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Borrowing a �1million for personal use?

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EthanAlec | 22:13 Fri 20th Oct 2006 | Business & Finance
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How realistic is it to borrow a million pounds for personal use? Trust me...I have my reasons for asking. Also, does anyone know any reputable sources for funding? Ie; Banks etc.... Any information would be very apprecited.
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Avatar Image supermurph
Personal use? I would say it would be very difficult...unsecured personal loans usually up to �25k, secured loans up to �100k..

Even for business use securing �1m would be hard...have you ever seen dragon's den on TV?

The bank will want assurance that you will be able to repay the money + interest...
02:15 Sat 21st Oct 2006

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