Recent client: Flexible loan for flooring business

BusinessLoans.ie recently helped a flooring business with a flexible repayment loan. They had big expansion plans and invested a lot of their working capital to get into the UK market. They already were making use of invoice finance and our partner credit team saw more room for credit based on their ongoing and upcoming sales. They were happy to get a €250,000 facility over 12 months, with a view to getting a second facility for the same amount during that term. The loan has a flexible repayment that works in tune with cash flow and stays on target to be repaid in the agreed time. This was especially useful to the client who sometimes had irregular cash flow, in between projects.

Could this loan work for you? If your business is trading at least 9 months and is averaging at least €20,000 sales a month then enquire now.

Does your business want a fast finance quote? Call us now on 01 55 636 55 or email hello@businessloans.ie.

Recent deal: A business gets €200,000 for an acquisition

BusinessLoans.ie is celebrating another successful deal. It was for a windows & doors business to finance the acquisition of a competitor business. The owners of a great business were retiring and an opportunity presented itself for our client to add to their turnover and profitability. They needed to come up with an initial payment of €200,000 quickly to secure the deal but they didn’t have the cash reserves. Our lending partner was able to quote within 24 hours of them producing their latest accounts, as well as answering some simple underwriter questions on the business they were acquiring. Our client was quoted a low-rate over a manageable 5 year term and secured the deal. They were also happy to hear that more finance was potentially available next year to help with another payment to the old owners.

Does your business need financing? Call the BusinessLoans.ie team on 01 55 636 55 for fast finance quotes; or email hello@businessloans.ie.

Recent deal: A solar business gets a €35,000 merchant cash advance

BusinessLoans.ie is celebrating another successful deal. It was for a solar business involved in sales and installations in the residential market. Recently they were busier because the energy crisis led to increased demand for green energy solutions. As a result of this, they needed financing to get the best deal on bulk buying stock as well as increased payroll obligations to meet with their new installations team member.

The BusinessLoans.ie team got their quote turned around in 24 hours with a merchant cash advance. The finance facility was based on the significant turnover they had via their online and card machine sales. They now have a flexible repayment that fits with their cash flow cycle and are happy. Does your business want a fast finance quote? Call us on 01 55 636 55 or email hello@businessloans.ie.

New €50,000 fast business loan in Ireland, same day drawdown

If your business ever needs a fast fifty, now you can. Get same day drawdown on loans up to €50,000 with two documents. Sometimes businesses need funds fast. That could be a loan to take advantage of a discounted stock purchase, to meet payroll during a cash crunch or to handle any number of business loan requirements that arise in the day-to-day running of a business.

We’ve got you covered. Our partner credit teams can still offer fast turnaround times of 24 hours on bigger loans, up to €500,000 but if you have a very pressing requirement that can now be acommodated in a faster business loan quote, up to €50,000.

Talk to the BusinessLoans.ie team today on 01 55 636 55 or email hello@businessloans.ie

Low Rate Unsecured Business Loans with the Covid-19 Credit Guarantee Scheme

Did you know that Irish businesses affected by the pandemic can get low-rate loans with no personal guarantees for peace of mind? The government & the SBCI have allocated €2 billion to banks & alternative lenders to help businesses with working capital, business expansion and for buying new items they need to perform at this time. Get loans from 6 months to 60 months at rates from 4.75%

BENEFITS FOR YOUR BUSINESS

• Fast approval

• Low rates

• No early repayment penalty

• No personal guarantees

• Wide variety of loan purposes

KEY CRITERIA TO ACCESS FUNDING

• Your business is down 15% on turnover or profit

• Your business is generally profitable

• Your business passes the credit check

Talk to the business loans team today about getting your simple unsecured loan quote. Generally our partner credit teams will review simple documents such as accounts & bank statements. They grade them for risk from A grade down to D grade and apply a rate from 4.75%. It costs nothing to find out if you qualify & at what rate. Call us now on 01 55 636 55 or email us at hello@businessloans.ie. We’re here to help, 7 days.