Loan

We recently got a 500,000 business loan approved through a bank. We have not signed any paperwork yet?

but we do have the credit. Both of our leases on our cars are up right now and we need to get new ones but are afraid they will pull our credit and perhaps re-nig on the loan because of the 2 new car deals...


I surmise that part of the loan application looked at all your incomings and outgoings. One of those outgoings would have been the lease payments for your old cars.


You have not got the loan until you have signed the paperwork, and yes in the UK they can fit anytime up until the money goes into your bank account.

Business loan advice?

Well as the inquiry suggests i want to take out a business loan of around £13,000 pounds so i can start my new business venture i just wanted to discern what are the odds of me getting a loan with the credit crunch and all that. i currently own 2 businesses


Give it a try they can only say no. Appoint an appointment with your business bank manager and take your plan and accounts with you.
Hopefully they will be able to invest in you. Who knows you could make room a fortune by the time you are 30 and they will

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