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Looking For Trusted Experts In Business Loans?
Looking For Trusted Experts In Business Loans?
Think that your business could benefit from a quick loan? Have you got a plan to propel your company forward in 2019?
The decision to take out a loan is never an easy one. But if you run a start-up company or are a business owner, one upside is you don’t have to worry about banking regulations and tightening credit criteria.
Businesses take out loans for all sorts of reasons: to bridge a gap in their finances, because they’re expanding or moving to larger premises, or because they’ve spotted new opportunities and don’t have the capital immediately available.
Why choose us for your business loan?
Grow Funding
can offer both peer-to-peer loans, short-term, secured and unsecured loans for a wide range of businesses. Whether you’ve started a new business or your personal credit is poor, our team could help supply the financial solution you need.
Our leading experts in Worthing want to help you company not just survive but thrive in today’s competitive business climate. This includes assisting you in managing your finances wisely. That’s why we only provide loans that are suitable for your financial circumstances. Our team are always happy to discuss any of your financial concerns, whatever they might be.
If you’re looking for hassle-free commercial loans, simply get in touch today.
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
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Grow Funding ltd - 70 Goring Road - Goring by sea- Worthing - West Sussex - BN12 4AB