for added benefits to your business, to help smooth any bumps in your income during this period.
Our normal overdraft criteria apply but we’ll waive the annual arrangement fee once during the Family First period.
If you already have an overdraft we’ll waive the renewal during the Family First period.
Starting from £25,001
If you think you need a more substantial investment in your business, you might want to consider applying for a Fixed or Variable rate loan.
You could take a Capital Repayment Holiday for an agreed period of time at the start of the loan or for a period of up to 6 months during a Family First event. You’ll still need to pay the interest and will switch back to a full repayment after that.