Blog

SMEs

Lancashire business powering the world’s biggest stages secures £2 million boost

Lancashire pyrotechnics, special effects and laser specialist BPM SFX has secured a £2 million funding package from Allica Bank

By Allica Bank

2 minute read · 15 December 2025

SMEs

British beauty pioneer Cetuem expands with six-figure boost from Allica Bank

2 minute read · 10 December 2025

SMEs

Accelerating success: how The Workshop in Alton went from local garage to regional powerhouse with Allica Bank

3 minute read · 24 November 2025

SMEs

Magpas Air Ambulance funds take off thanks to new banking boost

2 minute read · 17 November 2025

SMEs

What’s in a name? How 'I-like-a' took over the Tube

2 minute read · 14 October 2025

SMEs

A fresh new look for your login

A fresh new look for your Allica Bank login: clearer, simpler, and just as secure. Find out what’s new and how to recover usernames or passwords.

By Allica Bank

1 minute read · 14 October 2025

SMEs

Allica delivers bridge-to-term loan for landmark Penarth property transformation

2 minute read · 30 September 2025

SMEs

DeskLodge secures refinance to power workspace refresh and brand revamp

2 minute read · 30 September 2025

SMEs

Local entrepreneur secures future of Bristol factory with Allica support

1 minute read · 24 September 2025

SMEs

East Lancashire manufacturer secures £10 million boost to support new ownership and growth plans

2 minute read · 4 September 2025

Criteria	Description
Loan size	£150,000 to £15 million
Repayment type	5-year interest only 5-year partially amortising
Arrangement fee	2.0%
Debt service cover	Commercial: 130% Semi-commercial: 120% Repayment cover calculated at pay rate for fixed rate mortgages and pay rate plus 2% for variable rates.
Early repayment charges	5 year fixed: 5%, 4%, 3%, 2%, 1% (years 1–5) Variable: 3% for the first 5 years

Criteria	Description
Loan size	£150,000 to £10 million
Repayment type	30 year capital & interest 5-year interest-only available at the start of the loan term for loans up to 75% LTV
Arrangement fee	1.5%
Debt service cover	130% Calculated on the rate not including the current account discount Repayment cover calculated at pay rate for fixed rate mortgages and pay rate plus 2% for variable rates
Early repayment charges	5 year fixed: 5%, 4%, 3%, 2%, 1% (years 1–5) Variable: 3% for the first 5 years
Owner-occupied hotels	Loans over 80% of VP value must be fully amortising from day one Personal guarantee to be given for any amount in excess of 70% of VP value

Criteria	Description
Loan size	£200,000 to £15 million
Repayment type	5-year interest only
Arrangement fee	2.0%
Interest cover	130% standard, 145% higher rate taxpayer Gross rent used for residential/ MUFB applications if; evidence of 3 months' loan repayments in cash via bank statements and one UBO/director with Experian Consumer score of 881+ plus a supporting personal guarantee. Otherwise we will use net rent assumption of gross rent minus 10%. HMO properties will always be assessed using gross rent minus 25%
Early repayment charges	5%, 4%, 3%, 2%, 1% (years 1–5)

Criteria	Description
Loan size	£500,000 to £15 million £5 million maximum loan for first time buyers
Repayment type	Capital and interest Experienced operators: 30 years First time operators: 20 years
Arrangement fee	1.5%
Debt service cover	130% adjusted EBITDA for children’s nurseries and experienced care operators 150% adjusted EBITDA for care first-time buyers Repayment cover calculated at pay rate for fixed rate mortgages and pay rate plus 2% for variable rates
Minimum size	Care homes: 20 bedrooms Specialist care: 4 bedrooms, if one or two properties, and flexible if there are three or more properties Children's nurseries: 40 places
Early repayment charges	5 year fixed: 5%, 4%, 3%, 2%, 1% (years 1–5) Variable: 3% for the first 5 years
Specialist care operators	Children’s learning disability care Adult learning disability residential care Adult supported living Minimum of three years as a specialist care home owner-operator required

Criteria	Description
Loan size	£150,000 to £10 million
Maximum loan to value	75% for residential and semi-commercial properties, 70% for commercial
Term	Up to 24 months
Fees	Arrangement fee of 2%, deducted from advance
Borrowers	UK registered limited companies, LLPs, partnerships and sole traders
Security	First legal charge over freehold or long leasehold title(s)
Insurance	Title insurance and search indemnity applied where possible
Valuations	AVMs and desktop valuations available up to 70%
Interest	Retained or serviced

Lancashire business powering the world’s biggest stages secures £2 million boost

British beauty pioneer Cetuem expands with six-figure boost from Allica Bank

Accelerating success: how The Workshop in Alton went from local garage to regional powerhouse with Allica Bank

Magpas Air Ambulance funds take off thanks to new banking boost

What’s in a name? How 'I-like-a' took over the Tube

A fresh new look for your login

Allica delivers bridge-to-term loan for landmark Penarth property transformation

DeskLodge secures refinance to power workspace refresh and brand revamp

Local entrepreneur secures future of Bristol factory with Allica support

East Lancashire manufacturer secures £10 million boost to support new ownership and growth plans

Explore award-winning business banking with Allica Bank