Lender Product : Secured Business Loan
• Loan size £50k - £500k
• Up to 5 years amortising, minimum term of 24 months
• Rate – circa 10% -15% depending on the deal
• Lending - 70% LTV based on 180 day marketing period valuation, vacant possession
• Security – 1st or 2nd charge on commercial property or 2nd charge on residential property, debenture, cross guarantee if appropriate, PG’s
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