Business Finance Loans

New start ups need money. Money to purchase stock and equipment, to fit out premises and for marketing. They also need money to bridge the gap until customers start paying.

If you’re starting a new business, or your business is relatively young, you might be thinking of raising money through business finance loans. The challenge is knowing where to start. There’s no shortage of choice when it comes to business finance.

Types of Business Finance Loans

The different sort of business finance loans available include:

It’s not easy to tell which one would be right for your business. Each type of business loan has its pros and cons, and not all are appropriate for every type of commercial operation.

One difficulty for a start up is the absence of a long trading history. Lenders want their customers to grow and be successful, but they also want a guarantee that they will be repaid on time.

Flexible Finance for Start Ups

What start ups need is fast, flexible access to business finance loans. They don’t want to be bound to long-term commitments, and they need something that requires minimal administration.

That’s why Factoring makes a good solution for start ups. It has flexibility and low overheads, there’s no need for security and it brings extra commercial benefits.

Factoring releases the cash locked up in an organisation’s sales ledger. Instead of waiting for customers to pay up, the lender settles the majority of the invoice within a day of it being issued. This gives an immediate boost to cash flow.

The lender also takes over credit control, freeing you from the frustrating administration of chasing debtors. You focus on generating business and they focus on bringing in the cash.

Find out how much you could release from your sales ledger instantly online >>

How Can Touch Financial Help?

We’re the UK’s largest online commercial credit broker – which means we know where the money is, and we can help you find it.

We work with over 20 of the UK’s top lenders including Lloyds TSB Commercial Finance, and because we’re independent we’re also impartial. We match organisations with business finance loans that meet their specific needs.

Over the years we’ve helped literally thousands of UK organisations to find the money they need. How can we help you?

Compare factoring quotes instantly online >>

Commercial Finance Services – Online directory of commercial finance companies in the UK

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Every month Touch Financial help businesses improve their cash flow with invoice finance. Request a quote to find out how much extra cash you could raise.

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