Commercial Loans Buying Guide
Overview
You may need additional capital for various reasons such
as: starting or expanding your business, purchasing or refinancing
equipment or restructuring your balance sheet.
A loan provides probably the most flexible solution to
meet your financial needs, but not always the cheapest way
to get cash. Depending on your situation asset finance/leasing
or factoring might present you with a better option.
A loan is an agreement in which a lender (finance company/banks)
gives money (principal) to a borrower, and the borrower
agrees to repay the money with interest, at some future
point(s) in time.
Loans are very flexible and can be structured to meet
your needs. When arranging a loan, consider its effects
on your cash flow and assets.
This section will give you a general overview. It does
not replace professional advice. You may wish to consult
your accounting and tax advisors before finalising a loan
to reap the maximum benefit and avoid complications.
