Without sufficient funding most businesses are likely to fail. Business loans are commonly used by business owners to access cash needed for business start-up, growth, development or improvement.
Business loans can be used for many things including:
- start-up costs
- purchase of equipment & vehicles
- stock purchases
- trade finance (for importers)
There are a wide variety of programs and lenders available e.g term loans, overdrafts, factoring, hire purchase, leasing agreement etc.
Small business and start-up businesses typically have more difficulty in securing a business loan.
We can assist in obtaining or arranging the loan by preparing a detailed business plan, ensuring that collateral is available, and introducing the most appropriate lenders.