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 verdict
- Product: Business banking and SME lending.
- Ticket band: £25k to £25m+.
- Pricing: Quoted at offer.
At a glance
Clydesdale Bank, 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
- No, the lender also accepts other structures
Where Clydesdale Bank is strong
- 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.
Watch-outs, and when another lender may suit better
- Brand rebranded to Virgin Money; legacy Clydesdale customers report service inconsistency through transition.
- 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, ask the lender for the reason in writing. Some alternatives are named in the watch-outs section above. See also our guide to why lenders decline, by reason.
Other lenders we list
- 365 Business Finance, Merchant cash advance (revenue-based finance)
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan, asset finance + 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.
FAQ
What can I borrow through Clydesdale Bank?
Clydesdale Bank offers business banking and sme lending. Ticket range: £25k to £25m+. Typical rate: Quoted at offer.
How long does Clydesdale Bank take to decide?
1 to 4 weeks
Who is Clydesdale Bank the best fit for?
First on the list: Established SMEs wanting a clearing-bank relationship. The full list is under Best fit applicants above.
When might another lender suit better than Clydesdale Bank?
First on the list: Speed-critical cases. The other cases are under Where Clydesdale Bank is the wrong fit above.
Send an enquiry
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Send an enquiry →Official site: Clydesdale Bank
Last updated: . By Adam Parker. FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.