Bank of Scotland Corporate

General
These offers are available to companies turning over in excess of £5million. Individual product terms and condituions apply. Finance is provided for business use only and is subject to satisfactory credit assessment. Bank of Scotland Corporate is a division within Bank of Scotland plc. Bank of Scotland plc, The Mound, Edinburgh EH1 1YZ. Registered in Scotland, Registered number SC327000.

Cashflow
If required, subject to agreed processing conditions. This offer is available to companies turning over in excess of £5million. Cashflow Finance is a chargeable service after the expiry of 12 months. 6 month termination notice required. This offer is applicable to invoice discounting facilities only and is not available for the factoring service. Security may be required.

Offset for Business
Minimum loan amount £100,000. No effective interest is applied to current balances in excess of outstanding loan balance. Security is required.

£100 million funding
The interest free incentive is dependant on the transfer of the primary banking relationship. Alternatively a term loan could be offered with rates to be negotiated. There is a minimum qualifying amount of £500k. The interest free element is 50% of the loan facility and will be for the first 12 months. The maximum interest free element is £1million, minimum amount £250k. You may repay up to 20% of the initial loan over and above the normal repayment schedule without penalty. Interest rates based on Libour and rates are variable. If the term loan is repaid in full within 36 months then the interest free element will be recharged. Security may be required. The interest free fund is available until 30th September 2008 or until funds are depleted, whichever is the sooner.

Asset saver
Applies to UK businesses only with a minimum turnover of £5million. Selected credit account balances in excess of the combined finance balance will not attract further interest. Hire Purchase (HP) agreement must have at least 12 months to run and a cumulative value in excess of £50,000. Finance is provided for business only and subject to satisfactory credit assessment: Bank of Scotland Corporate, The Mound, Edinburgh EH1 1YZ.