Lloyds Bank
Major UK high-street bank under Lloyds Banking Group. Full SME lending book for existing Lloyds business banking customers, with unsecured term loans up to around £500k and larger via secured facilities and commercial mortgages. Personal guarantee from a director typical. Mainstream criteria: 2+ years trading, clean credit, established Ltd company.
Quick routing verdict
- Product: Business loans, overdrafts, commercial mortgages, asset finance.
- Ticket band: £1k to £500k+ unsecured; larger via secured facilities.
- Decision time: 5 to 15 business days.
- Pricing: From around 7.4% to 12% APR for unsecured term loans.
- FCA-authorised.
At a glance
- Legal entity
- Lloyds Bank plc
- Companies House
- 00002065
- Founded
- 1765
- Product
- Business loans, overdrafts, commercial mortgages, asset finance
- Ticket range
- £1k to £500k+ unsecured; larger via secured facilities
- Decision time
- 5 to 15 business days
- Ltd-only
- Lender accepts other structures, FundBiz routing is Ltd-only
- Last reviewed
- 2026-05-08
Why we route here
- Largest UK SME banking customer base; relationship managers across regions.
- Full product range from £1k overdrafts to multi-million commercial mortgages.
- Competitive APR for top-tier applicants with existing banking flow.
- Established underwriting, FCA / PRA regulation, FSCS protection on deposits.
When we route elsewhere
- Hard credit search at application; no soft-search quote stage.
- Decisions take 5 to 15 business days for clean cases; longer above £100k.
- Decline rates high for sub-2-year trading and post-CCJ applicants.
- Sector exclusions standard (gambling, adult, CBD, vape).
Best fit applicants
- Existing Lloyds business banking customers
- Established Ltd companies 2+ years trading
- Borrowers wanting a relationship-led mainstream bank
Where Lloyds Bank is the wrong fit
- Sub-2-year trading
- Post-decline applicants with CCJs
- Speed-prioritised cases
If declined by Lloyds Bank
If your application to Lloyds 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 Lloyds 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 Lloyds 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 Lloyds 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.