saw this in a newspaper today and was just wondering what rates are actually being charged to people on the Forum..
I mean if you borrow 25k to buy a shop and have to pay interest at those rates is a hefty chuck every month..

Britain's smaller companies are facing collapse as a direct result of the credit crisis, leading organisations have warned, as banks claw back profit by charging the highest rate of interest on business loans since the late 1980s.

The liquidity crunch has already seen interbank lending rates soar last week to 6.9pc despite the Bank of England's decision to keep rates on hold at 5.75pc. As a result, some small businesses are facing borrowing rates of 10.75pc. Two months ago, a small company would have a top lending rate of 9.75pc.
Over the past six weeks, small businesses - which are considered more risky investments by the banks - have begun to complain about tougher borrowing conditions.