Raising Business Finance

The key is to secure the right business finance and type of funding at the right time to support your growth ambitions.

In a business environment that now requires much more than the traditional forms of funding  companies need to consider all available options to get the perfect fit for their situation. 

However, this is not always easy.

The finance world has changed dramatically in the past few years, with banks having tighter credit policies and new options such as crowd funding and spot factoring now a fantastic alternative.

Fortunately, there is 'credit appetite' from lenders who are keen to assist, but companies must know where to look and how to put a proposition to them. 

Using a Commercial Broker eliminates the need to conduct a 'beauty parade' of lenders, which can be extremely time consuming and ultimately confusing.

If you want to avoid a cashflow crunch stalling your growth put a contingency in place early. What’s more, be aware that a traditional overdraft or loan is probably not the best option. These facilities provide funds up to a specified limit. And if the business continues to grow it will soon hit that funding ceiling – so you have to keep going back for more. 

Being prepared is better than being surprised.