If you are thinking of acquiring a new business or are currently established in your existing business, we can assist you with your financing needs. You may need short-term financing such as a bank overdraft or longer-term financing to help you expand your business. We can help you understand how to best approach this to successfully achieve the best outcome.
Our business loans offer you the flexibility of variable or fixed interest rates with structured repayments that feature either interest only or principal plus interest.
Bank overdraft
Being in business, particularly small business can be a regular challenge in terms of managing your day to day cash flow. We can arrange for an overdraft account that allows you to have access to a pre-determined limit and you only have to pay interest on the amount that you have used.
Common Types of Business Loans:
Term Loans: A lump sum with fixed or variable repayments over a set period, ideal for major investments or projects.
Line of Credit: Access to funds up to a limit, allowing businesses to draw and repay as needed, only paying interest on the amount used.
Secured Loans: Backed by collateral such as property or equipment, typically offering lower interest rates.
Unsecured Loans: No collateral required, but often with higher interest rates and shorter terms.
Overdrafts: Linked to a business account, allowing withdrawals beyond the balance to manage cash flow.
Startup Loans: Specifically designed for new businesses to fund initial operations or growth.