moycullen14
Registered User
- Messages
- 17
Hi,
Professional partnership, largish property backed loan. One of the big two banks wants to increase interest rate (loan is performing, interest only) from 2.5% to 5% (4% margin over ECB). Anyone else had this happen lately? Strategies to combat?
TIA
Professional partnership, largish property backed loan. One of the big two banks wants to increase interest rate (loan is performing, interest only) from 2.5% to 5% (4% margin over ECB). Anyone else had this happen lately? Strategies to combat?
TIA