Does anyone knows of of a way of getting a small loan (around 1000 pounds) which is not a payday loan (which is not very recommended so i figured) nor a provident loan. I am not talking about increased overdraft, which is not allways feasable.
Thanks
2007-02-12 05:35:07 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Have you tried a bank? Where you would have a standard checking account?
2007-02-12 05:37:42 · answer #1 · answered by Jo 6 · 0⤊ 0⤋
Hi Nil.... Well in my opinion there are small risks in taking business loans. I think the biggest loop hole with unsecured loans is they will usually ask you to sign a PG - Personal Guarantee. Typically, any business that has a dependency on various external factors for its success is considered a high-risk business. Do not allow your past credit history or the high-risk nature of your business prevent you from growing and expanding like you should.
2016-05-24 01:18:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Best place to start is your bank.
There are lots of other companies that will offer you a loan, but really anything with interest over 10% is not a good move.
Why do you need the money? Is there a way you can cope without it? Also can you afford repayments on a loan?
If your bank refuses - and they know exactly how much you earn and spend - then you may be better off looking at other ways to cope without getting a loan.
Good advice on loans:
http://www.moneysavingexpert.com/searchnews.php?searchfield=newstext&searchstring=loans
2007-02-12 05:42:12 · answer #3 · answered by Fifi L'amour 6 · 0⤊ 1⤋
1.Can check out with your insurance company in case you have
a insurance policy .
2.These days credit card co's provide small loans with little or no
documentation.
3.Banks provide short term loans
2007-02-12 05:42:06 · answer #4 · answered by casper 2 · 0⤊ 0⤋
A bank
2007-02-12 05:37:39 · answer #5 · answered by RAGGYPANTS 4 · 0⤊ 0⤋
have a look on moneysupermarket.com if you live in the uk. Thay will compare hundreds of loans for you.
2007-02-12 05:37:56 · answer #6 · answered by friskydragon 2 · 0⤊ 0⤋