Business Finance
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:
- Secured loans
- Unsecured loans
- Revolving credit facilities
- Business cash advances
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;
- Turnover and profit
- Bank statements
- Filed accounts
- Loan amount vs. turnover
- Trading history
- Payment history (e.g. CCJs, late payments)
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.
Other Services
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Invoice Finance
Invoice Finance service is good for businesses contracted to long term payment terms and helps them with cash flow requirement. There are
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Asset Finance
Financing large purchases for equipment and capital expenditure can severely impact on Company cashflow. In most cases it is not effective or
