What is a business loan?
Business loans are a type of borrowing specifically designed for commerce. Borrowing money can provide cashflow allowing your business to trade effectively, and can help minimise the effect of short-term cashflow problems. Loans are provided by many different finance companies; we can help you secure the best deal for your business.
You may be eligible for a business loan of from a minimum of £5k to over £500k, depending on your business requirements and ability to repay the loan. Business loans can be taken over long or short periods with the usual duration being as little as 3 months or as long as 5 years. Secured and unsecured loans are available.
Types Of Business Loan We Can Help With
As you can see there are multiple different types of loans, to get the right product for your business a dedicated finance broker such as MC Commercial Finance can be invaluable. We can also help with the loans that are available specifically to help businesses navigate the COVID-19 crisis. Contact us today to discuss your requirements, and find out more about all of the services that we offer.