Loan — Key Terms

Unsecured Loans

Loans from £50,000 to £250,000 from 3 to 12 months. Interest rates are competitive depending on company status. A 2% arrangement fee applies which is deducted from the funds transferred. No early redemption penalty, subject to a minimum 3 month term plus one month's notice. Directors' personal guarantees are required. Loan documents require the borrower to not take on any additional borrowing during the loan term without prior agreement or redemption of the outstanding loan amount.

Secured Loans

Loans from £50,000 to £500,000 from 3 to 24 months. Interest rates are competitive depending on company status and strength of security. A 2% arrangement fee applies which is deducted from the funds transferred. An annual monitoring fee of 0.5% also applies.

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