Infund Covid-19 Micro Loan

Infund Covid-19 Micro Loan

What is this product  
 
We are offering micro-loans to support businesses operating in the heavily affected sectors, but which are not deemed to fall within the government specified critical sectors: hospitality, retail, fitness, leisure and their suppliers. £500-£3,000 loans with monthly reviews to consider additional funds.   
 
Who is eligible for this product?  
 
This facility is strictly for businesses that can adapt to the changing environment. Nonhomeowners will be eligible for a maximum of £1,000 per drawdown.  
 
How is it priced?  
 
Risk based pricing from 2.08-2.5% per month (25-30% over 12 months). Personal guarantee is required

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