Recently we had a call from a business owner who was reviewing all their expenses in their business. They were paying a lot of money out on different short-term business loans they had got for purposes of working capital, buying used equipment & a second-hand van. They had too many loan payments and wanted a solution to make repayments more manageable. They wanted to improve their cash flow and have more working capital in their bank account to run their business’s day-to-day outgoings & are now more conscious they need to be ready for business shocks as they arise. Does this sound like you?
The good news is there are a number of business loan options on the market, whether you’re looking at government-backed SBCI options you can most-likely get through your bank or you’re considering using alternative business finance. We have people in our network who are happy to take the pain away of dealing with applications like that. We specialise in non-bank loan quotes and we can often get your approval information organised within 24 hours so you can get on doing what you do best; running your business.
Talk to us today about loan quotes from 6 to 60 months. It can be for purposes not only of consolidating debts but for working capital, capital expenditure & more. So long as your business is generally profitable, is currently trading and can meet the repayments a simple unsecured loan can work. Or if your business has assets that can be used as collateral then we can organised secured loan quotes. We always recommend speaking with your accountant for financial advice on whether business debt is the answer for your situation. These are tough trading times and if there are big judgment calls get proper advice! We have people in our network we can refer you to if you from accountants to business advisors to insolvency practitioners. Call us today on 01 55 636 55. We’re here to help.
