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A £14bn new lending fund to support businesses

Your business could apply for funding

We’re proud to be backing UK businesses. Explore our range of funding options.

We’re backing UK SMEs – with a new £14bn lending fund

Our lending fund1 could offer support to your business – even if you don’t bank with us.

We’re proud to be backing small and medium-sized businesses – so we’re making £14bn available to lend to help them grow and thrive across the UK.   

UK businesses are the lifeblood of the UK economy, and they’ll help the country make the best of periods of disruption and change. We’re passionate about helping your business cope with any changes and invest in jobs and growth, whatever your focus. We want to support the entrepreneurs, the farmers, the manufacturers, the house-builders, the new tech firms, the world-class research and development companies, and countless other businesses, based right across the UK.

 

What does the £14bn fund cover?

Business loans, commercial mortgages and overdrafts, including unsecured loans of up to £100k, and unsecured overdrafts of up to £50k2.

We’re offering a range of services for businesses. 

  • Over 100 local clinics and webinars to help explain the topics that matter most to businesses like yours – for example, Building Business Resilience, the General Data Protection Regulation (GDPR), Making Tax Digital, Cyber Fraud and Unlocking International Opportunities
  • A set of quick and easy online invoice finance solutions, in partnership with MarketInvoice3
  • Government schemes, like the Enterprise Finance Guarantee – which is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy and Industrial Strategy

Get in touch with your business relationship contact to find out more about these services.

Loans are subject to application and status. Overdrafts may be repayable on demand and are typically reviewed annually.

 

Are you eligible?

The fund is aimed at UK SMEs at several stages of growth and development (by SMEs, we mean small and medium-sized enterprises with fewer than 250 employees). For example 

  • Established businesses with ambitious growth plans
  • Start-ups with high growth potential
  • Companies with early-stage equity funding
  • Businesses focusing on innovation, R&D and technology

Loans are subject to application and status.

It’s easier than ever to get in touch and talk about your needs

Our relationship teams have the knowledge and expertise to give you practical help with the challenges businesses often face – like managing cashflow and working capital, exporting goods abroad, and making payments. We can also help you with business resilience and getting prepared for whatever the future holds.

You can contact us on the phone, in person, online or using our app.

  • If your business is a start-up or smaller business, you can call your Business Direct Managers at any time between 8am and 7pm from Monday to Friday
  • For more established businesses, with over £400k turnover, we have a team of over 1,100 dedicated relationship managers with financial and industry-specific expertise. They’re based in branches, at the heart of local communities and can support you in a branch, on the phone or by visiting your business
  • Almost half of our active customers have a pre-assessed borrowing limit they can see in Online Banking or our app, or ask us about on the phone or in a branch. That means money can be ready and waiting when you need it most (limits are updated daily, and can go up and down, depending on what’s happening in your business)

Thinking of applying?

Visit https://www.barclays.co.uk/business-banking/borrow/

If you’re an existing customer, get in touch with your relationship contact or give us a call on 0345 605 23454.

If you’re new to Barclays, give us a call on 0300 462 515.

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