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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  3. iwoca - Wikipedia

    en.wikipedia.org/wiki/Iwoca

    iwoca provides credit lines of up to £200,000 and business loans of up to £500,000. It uses various machine learning models to automatically assess businesses based on data taken directly from Xero , eBay , Amazon , PayPal , Sage Pay , business bank accounts and other online and offline platforms. [ 1 ]

  4. Tide (financial service) - Wikipedia

    en.wikipedia.org/wiki/Tide_(financial_service)

    Tide does not qualify for the Bank of England's term funding scheme aimed at small business lending, which enables banks to borrow cash to fund bounce back loans (BBLs) at a flat interest rate of 2.5%. The company "continued to ask" the government for access to Bank of England loans to fund further BBLs.

  5. Enterprise Finance Guarantee - Wikipedia

    en.wikipedia.org/wiki/Enterprise_Finance_Guarantee

    The Enterprise Finance Guarantee (EFG) is a UK government-guaranteed lending scheme intended to help smaller viable businesses who may be struggling to secure finance, by facilitating bank loans of between £1,000 and £1 million.

  6. Lender option borrower option - Wikipedia

    en.wikipedia.org/wiki/Lender_option_borrower_option

    At least 12 councils have the most expensive types of LOBO loan. Most of these have "inverse floaters" taken out with RBS - interest rates for the loan are increased if general bank lending rates decrease. [7] As a direct consequence of making repayments on LOBOs, councils have had to make major cuts in services to their residents.

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