The Business Lending Blog

New fixed rate loan products on the way

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In the coming weeks, we’ll be adding new fixed rate loan options on to the website. These loans will differ from our typical auctions in that the interest rates will be fixed and as a lender you just need to decide whether or not you want in at that rate.

There are few reasons that we are rolling out this new offering:

Wider Appeal to Businesses – We want to be able to bring you a wide and varied mix of great local businesses. This product will allow us to attract a whole new cohort of strong businesses who don’t necessarily like the uncertainty that our normal bidding process can bring.

More Variety for Lenders – By offering different loan types we hope to make your experience as lenders that much more enjoyable. Many of you have been lending with us since ‘Day 1’ and we want to start offering you more choice in the type of loans that you can participate in.

Helping You To Make Better Credit Decisions – Fixed rate loans will allow us to set rates based on the businesses overall credit score with Linked Finance. This will allow you to make more informed decisions and ultimately develop a more balanced portfolio with a risk profile that you are comfortable with.

These new fixed rate loans will operate on a ‘first come, first served’ basis. Once the target amount is reached, the loan will close automatically. This will speed things up for our borrowers and make sure that your funds are being deployed faster.

If you’d prefer to stick with the traditional variable rate loans, that’s fine. You can continue to focus on loans that offer bids between 5% and 15%.

This will just be an additional offering for businesses who meet the criteria and prefer this way of doing things.

This is just one of a number of innovations that we are looking at in a bid to make Linked Finance even more popular with both borrowers and lenders.

We’ve also just launched new short-term loans that run over 12 months as opposed to the normal 36 monthly repayments. You can get more information about those here…

If you have any questions about these new ‘fixed rate’ or ‘short-term’ loans, please don’t hesitate to get in touch with us on