Business loan post IVA?

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Amy.01
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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
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Foggy
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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.
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