BusinessLoans.ie helped a building & retrofit contractor get a €50,000 working capital loan. They required funding due to soaring materials costs and reduced supplier terms. They had engaged their own bank who had suggested paying the balance of an existing loan first before they could assess the new application however, their CFO didn’t feel confident that approval on a new loan would follow, potentially leaving them in worse off position.
BusinessLoans.ie engaged a non-bank lending partner. They were approved and funded in days, with low paperwork requirements. The business owner was happy to have a more comfortable cash flow position and better cash purchasing power for materials.
Does your business want a fast finance quote? Call the BusinessLoasn.ie team on 01 55 636 55 or email hello@businessloans.ie.