An Alternative To Small Business Loans

Is lack of cash holding your business back? Maybe you want to invest in new equipment or upgrade your current plant. Or you’ve got a great idea for a new product or service but you can’t afford to turn your thoughts into reality. Small business loans can help solve your problem.

Most businesses need to borrow money so that they can grow. Sometimes they need to borrow money just to survive – that injection of working capital fills the gap between paying suppliers and being paid by customers.

Putting finance to good use

Here are some of the ways that businesses invest small business loans for their benefit:

  • To fund a sales and marketing drive for new business.
  • To fit out a new showroom, creating more sales.
  • To buy a piece of equipment that increases the range of services available.
  • To replace an aging telephone or IT network, improving efficiency.

Whatever the reason for taking out a loan, the objective is to generate new business and increase profits. This should more than pay for the cost of borrowing money in the first place.

Borrowing Money Through Invoice Finance

Businesses want a flexible solution to the problem of needing small business loans. That’s where Invoice Finance has a lot to offer. Invoice discounting or Factoring releases the cash locked into your sales ledger, giving you a cash boost.

Invoice Factoring offers the following benefits:

  • It’s available to almost any business offering credit terms to commercial customers.
  • The amount you borrow is only limited by the amount you invoice.
  • No assets are used as security.
  • It can be arranged quickly.
  • It can be carried out confidentially.
  • Invoice Factoring relieves you of the burden of credit control.

How much cash could you release from your sales ledger? Find out instantly online >>

Touch Financial Understand Small Businesses

Your business is unique and needs a finance solution tailored to its needs. We understand that, because we’ve worked with thousands of UK organisations over the years.

As the UK’s leading online commercial finance broker we have access to over 20 major lenders, including Lloyds TSB Commercial Finance. This means we can get to a range of small business loans and other finance products and we can help find the one that delivers what you want.

Our team of experts can give you the help and advice that you need to make the right choice. They’re entirely impartial because Touch is independently owned – so we focus on the needs of our customers. See for yourself – give us a call today.

Compare factoring quotes instantly online >>

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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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