The standard business loan can be much more cost effective and affordable than an overdraft or credit card. You will get fixed monthly repayments so you can have confidence in your financal position.
Bridging finance is usually a type of short-term business loan. Its use is a temporary loan that gets you from A to B until you can either clear the loan in full or secure a more permanent form of finance. It gets its name 'bridge' as finance to get you from one step to another.
Asset finance is a type of lending that enables you to access business assets such as equipment, machinery and vehicles without having to outlay all the cash upfront. It can also allow you to release cash from the value in assets you already own or use your existing assets as security against a business loan from an asset finance lender.
Invoice finance is a finance facility provided by an invoice finance lender to help business owners leverage their unpaid invoices, giving them an instant cash injection into the business. The invoice finance lender will release up to 90% of a business’s invoices straight away.
On payment of the invoice from their customers, the lender will release the final amount minus any fees and charges. There are different types of invoice financing options available to businesses depending on the situation and the level of control they require in collecting unpaid invoices.
Commercial mortgages are for buying or refinancing any land or property for business purposes. Similar to a traditional, residential mortgage, money is borrowed and secured against a property. They can also be used to expand an existing business and for residential or commercial property development
There is always a bespoke alternative solution to any finance need and if you are unsure on the best service which suits you or feel you need something a little bespoke be sure to get in touch with us to find the best solution to you.