Business Loans – Flexible Funding Solutions for SMES

Business Loans Available For:

• Expansion of business operations
• Purchasing of newer facilities, equipment or technology
• Business maintenance costs
• Cashflow management
• Inventory management
• Fulfilling of purchase orders
• Asset refinancing
• Additional recruitment
• Marketing projects
• Almost every other business-related expense

Running a profitable business requires you to always stay on top of the cashflow – the old adage “cash is king” is certainly prevalent. However, at times, cash does not flow as well as it should, pushing businesses to look elsewhere for a temporary solution. In such cases, you can apply for a small business loan to cover any sort of business expenses whatsoever.

Commercial Finance Network, being an industry-leading, whole of market commercial finance broker, helps you secure a business loan that is structured entirely around the needs of your business.

Key Features of the Business Loans We Broker

• Each business loan brokered by us is customised for the borrower.
• Business loans typically starting from as low as £20,000
• Business loans made accessible, regardless of the size of your business
• Flexible repayment terms, competitive interest rates
• No hidden fees
• Free, no obligation quotes available
• Decisions typically within 24 hours

Why Take a Small Business Loan?

Every business requires cash inflows to meet a variety of expenses. From paying staff salaries to planning a new marketing drive, these expenses can be varied in size, urgency and importance. At times, your business just can’t meet some of these expenses – this is when a well-timed business loan will not only save the day, but also help your business move ahead in the market.

Commercial Finance Network helps your business loan application reach some of the most trusted business loan lenders in the UK, maximising your chances of securing a business loan.

What You Need to Know Before Applying for a Small Business Loan

Business loan applications are often approved quickly by lenders where certain conditions are met. Some of these conditions are:

• Your business is physically situated in the UK.
• A good track record for credit.
• You manage your business expenses through a business-only bank account.
• Annual turnover of your business is satisfactory (as per the lender’s discretion) to be able to cover repayments with ease.

Types of Small Business Loans

Business loans are usually taken to meet miscellaneous business expenses. Lenders tend to scrutinise business loan applications based on a few standard parameters.

Revenue Based Business Loans

In this type, lenders will assess the revenue consistency of the business over a period of time to make sure that your business has what it takes to repay the business loan in full.

Purchase Order Based Business Loans

A PO based business loan is almost exclusively used to fulfil outstanding purchase orders that are set in stone (with money in escrow, for example).

Inventory Based Business Loans

These business loans are backed by a certain stock of inventory. While not too common elsewhere, inventory based business loans are routinely taken by retail businesses.

Asset Based Business Loans

This is the most common and the safest type of business loan for lenders – and hence the easiest to obtain. Business assets such as land, buildings, machinery or vehicles are used as collateral.

Potential Based Business Loans

You’ll rarely see lenders approve business loan applications based solely on the potential for growth of a business. That said, many tech start-ups succeed in finding loans structured as repayable investment to stay on track.

Why Commercial Finance Network?

Getting a business loan on your own can be an arduous task, especially if you run a small business. If you approach a high street bank for a small business loan, your application will most likely be buried in paperwork. Other mainstream lenders will require your business to pass a number of health checks – some of which even the best businesses can’t come close to passing.

Commercial Finance Network makes sure that you get what you came to us for – a fair, flexible and fast business loan to help you meet any and all business expenses.

However, all is not lost. Here’s what makes our business loan services rank among the best in the UK:

• We do not reject any application based on superficial checks. We manually scrutinise every application to ensure that deserving businesses don’t get stuck for the want of funding.
• Our panel of whole of market business loan lenders consists of licensed and responsible lenders spread across the UK, which tremendously improves your chance of securing a business loan.
• We not only process every initial application within 24 hours of us having received it, but also work with lenders to fast-track the release of funds to your bank account once approved.
• Commercial Finance Network has widespread local presence in the UK. Our representative in your district will help you through the necessary paperwork and any other queries you may have.
• We prefer developing business relationships, rather than just doing business. As part of this ethic, our customer service team is available to answer your questions.