The Break Clause

The Break Clause A ‘break clause’, ‘renegotiation clause’ or ‘interim review clause’ are all the same thing. Generally they are a fairly well hidden clause in most commercial term loan agreements. The break clause allows the borrower and lender to renegotiate the terms of the borrowing at set anniversaries of the loan. It doesn’t matter
-> Continue reading The Break Clause

credit ratings

Why Credit Scores Can Mislead

Why Credit Scores Can Mislead With the rise of on-line credit monitoring services such as Equifax or Experian many people are aware of what their credit score is. A client recently came to me as he had held off applying for business finance until his credit score had exceeded 900 as this would give him
-> Continue reading Why Credit Scores Can Mislead

Call Now Button