Boost Your Capital Or Not

The email says “Give your business a boost

From Boost Capital Limited

It’s a simple offer – more cash to help with any cash flow issues or capital to help with expanding your business. You can use the money however you choose.

And it promises no complicated forms, no upfront fees, no hidden costs and that the money can be in your account in 2 days.

All very good, but what it doesn’t say is that their typical APR is 40%. No wonder they are so keen to lend out money and not care about what it’s for.

Not as bad as some people in this market, but still pretty bad at 160 times the base rate.

If your business needs cash – there are much much cheaper ways of getting it than at 40% APR.

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