1. FAQs
  2. Loan Repayments and Terms

Can I Access Finance if I Have a Bad Credit Rating?

Overview of the nuances of accessing finance with a bad credit rating.

Absolutely, access to finance is what we're all about. Millbrook specialises in assisting companies even if their credit rating isn't pristine. We understand that financial situations can vary, and we're here to help. It's worth noting that while we accommodate less-than-perfect credit ratings, there might be an influence on the interest rate.

This principle is often referred to as "rate for risk," where the interest rate aligns with the level of risk involved. So, if the credit rating indicates a higher risk, the associated interest rate might be adjusted accordingly.

Our aim is to provide you with the support you need while navigating the dynamics of credit ratings and interest rates, offering transparency along the way.