Redwood Bank
Letchworth-based challenger bank focused on commercial mortgages, owner-occupier and BTL loans for SMEs and professional landlords. PRA-regulated with FSCS deposit cover on linked savings. Pricing transparent and competitive on £250k to £2.5m commercial mortgages where high-street banks have stepped back.
Quick routing verdict
- Product: SME commercial mortgage and term loan.
- Ticket band: £250k to £2.5m.
- Decision time: 5 to 15 business days.
- Pricing: From 7.5% APR.
- FCA-authorised.
At a glance
- Legal entity
- Redwood Bank Limited
- Companies House
- 09872265
- Founded
- 2015
- Product
- SME commercial mortgage and term loan
- Ticket range
- £250k to £2.5m
- Decision time
- 5 to 15 business days
- Ltd-only
- Yes (FundBiz routes Ltd / LLP / partnerships of 4+ only regardless)
- Last reviewed
- 2026-05-08
Why we route here
- PRA-regulated UK bank with FSCS deposit protection.
- Strong on owner-occupier commercial mortgages and professional BTL portfolios.
- Transparent pricing and underwriting criteria.
- Direct underwriter contact on live cases.
When we route elsewhere
- Slower than bridging lenders for time-critical purchases.
- Hard credit search at full application.
- Below £250k they will not engage.
Best fit applicants
- Commercial mortgages £250k to £2.5m
- Professional BTL landlords
- Owner-occupier SME purchases
Where Redwood Bank is the wrong fit
- Sub-£250k tickets
- Speed-critical bridging
- Pure unsecured term loans
If declined by Redwood Bank
If your application to Redwood 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 Redwood 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 Redwood 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 Redwood 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.