If you are looking for a business loan, there are so many options are available for you to consider. With variety of different loan products or lenders it is a challenge for someone who is looking for a quick fix of cash flow or growth and expansion of their business, it is sometimes hard to see which is the best business loan for your business. We can help you to navigate this jungle. We can select the best business loan with the best loan provider.
What is on the offer?
Business mainly looks at a broad range of business loans starting from secured loans to cash advances. Lets have a look at the main and most sought after business loan types:
Secured Loan
Usually secured loans based on assets owned by a business. If you have an asset that can be used as a collateral such as property or any disposable asset for a loan, then this can be a good option for your business. So it is a type of loan secured by assets which is valuable asset owned by the business. If you fail to repay the loan then the lender will have the right to sell this asset to get their money bak.
Unsecured Loan
This type of this loan is offered to business without any security. This is loan option for a business that does not owned any asset. The downside of this is high interest rate payable on the loan.
Revolving Credit Facility
It is a type of finance which allows business to use overdrafts on pre-approved limits. You are only charged on the amount which is outstanding. The overdrafts are usually considered as a flexible and short term loan.
Cash Advances
Business can get cash advances against their future revenues. It improves cash flow and allows business to pay and expand their growth.
Investment
I think the best out of all capital raising the investment in equity is the best option. We can find you the right investor for the right business idea.
Get in touch with us.