Business owners sometimes find that the most appropriate way of raising money quickly is via a secured personal loan.

Advantages of personal loans:

  • Can be organised very quickly
  • Fees can often be included within the overall cost of the loan.
  • Avoid need to go through the time and expense of remortgaging.
  • They can be used by borrowers that require their earnings to be self certificated.
  • Loans can be used for any purpose
  • Can usually borrow higher LTV multiples than bridging finance allows ie. up to 90% inc mortgage debts outstanding

Disadvantages of personal loans:

  • Penalties for early redempion of the loan will apply
  • Could lose your home if repayments are not kept up to date

If you are interested in discussing how our secured personal loan could assist you please call us on: