Homepage
Application Form
Loan Calculator 
Loan Options 
Loan Rates 
Customer Examples 
Contact UsJump straight to information about the type of loan you require.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The overall cost for comparison is 11.6% APR. The rate is variable and based on a usual case, including a broker fee of £2,000 and other fees of £1,330. A valuation fee will be payable. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
News Headlines
- Wage increases to impact SMEs?
- Small firms optimistic about future trading prospects
- Online opportunities for SMEs
- SMEs warned to secure IT networks
- Small firms at risk from fraud
Business loan for hard-pressed smaller firms
Reported on Fri, 26 May 2006
Small firms are suffering through a lack of government support, warns new research, but taking out a business loan could help companies find new ways to boost their profits.
A study by the National Audit Office has criticised the existing framework for the government's Small Business Service, claiming that it has been held back by limited funds and lacks the support and information available for other executive departments.
The report highlighted the fact that 150,000 small businesses had difficulty in raising external finances last year, while the government scheme was only able to assist 6,000 of them.
Sir John Bourn, head of the NAO, argued that "government needs a better appreciation of its impact on small businesses and simpler performance management arrangements, if it is to achieve its aim - to make the UK the best place in the world to start and grow a business".
CBI president Sir Digby Jones added: "The SBS doesn't have enough clout with, or cooperation from, other parts of government to properly deliver its objectives and it has no credible system to evaluate its success, or otherwise, on behalf of small business."
Companies feeling squeezed by current market conditions could take out a business loan to gain time to explore new avenues for building up their profits.
© Adfero Ltd