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January 13th, 2016, 08:56 AM
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Join Date: Mar 2012
Re: Business Loans Barclays Bank

Barclays /ˈbɑːkliz/ is a British multinational banking and financial services company headquartered in London. the details of the business Loan of the Barclay bank isd given below :


Features of the Business loan
Business loans are available for amounts over £25,000
Repayment terms are available for any period up to 20 years
Choice of fixed or variable interest rates
Fixed rates are available for 1 to 10 years
Option to track variable interest against the Barclays Bank Base Rate 5
Capital repayment holiday available (during this time interest will be charged to you current account)
Prepayment fees may apply if you repay all or part of your loan before the expiry of the agreed term
For fixed rate loans, if you decide to pay early or cancel the fixed interest rate, you may have to pay breakage cost in addition to other fees such as prepayment fees

Some important information ::
Lines are open Monday to Friday 8am – 7pm. To maintain a quality service,
3. Business loans are subject to application and status.
4. The Lending Code. Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board. The Lending Code sets minimum standards of good practice when dealing with certain customers in the UK in relation to loans, current account overdrafts, charge cards and credit cards. Further details can be found at: Lending Standards Board (Link opens in a new window)
5. BBBR = Barclays Bank Base Rate which is currently 0.50%


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