As 2022 comes to a close we have been hearing the cash flow challenges of business owners in Ireland. Inflation is impacting business owners who can only absorb so much of the costs before raising prices. If cash flow pressures have been causing your working capital to deplete we have some loan quote options that might help.
Simple unsecured loans
If your last filed accounts were in profit and you have no recent missed payments evident in the bank statements, then a simple business loan quote can work. Your loan quote will include a fixed monthly payment that will be affordable to your cash flow cycle. During the loan term you can fix up the balance any time and save on interest. Ask us about quick initial feedback with recent accounts & 3 months bank statements.
Secured loans
If your last accounts were underperforming and unsecured loans are a challenge, but you have assets, invoices, card machine turnover etc. then a secured loan can work. Underwriters can often approve businesses when they have the comfort of some collateral. Talk to the Business Loans team today on 01 55 636 55 and see what financing options can work for your business.