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London Business Loans in the current economic climate

Much needed support for viable businesses

London Business Loans is now more than ever a vital institution, supplying much needed loan finance to good quality viable businesses, which have been abandoned by main stream lenders.

An increase in quality lending propositions

Since our inception, the fund has targeted companies which have trouble accessing finance from conventional sources. Since the tightening of credit conditions in the general UK economy in 2008 we have noticed a marked increase in the quality of propositions being brought to us, which we expect will have a positive impact on our future.

A track record of business successes

While we have had a number of clients experiencing difficulties in the current climate, our bad debts are within forecast levels. Many of our clients have gone from strength to strength and have paid back their loans early, or requested further funds to expand.

With our capital base and the lending expertise of GLE oneLondon we are in a unique position to assist investors, including councils or other parties, with a specific interest in London, to set up new loan funds to help their communities deal with the current lack of credit.