The below cost calculator is for illustrative purposes only. The actual interest rate charged is subject to a risk assessment following connection and your Rapid Cash application is subject to credit assessment and approval.

How much will Rapid Cash cost?

Adjust the slider below with your expected facility limit and annual balance to calculate interest rates and fees.

Facility limit (up to £500k)

£25,000

Average annual balance (up to £500k)

£0

Total cost

£0

Fixed fee£0
Interest£0 (6.10% p.a. of average annual balance)

The interest rate shown is subject to a risk assessment following connection and your Rapid Cash application is subject to credit assessment and approval

Please remember, to be eligible for Rapid Cash, businesses need to have been trading for a minimum of 6 months and have an annual turnover of at least £100k. Businesses need to be Limited Companies or Limited Liability Partnerships in the UK. Security may be required. Product fees may apply.

How is interest calculated?

Interest is calculated daily on your outstanding balance and applied to your balance monthly. For example, if you borrow £15,000.00 for 1 day, and your rate is 6% (with base rate that’s 6.10%) then it will cost you £2.51.

What are Rapid Cash’s rates for limits up to £300k?

You're only charged for what you borrow, a rate that's calculated daily and charged once a month to your Rapid Cash account. There are no set-up, exit or monthly fees. For borrowing up to £300k, our rates range from 4.5%-8.5%, above Bank of England base rate and there are no arrangement fees.

What are Rapid Cash’s rates for limits above £300k?

You're only charged for what you borrow, a rate that's calculated daily and charged once a month to your Rapid Cash account. There are no set-up, exit or monthly fees. For borrowing above £300k, our rates range from 2.75%-6%, above Bank of England base rate and a 1.5% arrangement fee will apply.

How do I pay my interests and fees?

Interest is added to your balance at the end of each month and fees are added to your balance when incurred. Your customer payments will simply pay off your balance.

Questions? We’d love to hear from you.

Have a chat with our team to see how we can help your business grow. Give us a call on 0330 808 7830.