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Secure your business finance at today’s rates before the predicted string of rises cost you more.
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In a surprise move the Bank of England has increased the Base Rate to 4.5 to 5% with a string of further rises expected throughout the rest of the year and rates remaining high well into 2024. If your business needs to secure any funding or purchase any new equipment in the next 12 months right now is likely to be a good time to act, securing a fixedrate product at today’s prices, or a flexible product that allows you to pay off a loan as soon as you are ready with no further interest or early repayment charges.