General principles

You may be able to borrow a substantial percentage of the total start-up or entry costs:

• for well-established franchises with a proven track record, we'll generally lend a higher proportion of the total start-up or entry costs, including any working capital requirements
• the term of any loans will be no longer than that of the initial period of the franchise agreement
• with some loan products, you can pay just the interest when you first set up your loan, so you can focus on your business
• if you start up a franchise, you could also receive up to 2 years free banking.

Please read this important legal information

More details:

• the term of any loans will be no longer than that of the initial period of the franchise agreement
• following a payment holiday, your repayment instalment(s) will simply be increased to include that element of capital that would ordinarily have been applied during the holiday period
• interest will continue to accrue whilst any payment holiday or underpayment option is taken. Following a payment holiday or period of underpayment, your payments will be increased to include the interest that you would have paid during this period
• we grant overdrafts on the basis of an annual review. We may extend the overdraft facility in the first few months of the business for any recoverable Value Added Tax
• we may ask for security as collateral for loans and overdrafts. If you don't have security, you may be able to use the government's Small Firms Loan Guarantee Scheme - ask your Area Franchise Manager for details
• we agree interest rates locally and they'll depend upon your business sector and status, how long you need to borrow for, and the type and value of security provided

Security may be required. Over 18s only.

To find out more, please call the NatWest Franchise team on 0800 092 9117, Monday to Friday 9am to 5pm (ex public holidays) or visit your local NatWest branch.

To find out more about borrowing for non-franchise purposes, please see our Borrow pages