The number of phishing emails sent out each month is continuously increasing, and with it is the quality of the contents of the emails purporting to be from a bank.
The phishing email below, is not the usual text of “a security upgrade has been preformed and you need to confirm your account details” or asking you to login, this is coming from a different angle that initially you would not think that it is phishing for your details. This is inquiring if you might require a loan, and the email provides plenty of relevant information with regard to this Small Firm Loan.
It is not until to click on the link to find out more information, that it redirects you to site in France that requires you to log in with your account details.
Lloyds TSB online for business - Online Notification of New Legal Notices
Dear Customer:
Have a workable business proposal but lack security?
The Small Firms Loan Guarantee (SFLG) enables small businesses with a
workable business proposal, but lacking security, to borrow money from
approved lenders.
Small Firms Loan Guarantee features & benefits
To help get your business off the ground you may need an injection of
capital or cash to help grow your business once its established. For
instance, you may want to buy or update equipment, move to bigger premises
or expand your operation into new markets. In cases like this conventional
finance sources, such as a business loan or overdraft, are not always
available because your business may be too young to qualify, or you cant
offer normal security.
If your business is under 5 years old and your turnover is not more than
£5.6million, you may be eligible for funding under Small Firms Loan
Guarantee. This is a tool that allows businesses to raise finance, through
Lloyds TSB, with 75% of the loans value guaranteed by the Government via the
Department of Trade and Industry (DTI).
[1]http://www.lloydstsbbusiness.com/finance/smallfirmsloanguarantee.asp
Borrow flexible lump sums: from £5,000 to £250,000
Spread repayments over two to ten years.
Variable or fixed rate interest terms are available depending on your
circumstances.
An early repayment charge is payable if you close a fixed rate loan early.
Apply for a capital repayment holiday up to a maximum of two years.
Flexible draw down arrangements (where total loan is over £25,000).
Tell us about your plans and needs, and we will then agree the interest rate
with you and let you know whether we need any security. As well as the
interest, you will pay an arrangement fee, plus a Government premium of 2
percent a year on the outstanding balance of your loan.
Any property given as security, which may include your home, may be
repossessed if you do not keep up repayments on your mortgage or other debts
secured on it. All loans are subject to status and we will need your
permission to carry out a credit check on you and your business. You should
not apply for an amount that you cannot comfortably afford to repay.
Alternative finance solutions
[2]Business overdraft
Commercial mortgage
[3]Business loans
Further information
For more information on the Small Firms Loan Guarantee please visit the
[4]DTI website
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated
by the Financial Services Authority and signatories to the Banking Codes.
FSA authorisation can be checked on the FSA’s Register at:
[5]www.fsa.gov.uk/register. Lloyds TSB Bank plc and Lloyds TSB Scotland plc
are members of the Financial Services Compensation Scheme and the Financial
Ombudsman Service. Lloyds TSB Group plc.