The Royal Bank of Scotland has launched a £200m commercial property fund aimed at customers across the Solent and Wessex business community.

The fund is available to existing and prospective Royal Bank of Scotland and NatWest customers.

The bank says Southampton businesses looking for property financing would benefit from a competitively-priced commercial property fund as well as access to experienced property specialists who could offer tailored financing to suit most customer needs, whether they be manufacturers, distributors, wholesalers or retailers.

Ian Brown, director of commercial banking, at the Royal Bank of Scotland, Southampton, said: "The launch of our £200m commercial property fund reflects our continued commitment and understanding of businesses locally.

"Managing cash flow to keep up with working capital needs is a dilemma facing many growing businesses.

"Our experience of providing custom-made solutions, coupled with access to a full range of corporate banking and financial markets products, allows us to structure financing that will help businesses to achieve liquidity for growth and working capital needs."

Customers searching for funding on deals up to £2.5m will benefit from a 48-hour turnaround on credit decisions.

Those customers looking for funding above £300,000 will also get a free no-obligation review of hedging strategy by property specialists, custom-designed to support their business plans.

Both banks have a significant number of offices throughout Solent and Wessex region.