Cashback for Business
If you're looking for a business loan of £10,000 or more, or a commercial mortgage over £25,000, you may qualify for Cashback for Business.
Our guide to a successful lending application will give you an idea of how we can help you kick-start your dreams today.
If you have a turnover of more than £5m, please visit Corporate Banking
How it works
At Barclays, we continue to work to reduce borrowing costs for small to medium-sized business in the UK. As part of the Bank of England’s Funding for Lending Scheme, we are providing support in the form of upfront cashback to enable you to benefit from an immediate cash injection.
As part of Cashback for Business, if you take out a business loan of £10,000 or over or a commercial mortgage over £25,000, you could be eligible to receive cashback.
Key features & benefits:
- Get an immediate cash injection
- 2% cashback of the loan amount
- Available with some of our business loans and commercial mortgages, with a term of 3 years or longer
- Available for new and existing Barclays customers
Cashback for Business is available for a limited time only and funding is subject to availability.
Cashback for Business is not available for loans applied for online; for commercial and residential property investment or development loans; or for loans or Commercial Mortgages with staged or multiple drawdown.
Find out more about business loans and commercial mortgages.
In the case of partial or full early repayment, you may have to repay all or a proportion of any cashback paid. You may also have to repay all or a proportion of any cashback paid if you break the terms of your loan agreement. In addition, early repayment charges may apply if you repay all or part of the loan before the expiry of its term.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage.
Eligibility criteria
- Cashback for Business is available to businesses with an annual group turnover of less then £50 million
- Our usual credit assessment and lending criteria for business loans and commercial mortgages apply 3
- Barclays Business services customers with an annual turnover of up to £5 million. Commercial Mortgages and business loans are available to a maximum amount of £3 million
Ready to apply?
To find out more, and to apply, speak to your Barclays Business Manager. Or you can contact one of our lending specialists on 0845 300 9641 1.
If you’re new to Barclays call us on 0845 366 0597 2.
