Post by es2013david on Aug 14, 2023 10:44:45 GMT
The poor response to recent offerings suggests that I am not the only one less than enthusiastic about a 13% return.
18-20% was always worth a punt, however risky the deal seemed. Some good borrowers have happily paid 17%+ to achieve their business ambitions.
The rapid rise in the Bank of England base rate surely suggests that borrowing has become harder, not easier, so why drop our lending rates.
10% is currently available on secured lending for building development in Europe - so 13% doesn't seem to be terribly inviting.
18-20% was always worth a punt, however risky the deal seemed. Some good borrowers have happily paid 17%+ to achieve their business ambitions.
The rapid rise in the Bank of England base rate surely suggests that borrowing has become harder, not easier, so why drop our lending rates.
10% is currently available on secured lending for building development in Europe - so 13% doesn't seem to be terribly inviting.