Please call an adviser on 01738 583008
2nd Charge Business Loans Can Help Your Business Grow
The Lending Channel
Date Published:24/03/2016



2nd Charge Business Loans can help your business grow. Great example from this month.

Client Conundrum - this haulage contractor needed £100k to buy new equipment to help take advantage of a large new contract. The usual asset finance route was closed due to his lenders not supporting his expansion plans.

Solution - a £93k 2nd Charge business loan (at max LTV of 75%) secured on the client's main residence at an annual rate of 6.45%. The broker fee was priced at a competitive £1,900 and our introducer received £1,128 for a case where the advice was given by us.

Category Tags TLC News, Secured Loans
The Lending Channel are members of the National Association of Commercial Finance Brokers (NACFB).
2/1 King James VI Business Centre, Friarton Road, Perth, PH2 8DY
Tel: 01738 583008 | Fax: 01738 500402

The Lending Channel are authorised and regulated by the Financial Conduct Authority.
Company number SC334818
Data Protection Act: Z2030159

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT

Request a Call Back
To comply with data protection regulations (2018), we are unable to store and use your information unless you give us your permission. Please select Yes to allow this. View our data protection policy for details.*
Web Design by Inspire