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3 minute business loans launched by NatWest

NatWest is launching a new online lending platform which will allow small businesses to borrow up to £35,000 in a process which takes around three minutes, with the money in their accounts within 24 hours.

The bank has already pre-assessed half a million small business customers, who will have access to the platform when it is rolled out this summer, and will be making a total of £4bn in lending available to them.

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