If the interest rate is too high, then it may be better for you to change the services of this bank and use another one. However, before that, it will be useful to take an advantage of the services of Mortgage Advice Newcastle, where you will receive advice on a loan for equipment and will be able to understand which bank will be more profitable for you to work with. It is best to investigate this issue in advance and then make a list of banks with a low interest rate and choose one. I believe that this will be the best scenario. I hope my advice will help you and you will be able to solve your problem and not spend a lot of money on paying unnecessary interest. I wish you good luck!