Financing - Loan For Short Term

by Barbara
(Lancashire)

Hello, I am just about to look at a van next week. Ideal situation, secure site and although I haven't looked at the books yet - I need to arm myself and be prepared to purchase it.

My dilemma - I'm still in full time employment until I get made redundant end of March and as I've been with my company for a number of years I get a decent pay off so I don't want to lose this.

I would like to use some of my pay off to buy this business. But until I get it where can I get a short term loan from - does anyone know?

I didn't fancy getting a long term loan as if I pay it off early I would have to incur penalties, but then again with a short term loan would I be able to pay that each month until I get my pay out?

Decisions, decisions but first I need to know where or who to approach.
Can anyone advise please? I am following my dream - nothing ventured nothing gained.
Don't want to go to my grave within - if only Id.........

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Jan 11, 2011
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Short Term Loan Ideas
by: David

Hi there,

I understand your dilemma,

Do you have access to a bank overdraft facility which you may be able to use on a temporary basis until your redundancy comes through? It may be worth taking to your bank about it

Failing that why not try looking on
http://www.moneysupermarket.com website as they may help find you a lender which can help you with your short term financial problem

Best of luck

David

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