Clydesdale Bank
Clydesdale Bank PLC (CN SC001111) remains the legal entity but the customer-facing brand is Virgin Money following the Virgin Money UK merger and rebrand. SME lending now sits inside the Virgin Money business proposition: term loans, commercial mortgages, asset finance and overdrafts. Old Clydesdale relationship banking has thinned out under the consumer-led brand.
Quick routing verdict
- Product: Business banking and SME lending.
- Ticket band: £25k to £25m+.
- Decision time: 1 to 4 weeks.
- Pricing: Quoted at offer.
- FCA-authorised.
At a glance
- Legal entity
- Clydesdale Bank PLC
- Companies House
- SC001111
- Founded
- 1838
- Product
- Business banking and SME lending
- Ticket range
- £25k to £25m+
- Decision time
- 1 to 4 weeks
- Ltd-only
- Lender accepts other structures, FundBiz routing is Ltd-only
- Last reviewed
- 2026-05-08
Why we route here
- Genuine PRA-regulated UK clearing bank balance sheet.
- Full SME product range: lending, deposits, transactional banking.
- Significant facility size available for established SMEs.
- FSCS deposit protection on linked accounts.
When we route elsewhere
- Brand rebranded to Virgin Money; legacy Clydesdale customers report service inconsistency through transition.
- Trustpilot scores well below challenger-bank peers.
- Slower than fintech alternatives on decisioning.
Best fit applicants
- Established SMEs wanting a clearing-bank relationship
- Asset-backed term lending
- Multi-product banking needs
Where Clydesdale Bank is the wrong fit
- Speed-critical cases
- Sub-2-year trading
- Self-serve fintech borrowers
If declined by Clydesdale Bank
If your application to Clydesdale Bank is declined, the FundBiz post-decline matcher routes by decline reason. Common alternatives in our panel are listed in the "When we route elsewhere" section above. See also our Clydesdale Bank decline runbook for sector-specific routing detail.
Other panel lenders
- 365 Business Finance, Merchant cash advance
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan + commercial mortgage
- Bizcap, Specialist post-decline / fast cash
How we rate Clydesdale Bank
This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.
Run the matcher
Tell us your turnover, sector and ticket size. We score against Clydesdale Bank and the wider FundBiz panel, then surface the lenders most likely to approve. Limited companies, LLPs and partnerships of 4+ only.
Open matcher →Last reviewed: 2026-05-08. By Oliver Mackman.