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What are your interest rates?

Our annual interest rates range can from 4% to 12% and they’re fixed for the life of our loan.

How we decide which rate to charge

We consider each loan application we receive on an individual basis and take into account the following factors when we decide which interest rate to charge:

  • The creditworthiness of your business, which we assess using Equifax
  • Available security
  • Your business’ recent financial performance

Once we’ve assessed these factors we grade each loan application from band A to F helping us determine the interest rate we’ll charge.



Our latest interest rates

The following table shows the weighted average interest rate we charged on loans between 1 April 2017 and 30 June 2017, broken down per quarter and as a total:


Loans sanctioned per band

The following table provides a percentage breakdown of the total number of loans sanctioned by value per band between 1 April 2017 and 30 June 2017:




Comparing our interest rates

Our rates are competitively priced and comparable with peer-to-peer lenders providing loans in a similar risk profile.


We always consider each application individually and structure loans based on a fair evaluation of the business. Flexibility is key to our approach and the funding we offer is always tailored to the needs of the company. Backing SMEs in Wales is at our core and we’re proud of the diverse range of Welsh businesses we continue to help.

David StazikerTechnical Director