Fund the purchase of assets for your business such as company vehicles, plant & machinery, stock or fixtures and fittings. Loans are secured against the asset you are looking to purchase, and lenders will typically advance c.90% of the asset value.
Secured business loans are secured against a property – this can be your residential property, an investment property, or even against a property belonging to someone you know should they wish to provide their asset as security for your loan.
MCAs are loans raised against the future income of your debit/credit card sales. Repayments are at a fixed % of income from your card terminal and are typically repaid over periods of up to 12 months.
A bridging loan is used by individuals and businesses to purchase or raise capital secured against an asset. Unlike a traditional commercial mortgage, completions can happen much faster. The loan can be raised against personal, commercial or investment property.
Invoice finance is when the lender uses an unpaid invoice as security for funding, giving you quick access to a percentage of that invoice’s value quickly, sometimes within 24 hours. The amount of money a provider will lend you is based on its own risk criteria.
