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£2500 loan.
entrepreneur1
Posts: 12 Forumite
in Loans
Where can I get a small loan of £2500 repayable in 3 months and with low interest rates?
0
Comments
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What's your credit history like?
Current salary?
Any existing debt?
What's it for? A credit card sounds
I've a good option.0 -
entrepreneur1 wrote: »Where can I get a small loan of £2500 repayable in 3 months and with low interest rates?
Look at the loan calculators on many lenders websites, under £7K and the interest jumps up a fair bit.
If you are intending on making payments of £833 plus the interest, then I would suggest you save this amount and by 11th May you will have your £2500.0 -
What you need is an overdraft. Or possibly a credit card.0
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entrepreneur1 wrote: »Where can I get a small loan of £2500 repayable in 3 months and with low interest rates?
Is it for a "sound" investment?0 -
Given the relative low value and repayment period an interest free credit card would be a better option in my opinion.
Really depends on your individual circumstances though.0 -
Is it for a "sound" investment?
Yes. I am a farmer engaged ın contract farmıng. Thıs ıs a kınd of farmıng where farmers enter ınto agreements / contract wıth buyers before the harvest. Buyers commıt to purchase farm products when the harvest ıs due. The plantıng season ıs due and the contract ıs ın place. I wanted the loan to purchase more seeds. Thıs wıll ıncrease the harvest and help meet the ever ıncreasıng and unsatısfıed demand for these farm products. It ıs therefore a vıable ınvestment wıth good returns.0 -
Is there an echo in here ????0
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Is there an echo in here ????....0
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Try a credit union and stretch it over a longer period of time0
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entrepreneur1 wrote: »Yes. I am a farmer engaged ın contract farmıng. Thıs ıs a kınd of farmıng where farmers enter ınto agreements / contract wıth buyers before the harvest. Buyers commıt to purchase farm products when the harvest ıs due. The plantıng season ıs due and the contract ıs ın place. I wanted the loan to purchase more seeds. Thıs wıll ıncrease the harvest and help meet the ever ıncreasıng and unsatısfıed demand for these farm products. It ıs therefore a vıable ınvestment wıth good returns.
I take it you can't get credit from the seed supplier?
Have you tried asking at the Farmers union or your bank? If you've got a real proposal (which makes a change, it's usually someone wanting to buy into some scheme or scam) then they should be happy to help out somehow.0
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