Interest rates on an unsecured loan

Interest rates on an unsecured loan

Author
Discussion

russy01

Original Poster:

4,784 posts

196 months

Wednesday 14th May
quotequote all
Morning,

£1,000,000 over a fixed 10yr term.

Several years back when chatting to the bank, I was offered 2% over base (secured against a business property).

Is this still the case?

Any idea what an unsecured rate would be? (assuming confident in financials and growth plans)

Thanks

zsdom

1,498 posts

135 months

Wednesday 14th May
quotequote all
Who’s going to give you £1m unsecured?!