Car loans
If you’re looking to purchase a new or used vehicle, Shawbrook's car loans offer flexible financing solutions, enabling customers to manage their repayments effectively.
Who is Shawbrook?
Shawbrook Bank, established in 2011, is a UK-based retail and commercial bank offering a range of financial services. These include personal loans and savings accounts.
As well as serving individuals, it focuses on providing loans to small and medium-sized enterprises (SMEs) – particularly property investors – that may face challenges securing financing from traditional commercial banks.
The bank claims to pride itself on transparency, offering clear and competitive rates based on individual circumstances.
What types of loans does Shawbrook offer?
Shawbrook provides unsecured personal loans that can be used for various purposes, including:
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Home improvement loans
Homeowners looking to renovate or enhance their properties can apply for a home improvement loan to complete the work.
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Debt consolidation loans
Debt consolidation loans allow customers to merge multiple debts into a single, manageable monthly payment, potentially reducing overall interest costs and easing financial stress.
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Wedding loans
Planning a wedding can be financially demanding and a wedding loan can provide the necessary funds to cover expenses, ensuring that couples can focus on their special day with no immediate financial concerns.
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Business Lending
Shawbrook supports small and medium firms by offering a range of business lending products designed to accelerate their growth and help with investment in critical assets.
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Property finance
For property investors, Shawbrook can assist in purchasing new investments, refinancing existing portfolios, or raising additional funds to expand property businesses, catering to both residential and commercial property ventures
How much can you borrow with Shawbrook?
You can borrow from £1,000 to £50,000 and pay it back over one to seven years.
The basic criteria you'll have to meet before your Shawbrook application can be considered includes:
Being aged 21 to 75
Having been a UK resident for at least three years
Having an annual income of at least £15,000
Having a personal bank account in the UK
Having a good credit history with no outstanding County Court Judgement (CCJ)
Key features of a Shawbrook loan
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Unsecured personal loan
Shawbrook's personal loan is unsecured, meaning you don't put up an asset as security.
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Term and rate
Loan terms range from one to seven years. The interest rate is fixed throughout the term.
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Fees and charges
Shawbrook does not charge an arrangement or set‑up fee for its personal loans
How to apply for a loan with Shawbrook
These are the steps you should take to apply for an Shawbrook loan:
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Check your eligibility
Use the online eligibility checker to see if you qualify. It won’t affect your credit score
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Choose loan amount and term
Select how much you wish to borrow and your preferred repayment period
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Complete the application
Provide personal, financial, and employment details through the online form
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Credit and affordability check
Your application will be assessed based on a number of factors including your creditworthiness and your ability to repay the loan
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Receive a decision
If approved, you'll receive a loan offer to review and accept
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Receive funds
After acceptance, funds are typically transferred to your account promptly
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MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.
Frequently asked questions
How quickly will I receive the money?
If your loan application is successful, Shawbrook promises that funds will be transferred into your nominated bank account within three working days.
Are there any fees or charges?
There is no set-up fee for a personal loan, but an early redemption fee may apply which, as outlined in the Consumer Credit Act, could be up to 58 days interest.
Can I take out a joint loan with Shawbrook?
Yes, Shawbrook offers loans for joint applicants.
Can I use a guarantor for my loan?
Unfortunately not. Shawbrook does not offer guarantor loans.
What credit agencies do Shawbrook use?
Shawbrook uses Equifax and TransUnion (formerly Callcredit) as its reference agencies. Credit agencies provide an overview of your financial history and help lenders make decisions on whether to approve your credit application and what rates to offer you.
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Reviewed on 8 Dec 2025 by
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