Who is Shawbrook Bank?

Shawbrook Bank is a specialist lending and savings bank.
They challenge the conventional approach of mainstream banking by taking a more thoughtful, human approach to the way they support their customers and intermediaries.

What funding products does Shawbrook Bank offer?

Shawbrook offers a wide range of finance products for UK businesses to cater for a breadth of needs, including:

Asset finance 

Shawbrook Bank offers a range of asset finance facilities including hire purchase, leasing, sale, leaseback and refinance. Their facilities range from £1 million up to £35 million and can be used for a variety of asset types, including: 

  • Cars
  • Recovery trucks 
  • Haulage trucks 
  • Plant and machinery 
  • Recycling equipment

 

Leveraged finance 

Shawbrook’s leveraged finance is designed for businesses looking to fund an acquisition or a management buy-out, or simply invest in growth. Their facilities range from £1 million up to £20 million, with term lengths typically ranging from 3 to 5 years.  

 

Unsecured business loans 

Shawbrook’s unsecured business loans provide access to working capital. These can be used for different business purposes, including: 

  • Covering HMRC obligations, such as corporation tax, or capital gains tax
  • Refurbishing your business premises
  • Purchasing soft assets 

 

Development finance

For property developers across the UK, Shawbrook also offers development finance to support both heavy refurbishment and ground-up projects. Here are some of the key details: 

  • Loan amounts from £1 million up to £30 million
  • Maximum gearing 65% loan to gross development value (LTGDV) for new build and 70% LTGDV for refurbishment
  • Maximum 85% loan to cost

Shawbrook’s development finance can be used for the following purposes: 

  • Experienced property developers
  • New build, conversions and refurbishment
  • Residential, commercial and mixed-use developments
  • High value residential projects
  • Student housing, senior living and co-living
  • Care homes
  • Phased development schemes

 

Buy to let mortgages 

Shawbrook’s buy to let mortgages can be used for transactions from £40k up to £25 million. Their underwriting team specialises in more complex buy to let mortgages, so they can help with a variety of property types, including: 

  • Investment grade houses in multiple occupation (HMO)
  • Blocks of flats 
  • Large portfolios 

 

Commercial mortgages

Whether you’re looking to expand your portfolio, or want to start your property journey, Shawbrook’s commercial mortgages could help with facilities ranging from £150k to £25 million. Shawbrook’s commercial mortgages require at least a 25% deposit and can be used for a range of commercial property types. 

 

Bridging loans

If you’re looking to purchase a property at auction, or need short term funds, Shawbrook Bank offers bridging loans from £50k up to £25 million. Term lengths are up to 24 months and there’s no income requirement. 

Working with Shawbrook

With short reporting lines and access to key decision makers with specialist knowledge, Shawbrook offers their customers speed and flexible communication. They have an excellent TrustPilot rating of 4.7 stars out of 5. 

Compare Shawbrook and other lenders instantly

At Capitalise, we work with 100+ UK lenders, which means you can easily compare Shawbrook Bank to many other options available in the market. When you search for funding with Capitalise, we’ll match your business with the lenders most suited to your needs and you’ll be able to apply to up to four lenders in just one application for ease. With support from a dedicated funding specialist, you can compare all of your options to find the right solution for your business. 

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