Business loan post IVA?

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Amy.01

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Post by Amy.01 » Tue Jul 17, 2018 12:52 pm
Hi has anyone had any success or know if it's possible to get a small business loan after a full and final with iva still on credit record ? Thanks

Foggy

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Post by Foggy » Tue Jul 17, 2018 1:21 pm
Amy.01 wrote:
Hi has anyone had any success or know if it's possible to get a small business loan after a full and final with iva still on credit record ? Thanks
No chance at all until you get the completion certificate as you are still bound by the IVA. After that, a sub-prime lender might consider you, but you will be paying an eye watering amount of interest, which might find you back in the same boat in due course.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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