Business Loans and Funding in Cumbria

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Telephone Phone 01768 867 118       Email Mail enquiries@enterpriseanswers.co.uk

 

Business Loans and Funding

Whether you’re thinking of starting your own business, looking to expand or develop an existing business, our loans are designed to help you achieve your commercial goal.

With loans ranging between £5,000 and £100,000 over a maximum repayment period of 10 years, we can tailor a finance option to help assist your business needs.

Examples of monthly repayments based on a typical interest rate of 12.0% and an arrangement fee of 2.0% (minimum £250):

£5,000 over 24 months APR 18.6% £235 per month
£7,500 over 36 months APR 15.3% £249 per month
£10,000 over 48 months APR 14.2% £263 per month
£15,000 over 48 months APR 13.9% £395 per month
£20,000 over 60 months APR 13.6% £445 per month
£30,000 over 72 months APR 13.5% £586 per month
£50,000 over 84 months APR 13.4% £883 per month
£75,000 over 96 months APR 13.3% £1,219 per month
£100,000 over 120 months APR 13.2% £1,435 per month

 

The current interest rate for all loans is 8.00% to 14.00%.

All loans are subject to an arrangement fee of 2.0% (minimum £250) of the amount borrowed. Security and monitoring fees may also be payable - visit our Terms for further details.

Loans offered by Enterprise Answers are for business purposes.

Your home is at risk if you do not keep up the repayments on any loan secured by it.

  • Do you have a business plan?
  • Are you looking for finance up to £100,000 ?
  • Is your business based in Cumbria, Northumbria, Country Durham or North Lancashire?
  • Please complete our enquiry form and we will get back in touch with you.
 
 
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