Early repayments & Comparison
There are no fees or penalties for early repayment. Because a fairly interest cost is the price users pay for speed and convenience, customers will be motivated to pay off their loans as quickly as possible. However, because the maximum term for a loan is 15 months, the repayment process is pretty quick anyway.
How do they compare with other companies in the industry:
Ezbob tops the list when it comes to speed and convenience. Their extremely responsive customer service can determine a customer’s approval in minutes, with minimal data provided (either: VAT online credentials, the customer’s last five VAT returns, online marketplace store credentials, business bank statements). Customers seeking large loans, lower interest rates, and long repayment terms will have to look elsewhere. But that’s not what Ezbob does. For fast, small business loans, it’s hard to beat Ezbob.