Business Loans With Monthly Payments
Most company owners often seek business loans with monthly payments. They feel the repayment plan suits the way they run their businesses better than repaying using quarterly payments. This is why most of the lenders on our panel only offer monthly repayment plans.
Our minimum business loan with monthly repayments is normally £2,000 and this can be raised to over £2m with some lenders. If you would like a quote please enquire now and one of our business consultants will be happy to discuss the different options open to you.
The typical APR for business loans with monthly payments ranges from just 4% all the way up to 35% depending on the type of finance you require, how long you need it for and the credit rating of your business. We always try our best to accommodate any businesses requirements.
It not only business loans that offer monthly payments. Most commercial and BTL mortgages offer monthly repayments too.
If you take out a business loan offering a monthly repayment plan, it is important that you keep up with the payments. If you do not your credit rating is at risk, and your business will be at risk of enforcement action.