When is the best time to think about Commercial Loans?

Published on 21st March 2018 - Last update on 31st December 2018

Is your business in need of some extra cash, or do you a have a project that needs additional support? Although it’s tempting to simply go and dip into your own savings, doing so could result in any number of issues for your business. So why not explore another route? Providing you with the means to borrow the money that you need, Commercial Loans are an important driving force when it comes to stimulating growth, investment and sustainability. An umbrella term describing a wide variety of finance products designed exclusively for businesses, Commercial Loans enable you to pursue your goals and aspirations in total confidence. However, are you aware of when should be thinking about applying for a Commercial Loan? Three of the most common reasons for considering a Commercial Loan may involve:

  • Business projects
  • Cash flow
  • Establish business credit

Can I use a Commercial Loan for business projects?

Yes. With a Commercial Loan you could gain access to a range of products allowing to you to do anything, including purchasing property, acquiring equipment, completing renovations, refurbishments, or updating IT to developing new products and services. Just some of the products that are available to help you include Secured Loans, Unsecured Loans, Bridging Loans, Development Loans, and Commercial Mortgages to name a few. So, no matter your goal or which direction you intend to take, Commercial Loans can help you grow and achieve ever-greater success.

Need a cash injection? Got a project that needs financing? Apply for a Commercial Loan or find out more about how your business could benefit!

Can I support my cash flow with a Commercial Loan?

Absolutely. Whether you’re anticipating a seasonal downturn in sales or if your working capital has taken a turn for the worst, applying for a Commercial Loan could help support your business’ finances during this awkward time and even engage in projects to resolve the situation. By utilising finance products, or packages such as Asset Finance, Working Capital Finance, Term Loans or Revolving Credit Facilities, you can stave off the adverse effects that could have resulted and come out on top. So if you’re having issues with your business’ finances, don’t just put up with it. Give your business the support it needs through applying for a Commercial Loan.

Can I use a Commercial Loan to gain a cash injection?

Of course. If your business needs extra cash after completing a prior finance agreement, covering a large expense or in preparation for an upcoming business project, there are plenty of ways that you could receive a cash injection for your business. Just some of the many products that could help you in this pursuit include the likes of Term Loans or Asset Refinance. So by considering a Commercial Loan for your business, accessing the cash you need could easier than you may have initially thought.

Thinking about applying for a Commercial Loan?

In order for any business to grow from strength to strength, ensuring access to sufficient funds at a moment’s notice is crucial, whether for additional support, acquiring new equipment or even redeveloping your property portfolio. The question, however, is how? Although seeking a Commercial Loan is certainly a step set in the right direction, the issue is that it covers a wide range of business finance packages and products. You need to delve deeper and assess what aspects of your business needs financing, which products are compatible with your goals and how much your business can safely afford. Although it can be daunting having to make a choice with so many different finance solutions available at any one time, there’s no need to navigate it alone. Help and support are at hand. If you’re looking for a cash injection or way to achieve your business goals, apply for a Commercial Loan today, or find out more with Rangewell.


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David Harrison

David Harrison

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