Federal Capital

Buttercake

Anyone used these? - http://www.federalcapital.ie/

All over google offering unsecured loans to Limited companies only up to 30k over 12-months

Rang them for an estimate, that day I was approved and was told 5k would cost €6744 - with personal guarantees from both directors :pac:

Told them good luck

syntheticjunk

6. How much does a loan cost?

3 month loan interest from 4.97% per month
6 month loan interest from 3.32% per month
12 month loan interest from 2.49% per month

Buttercake

Buttercake wrote: »

Anyone used these? - http://www.federalcapital.ie/

All over google offering unsecured loans to Limited companies only up to 30k over 12-months

Rang them for an estimate, that day I was approved and was told 5k would cost €6744 - with personal guarantees from both directors :pac:

Told them good luck

Gangsters probably

pedroeibar1

Buttercake wrote: »

Anyone used these? - http://www.federalcapital.ie/

All over google offering unsecured loans to Limited companies only up to 30k over 12-months

Rang them for an estimate, that day I was approved and was told 5k would cost €6744 - with personal guarantees from both directors :pac:

Told them good luck

I would hope not! They are not regulated by the CBI so they are a moneylending operation, with the usual usurious rates - the quoted 4.97% per month is an APR of almost 100%.

jamesbondings

pedroeibar1 wrote: »

I would hope not! They are not regulated by the CBI so they are a moneylending operation, with the usual usurious rates - the quoted 4.97% per month is an APR of almost 100%.

But they are sneaky about it! They have on the website "unregulated by the central bank of Ireland" as if they were....

OttoPilot

jamesbondings wrote: »

But they are sneaky about it! They have on the website "unregulated by the central bank of Ireland" as if they were....

Kind of admire their audacity