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£25m fund for sole traders

12.03.13

Three million sole traders and small firms in the UK will now be able to take advantage of asset-based loans thanks to a £25million fund set up by Hitachi Capital.

Hitachi will allow loans between £2,500 and £15,000 with a typical representative interest rate of 8.9%, repayable over a timescale of between 12 months and five years.

You must have been trading for a minimum of three years, you must be 25 years of age or older and you must have a clean credit history to apply for one of the loans.

Click here for more details.

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