Name: Grow Funding
Address: 27A Goring Road, Goring By Sea, West Sussex, BN12 4AR, United Kingdom
Telephone: 01903660091
Price range: Competitive
Rating: 5

Looking For Business Loans But Have Bad Credit?

Thanks to the uncertainty created by Brexit, many small and medium-sized businesses are struggling in the current climate. If you run an independent business and are finding things difficult you’re certainly not alone.

Whether you have a bad credit rating or are worried about the future, our finance advisers at Grow Funding can provide expert advice.

We love independent companies and look to support business owners in times of uncertainty or crisis. Based in Worthing, Grow Funding are experts in fast business finance, with reliable financial advisers who have over 20 years of experience. They can help you manage your finances wisely and have worked on many complex finance cases.

We’ve helped many companies looking for corporate loans and business owners looking for financial advice regarding a bad credit rating.

Our team love supporting family businesses and helping them weather even the worst of times, so they can not only survive but thrive. We are fully committed to every client we support and have helped both businesses in Worthing and elsewhere in the UK.

When applying for one of our loans, we will need a variety of information, which is listed on our website.

Our advice is confidential and completely free, so if you’re looking for business loans, why not get in touch today?

01903 660 091.

Check out our previous article here.

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Asset finance is a type of lending that enables you to access business assets such as equipment, machinery and vehicles without having to buy them 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.

Business asset finance is typically attractive to businesses who want to put their growth plans into action but don’t necessarily have the ready cash, or business owners who would rather spread large costs over a longer period.

Short-term asset finance also enables businesses to remain competitive by making it easier for them to access the latest technology. Asset finance is a broad category that relates to valuable items in your business.

Here is one of our case studies of asset-based invoice finance –

Case Study - Feb - 2019

Invoice factoring for Essex based building company

This company had been awarded a large value contract with a London borough council to install new kitchens and bathrooms into their residential council properties. With limited funds in the bank to cover the cost of labour and materials, Grow Funding arranged a suitable Invoice factoring facility to allow the business to release cash tied up in their outstanding invoices. This means going forward at the point of them giving the invoice to the council they can factor the invoice to provide them with cash in the bank to cover their cash flow needs. An initial facility size of £165,000 was set up with view to this growing over time.

The Advantages:

• Credit insurance to protect you against bad debtors

• The funds are secured and valued against your assets

• Funds can be used for any business needs

• There is the possibility of being flexible in comparison to loans and overdrafts

Mail

Grow Funding ltd - 70 Goring Road - Goring by sea- Worthing - West Sussex - BN12 4AB

01903 660091

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