Business
Loans
Business Loans
A loan allows a business to raise additional capital within a relatively short space of time whilst having repayments spread over a 1 - 7 year period.
Loans can be used for a number of purposes:
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Cash Flow
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Expansion
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Buy equipment & stock
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MBOs & MBIs
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Advertising & Marketing
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Staff Costs
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Tax bills & Creditor Bills
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Consolidate existing debts
The loan amount offered is typically dictated following a detailed review of your financial accounts and bank statements. There is often a solution available to most businesses but rates can range from 3.5% all the way to 30%+ depending on what risk category you fall into. It is not uncommon for businesses to progress with a higher priced solution initially, use these funds to enhance the businesses position and later refinance on to a more competitive option.