Business loans give entrepreneurs access to capital to invest in their business. They can be taken out for most business needs and purposes. If a business opportunity presents itself but you need a substantial cash injection to take it up, we’re ready to help you find the right deal for your business.
Business loans can refer to lots of different products including:
With so many different lenders and products on the market, the eligibility criteria for business loans vary. In an initial consultation, most lenders will want to understand your business better and may ask about;
If your business is not making much profit or even making a loss, it may be extremely difficult to get a loan, and a short trading history (less than 2 years) can make things more challenging too.
Many of the lenders we work with are much more flexible than high street banks, with a wide range of finance options and repayment terms to match your unique circumstances.
If you would like to find out more about what kind of business loan you may be eligible for, get in touch with us today and we will be happy to help.