New commercial borrowing discount

There is a new government backed discount available for commercial borrowing that many businesses have already taken advantage of.

The 1% discount has meant cases have been placed at rates from 2.55% for many commercial purposes, including business expansion and property purchase. It can be used on loan amounts up to £6 million and the discount applies for up to 5 years.

Please note the discount does not normally apply to solely commercial investment enquiries but if an investment deal is presented we do have lenders willing to apply it.

If you need more information, talk to us on 01902 585020.