Business Loan

[mickytruelove]

I am currently looking to borrow about £100k to buy stock for Christmas & Q1 2023.

Currently looking at PayPal working capital and Amazon Lending. Last year we used an Amazon loan at 10.99% which seemed one of the lowest prices we could find.

Does anyone have any recommendations for this sort of amount?

[2 sMoKiN bArReLs]

mickytruelove said:

I am currently looking to borrow about £100k to buy stock for Christmas & Q1 2023.

Might be a bit late for Q1 2023

sorry

[mickytruelove]

2 sMoKiN bArReLs said:

Might be a bit late for Q1 2023

sorry

Haha, well spotted.

[dalenorth]

We work with some guys that do business loans so drop me a pm if you’d like to chat with them.

[rallye101]

Being bombarded with sales calls...

6.9% seems to be the going rate upto £250k

[mickytruelove]

Who was that with ?

[jammy-git]

Have a look for lenders offering RLS (Recovery Loan Scheme): https://www.gov.uk/guidance/recovery-loan-scheme

[rallye101]

mickytruelove said:

Who was that with ?

Portman, again and again....