Businesses warned over loan shark dangers ahead of Business Finance Week
The England Illegal Money Lending Team (IMLT) is warning small and medium-sized businesses (SMEs) to stay alert to the risks of borrowing from illegal lenders, as part of this year’s Business Finance Week (30 September – 9 October). Loan sharks are increasingly targeting business owners, offering what looks like a quick fix but often leading to crippling debt, harassment, and even threats. During Business Finance Week, IMLT is raising awareness…