Build your business with a Central Capital commercial loan - let us construct the best commercial loan for you

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.

 

 

Reported on Wed, 16 Aug 2006

Small firms could be turning to business loans after new research reveals that fraudsters are increasingly targeting the UK's small companies.

The Federation of Small Businesses (FSB) has issued a warning to its members following an increase in the number of fake calls from fraudsters posing as Companies House officials.

Taking a business loan out to cover the cost of setting up a secure online system may help smaaler firms to protect themselves from fraud.

David Croucher home affairs chairman at the FSB, said: "Company identity fraud, though still mercifully rare, is on the increase and can go undetected for a long time.

"When it does happen it can be devastating for small firms and in the worst cases, businesses can go bust because of it."

He went on to say that "trying to recoup money and sensitive information" after it has been stolen can prove to be extremely difficult for small companies.

Small business owners and self-employed tradesmen are advised to not respond to calls asking for private information.

© Adfero Ltd

Return to news index