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Do You Need a Business Startup Loan?
Managing your cash flow can be incredibly frustrating, particularly for a new business. You want to pour your energy into business development but making sure the bills get paid takes up too much time.
You might not need money to fund a new piece of equipment or fit out a new office. All you need is some extra cash to bridge that gap between the payments you have to make and getting paid by your customers.
A business startup loan is not just for investing in new hardware or facilities. It can also provide the working capital essential to keep a growing business afloat and successful.
Flexible Loans for Flexible Needs
The best business startup loan is one that:
- Is quick and easy to arrange.
- Allows you to borrow what you want, when you want.
- Puts you in control rather than it controlling you.
- Requires no security.
- Is flexible.
One of the most flexible forms of finance available to businesses is invoice discounting or factoring. It delivers all the benefits above, and more.
What Invoice Finance Gives You
Invoice finance – discounting and factoring – unlocks the money that’s tied up in your sales ledger. It gives you immediate access to funds you’ve already earned. It’s also a common business startup loan solution.
The benefits of invoice finance include:
- Get paid up to 90% of your sales invoices as soon as they’re raised
- Spend less time worrying about your cash flow
- With factoring there are no debtors to chase – the lender does that for you
- The service can be kept confidential
Want to find out more about how factoring could benefit you? Get an online quote now.
Find out how much you could release from your sales ledger instantly online >>
Flexible Solutions from Touch Financial
You need to talk to someone with the knowledge and experience of the finance options available to UK businesses.
Whether you’re after a business startup loan or you’re a more established concern, you still need someone with the right expertise, and who’s impartial.
You also want a service that’s inexpensive, or even better, free of charge.
We can do all of that at Touch. We’re not owned by any of our lenders, and our fees come from them, not you. We’re the UK’s leading commercial finance broker and we work with some of the top lenders, such as the Royal Bank of Scotland.
We’ve delivered benefit to thousands of UK organisations, helping them save money and time by creating tailored finance solutions. We allow them to focus on what they do best – running their businesses successfully. Can we do that for you?
Compare factoring quotes instantly online >>
Also in this section:
- Guide to business finance loans
- How to find medium term business loans
- How to get business loans
- Overview of new business startup loan
- Business startup loan
