Jump 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 period of low confidence
Reported on Fri, 09 Jun 2006
Spending on the high street remained muted over May, new figures have shown, but taking a business loan could give companies the boost to revive their operations.
The latest consumer confidence index released by Nationwide reveals that a ten per cent fall in high street spending has brought about the lowest levels in the two-year history of the survey.
Indeed, the company claims that the only thing keeping some measure of confidence alive is the prospect of renewed GPD growth later this year, as anticipated by the Treasury.
"With consumers already burdened by high levels of debt, rising levels of individual insolvencies and high energy prices, it is no surprise that consumer confidence remains low," said Nationwide's executive director Stuart Bernau.
He expressed hopes that "perhaps the imminent start of the World Cup and the possibility of success for the England team will help lift spirits and give consumer confidence levels a much needed boost".
Companies feeling the pinch after a quiet year for retail spending could take out a business loan to reinvigorate production.
© Adfero Ltd