Rating based on 83 reviews

Ulster Bank

  • Business loans up to £250,000
  • Low-interest starting from 5.6%
  • Repayment up to 15 years

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Ulster Bank homepage
Author Ulster Bank. Screenshot of Ulster Bank website.
[Accessed March 22, 2020]

About Ulster Bank

If you have a great idea for starting a business and perhaps everything is in place except the business loan you need to make your dream a reality.

Well, then you are at the right place.

Business loans with Ulster Bank

They are a large retail bank, and one of the traditional Big Four Irish clearing banks. It was founded as The Ulster Banking Company in Belfast, Ulster in 1836. Ulster Bank provides a full range of banking, including business loans, and insurance services to personal, business, and commercial customers.

The Ulster Bank brand is used on the island of Ireland and has 146 branches in the Republic of Ireland and 90 branches in Northern Ireland. They also boast over 1,200 non-charging ATMs.

They offer business loans for as little as £1,000. Their maximum business loan terms available are 25 years with repayments at a rate that will suit your business.

Ulster Bank is passionate about business

With the dedicated staff at Ulster Bank, getting a business loan in the UK is easier than you might think. With over 6,000 staff members that have a passion for people and finance, the business loan you need is in good hands.

At Ulster Bank, they take pride in their unique and innovative approach to banking. More particularly, in their ability to create financial solutions that are tailor-made. They offer business loans that meet the needs of their wide customer base and their business needs.

Find the right business loan for you

The team at Ulster Bank will help you find the right business finance for you. According to how much you are looking to borrow, how you plan to utilize your business loan, and also what you are planning on putting up as collateral.

They offer a wide and exclusive range of business loans to help you reach your business dreams faster. By offering you flexible business solutions, they can give you business finance that helps you manage your money and budget easier.

Ulster Bank Services

Maybe you have had a dream to start your own business for some time now, but you don't know where to begin and how all of this works.

At Ulster Bank, they take pride in helping people to achieve their dreams and prosper in life.

Getting business finance is the first step to realizing your business dream. Deciding to use Ulster Bank for your business loan is a good start. Their dedicated team has been helping people make their business dreams come true for many years.

They offer a range of business solutions that are tailor-made to each individual. With them, you can access everything from a business loan to overdrafts, invoice finance and so much more. They know the finer details of starting your own business and they are ready to help you.

Competitive business loan offers for everyone

At Ulster Bank, they offer you secured and unsecured business loans. These business loans range from £1,000 up to £250,000 and have variable interest rates that are linked to The Bank of England's base rate.

Know what to expect with business finance

Let’s say you have your business plan and you have decided to take a business loan from Ulster Bank. Before you apply for your business loan you would like to know what you can apply for.

By visiting their website and making use of their online quotation tool, you can get that information. This business loan quotation includes APR, monthly repayments, and your total repayments.

Knowing what you can borrow in order to make your business dream a reality gives you confidence when you start the application process. The entire application process is done online.

Asset finance from Ulster Bank

With the asset finance service from Ulster Bank, you can buy essential equipment and vehicles without having to pay upfront for them.

Ulster Bank – Business loan

  • Loan Type Business loans
  • Interest Rate 5.69% p/a
  • Loan Amount up to £250,000
  • Repayment 1 year to 15 years

Benefits of Ulster Bank

  • Flexible reimbursement options
  • Funding for business purposes
  • Competitive interest rates

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Get a competitive business loans from Ulster Bank

Before you direct yourself to the business loan application section of the process, you need to make sure that you meet Ulster Bank`s business loan criteria

Criteria to meet

  • You must be over 18 years old.
  • You must live in the UK.
  • You can only take a business loan for business purposes.

If you meet these criteria you are now ready to start with the business loan application process. This application takes about 8 minutes to complete.

The business loan application process

You will be asked to provide information relevant to your business loan. You simply submit all the information and they take care of the rest. The first section will be about your business loan amount. The amount you would like to borrow and the repayment term will be required from you. Then you will be asked what the purpose of your loan is.

You will now be asked about yourself and your business. Ensure that your information is at all times truthful and complete. This makes your business loan decision easier. After you have completed your application you can submit it.

The next step in your business loan journey

At Ulster Bank, they know that waiting is a dreadful thing for many people. They want to return to you with a decision as soon as possible. After you submit your application you will receive an email confirming that your application is being looked at. They will then call you to discuss your financial information with you.

Sometimes they will request additional supporting documentation from you that supports your business finance application. As soon as you can submit the additional documentation to them, they can work through your business loan application quicker. Once they have everything they need, they take no longer than 2 working days to return to you with a decision.

Your business loan application is almost done

Once everything has been sent, reviewed and a decision reached, they will send you your business loan agreement for you to sign and return. As soon as they have received your signed agreement they will transfer the business loan amount into your preferred account.

Prosper with the right business loan from Ulster

Making the decision to get a business loan is a very important one to make. When you choose to take that step you want to know that your best interests are held close to the heart. Choosing Ulster Bank for that purpose is a wise choice. Take the step today and allow Ulster to help you prosper.

This allows you to manage your money more effectively. With this type of finance option, you can spread the cost of a big buy over a period instead of taking the cash from the business in a lump sum and risking cash flow problems in the future.

Why Ulster Bank's business loans are good

  • They offer capital repayment holidays.
  • Their business loan application is quick and easy.
  • Everything is done online.
  • They offer a free eligibility checker.
  • You can enjoy flexible repayment options.
  • Competitive interest rates.
man holding thumbs up

Ulster Bank is a trusted & reliable provider of business loans

In our review, Ulster Bank adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Ulster Bank is a registered credit provider in UK: FSA 122315

Customer Reviews & Testimonials

June 2021

With a business loan from Ulster Bank, we were pleasantly surprised at how much they cared for our dream. We were treated like royalty at every step of the process. The online application was a b...

Arlo Clarke
— Bristol —

June 2021

The most stressful part of starting our own business was the loan part. It was not until a friend referred us to Ulster Bank that we finally took that step. We have never looked back. Their servi...

Chester Davies
— Bath —

August 2021

Choosing Ulster Bank for our business loan was the best decision we could make. The whole process was quick, easy, and convenient. Everything was done online and it was hassle-free. The Ulster Ba...

Scarlett Martin
— Reading —

Ulster Bank Contact

Physical Address

Opening Hours

  • Monday 09:30 – 16:30
  • Tuesday 09:30 – 16:30
  • Wednesday 10:00 – 16:30
  • Thursday 09:30 – 16:30
  • Friday 09:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed