Successfully Funding Thousands Of UK Limited Companies Since 1989
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When looking for funding to kick start or grow your company, many business owners’ first instinct is to turn to their bank in order to secure this borrowing. Unfortunately, the majority of high street banks have an incredibly tough lending criteria which often leaves those most in need of an injection of capital – such as start-ups or those without a proven track-record of successful trading – unable to access these funds directly from their bank. While this can undoubtedly be frustrating, the good news is that you are not restricted to just your bank when it comes to securing funding for your business. There are now more ways than ever for you to source this borrowing, many of which offer much more flexibility than a standard high-street bank loan. So, if your bank has refused your company finance, here are some alternative options you may wish to consider:
If you have been refused finance by your bank, and would like to discuss alternative ways of financing your business, the experts at UK Business Finance are here to help. Using our industry knowledge and close working relationships with a whole host of lenders, we can scour the market to identify the most appropriate funding facility for your company, before working to secure you the very best deal possible. Contact our team today for immediate help and advice.
We work across a wide range of sectors throughout the UK, providing specialist advice to each sector.
What are the finance options for a growing or expanding business?
With such a wide range of finance options available for growing and expanding businesses, it’s difficult to know which one is the most suitable. This stage of business is crucial, however, and it’s important to make the right funding choices.
How to finance a business
Business financing and funding options have expanded greatly in recent years and you’re no longer restricted to loans from the major banks. The alternative finance market offers funding solutions that you may not have considered before, and that are typically quick to obtain.
How to get a business loan
The right type of loan can kick-start your business or provide the financial support that enables growth. Not all business loans are made equal, however, and it’s important to know your options and how to source the best deals.
What is a debenture?
A debenture is a legal document used to define the terms of a secured business loan for a limited company or limited liability partnership. It includes the full amount of the loan, the interest rate and term, and the specifics of the lender’s rights to the asset mentioned.