Independent Business Finance Brokers
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Free Advice 01903 660091
Unsecured Loans with Grow Funding
Unsecured Loans With Grow Funding
When considering a Business loan you will need to bear in mind there are many different options available.
At Grow Funding we often have clients asking for an unsecured loan because their business Bank has turned them down.
Unsecured loans usually pay out very quickly and can offer as much as £350,000 over 5 years.
Grow Funding has the experience and industry connections to search across the independent lending market to achieve the best deal for your business.
At Grow Funding we have found over the years that more companies have less assets, this could be because modern times and technology allow for less physical stock, and more consultancy businesses are appearing. Either way the independent lending market is adapting… you just need to know where to look to get the best unsecured loan. By contacting us here at Grow Funding we use our in depth knowledge and experience to make the process as easy and as fast as possible, We also take care of processing the paperwork so you can spend your time focusing on your business.
Grow Funding offers a FREE ADVICE service, so if you have any questions about unsecured loans,
please call us on 01903 660091 or by emailing us on expert@growfunding.co.uk
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
Grow Funding ltd - 70 Goring Road - Goring by sea- Worthing - West Sussex - BN12 4AB
01903 660091
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