Law Update: Loan arrangers
Friday 01 October 1993
The TSG wrote to the chairmen of the top 10 banks and the building societies to canvass interest in a loan scheme. 'In the end we went with NatWest because it offered us a single point of administration from its new telephone banking system for the professional sector,' Mr Festenstein says. At present, the agreed interest rate is two points above base.
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