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Friday, 29 August 2008
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Loans & Overdrafts
How do I decide whether a loan or overdraft is more appropriate?
How do I go about obtaining a bank loan?
The banks have turned me down for a loan for my business. Can you help?
What level of interest should I expect to pay on a bank loan?

Loans & Overdrafts

How do I go about obtaining a bank loan?

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The main source of business loans and overdrafts are the banks, although a number of other organisations now also make loans to businesses.

Your local Business Link should be able to provide information about sources of loans, including details of any local lenders.

We would also advise you to consult your local Business Link or personal business advisor before you approach potential lenders, as they will be able to help you with your application to give it the best chance of success.



 
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