Business Finance FAQsGo back
Asset Finance Coronavirus FAQ's
What will happen to interest / hire charge?
It is important to remember that you'll still be charged interest or hire charge during your payment holiday. If you are accepted for the payment holiday, the additional interest or hire charge will be spread over the remaining payments.
An explanation of how much additional interest or rental costs will be payable and the change will also be sent in writing via email or post.
We will obtain your agreement to proceed before applying any changes.