A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. Business loans remain a challenge for most entrepreneurs… Common misconceptions are that one needs collateral or owners contribution against business loans. Government initiatives, that are here to stimulate our economy circumvent these historic funding requirements.
We’ve Identified The 5 top reasons Business Loans / Finance and Grants aren’t successful:
1.) A poor understanding of the funding process.
2.) Not understanding the requirements needed to access these funds.
3.) A poorly developed business plan and model.
4.) Risk & risk mitigation not strategically addressed, and;
5.) Financial projections that don’t conform to investment grading.
Accessing business loans shouldn’t be complicated or time-consuming. Loans For Business offers our clients customised support to allow you to achieve their critical growth objectives. Our support in raising venture capital extends to start-ups businesses, going-concern mergers and acquisitions or expansions of existing businesses. We provide you with integrated parcels of specialised corporate advice to ensure you maintain or develop your competitive edge – assessing the options and then craft the business approach, helping you “take the next step”.