If you have defaults and are unable to obtain finance from Banks or Building Societies, Prudential Finance may be able to lend to you with a bad credit loan.
This loan is classed as a “Private Loan” and we take interest upfront on loan settlement for the period of the loan term. This way you don’t make any payments until the end of the term.
We can even lend to your company if it is in Administration, Receivership or Liquidation!
If you can then show 12 months of paying your interest payments on time Prudential Finance may then be able to refinance you with the Banks.
For more information see our Impaired Credit Loans page.