UK Business Loans
Recently, I have tried, unsuccessfully, to get business loans from a number of banks, including my regular bank. I know I am not alone, but I recently tried a new idea! A pawnbroker!
I have found that the traditional image of the pawnbroker is outmoded, and, given recent experience, I think they are one of the most reliable sources of small business loans in the UK. UK pawnbrokers are more readily associated with the UK personal loans market, but they are just as ready to advance fast business loans as they are personal cash.
If you are seeking loans for your business, and you have personal collateral in the form of jewellery, art or other personal valuables to secure a collateral loan, you will find a UK pawnbroker is a fast, cheap, quick and easy way to get a small business loan. A business loan from an online UK pawnbroker like Borro.com can start as low as £100 and range up to £100,000, for periods between 1 and 6 months with interest charged at a flat 6% per month. In comparison, a typical UK pay day loan company will charge 25% interest per month for a UK short term loan. Also, pay day loans are for relatively low sums, and must be repaid within weeks. Many other companies who call themselves UK short term loan providers are equally expensive, and will only offer a minimum of one or two thousand pounds for minimum terms starting at one or two years upwards.
When you get fast small business loans from a UK pawnbroker, you can pay off your business loan anytime you choose, with absolutely no hidden extra fees or charges for early settlement.
Next time you are thinking about using a UK pay day loan company, try an alternative UK loan provider. Try pawn brokering in order to get the best loans against valuable items in order to secure easy business loans. Whether it’s a first time business loan, or a bad credit business loan, a UK pawnshop will offer a no-fuss secured business loan whether you have a bad credit rating or not. Because the pawnbroker holds your pledge as security, no credit checking is involved, and the loan application process is very fast and straightforward. Online UK pawnbroker, Borro.com can advance loans against personal items within 48 hours, provided you have appropriate collateral to pledge.
