Stump Grinder
Member
How much should I be paying APR on a £100,000 loan or what about on a £1,000,000 loan?
We havent had a loan for some time now thanks in advance.
We havent had a loan for some time now thanks in advance.
Cost of borrowing?
- Thread starter Stump Grinder
- Start date
The APR will vary quite significantly depending on term length. Some specialist providers can offer loans up to 25/30 years, but the borrower will usually repay the loan over a period of between 5-30 years.
Things such as loan-to-value and the general performance and liquidity of a business will also effect what a lender is willing to charge. Recently some lenders will also offer preferential rates to those using certain cloud software, as they require read only access to a businesses financials, which allows them potentially offer lower rates.
Things such as loan-to-value and the general performance and liquidity of a business will also effect what a lender is willing to charge. Recently some lenders will also offer preferential rates to those using certain cloud software, as they require read only access to a businesses financials, which allows them potentially offer lower rates.
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- performance software