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Ulster Bank - lending?

Hennybug · 2009-01-28 14:53:31

Has anyone had any recent experience with UB in trying to extend a loan or overdraft? Cash flow is a huge issue at this stage so i could do with either extending the overdraft or upping the loan. I'd like to know what their current policy is though before i go hang myself :P

28-01-2009 2:53pm

#1

Hennybug

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Join Date: August 2007

Posts: 444

Has anyone had any recent experience with UB in trying to extend a loan or overdraft? Cash flow is a huge issue at this stage so i could do with either extending the overdraft or upping the loan. I'd like to know what their current policy is though before i go hang myself :P

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#2 28-01-2009 4:14pm

Bandara

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Hennybug wrote: »

Has anyone had any recent experience with UB in trying to extend a loan or overdraft? Cash flow is a huge issue at this stage so i could do with either extending the overdraft or upping the loan. I'd like to know what their current policy is though before i go hang myself :P

What nature of business are you in?

The banks are giving little of nothing out in the form of overdrafts / loans, especially for businesses that are not showing a strong profit.

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