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Copyright 2005 The Powerful PromoterThe process of applying for a business loan is a stringent one as compared to the standard procedures in obtaining a home mortgage loan or a personal loan. This is probably due to the fact that business loans contain a greater risk element as compared to other loans. Therefore, lenders need to exercise greater caution and emphasis when evaluating business loan applications in order to minimize their risk exposure.With that, lenders evaluate their applicants based on the information that are provided as well as their judgment of the viability and profitability of the business being financed.
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Repossession promise by RBS is 'PR stunt' says mortgage experts (Daily Telegraph)
Royal Bank of Scotland has been accused of orchestrating a "PR stunt" after announcing it would give struggling mortgage customers' more breathing space in a move that experts warn will make little difference to the number of homes seized.
Mon, 01 Dec 2008 17:17:44 GMT
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