BE SIMPLY SMART WITH YOUR COMMERCIAL LOANS 

Businesses often need an influx of cash, perhaps short term to help with immediate cash flow issues which are impacting on a companies ability to pay wages first instance. Or they may require cash to make a purchase of new equipment and machinery or another larger type purchase which is directly required by the business.

Whatever the use, businesses would look towards banks or finance lenders to obtain whats called a ‘Commercial Loan’.

Commercial loans like personal loans sees the application procedure being almost the same initially, which is the applicants worthiness, or credit worthiness to be more precise.  Similarly once past this obstacle the loan operates on a set amount and time to pay the money back.

Squashed Bills for Business can help businesses find the right commercial loan, however like any loan there are differing products available and listed below are just some:

Bridging Loan

A Bridging Loan is used by businesses to fill a short immediate finance need whilst looking to access a more permanent finance loan arrangement. Such loans could be taken out only for a matter of weeks up to a period of 3 years; bridging loans are more expensive compared to normal loans due the additional risks taken on by the business in needing the loan.

Business Development Loan

A Business Development Loan says exactly what it is, it’s a loan that business obtain in order to develop their business, such as new equipment and machinery, refitting customer facing areas, marketing….the list is endless

Business development loans have a number of options such as being bank rate linked, or a fixed interest rate, also the term of the loan could be a short or a long as you wish up to 30 years in some cases.

Government Backed Loans

A Government Backed Loan is a loan provided through a bank but a majority of it, which is usually about 75% is backed by the government meaning that a business would not need as much security to be able to obtain the funding….depending of course on meeting all the terms and parameters associated with such a loan in the first place.

Because this type of loan is government back you will find that the interest applicable should be lower than those of normal non backed loans.

Property Development Loans

A Property Development Loan is a loan designed to assist developers in the development and refurbishment of property both residential and commercial dwellings.

There are many types of property development loans and are very much specific to the individual and the project or development.

If you have a need for any type of Commercial Loan simply fill in the form and a representative from Squashed Bills will be in touch to go through things.

Should you be considering seeking any form of commercial loan for your business now or in the future, then please fill out the form above and a Squashed Bills for Business representative will be in touch in the strictest of confidence to discuss your requirements further.

• Dr Squash Commerical Loans Quotes :

              a commerical loan – is not an advert for money 

              until the product or service is paid for – it could be viewed as a business loan