In today’s world where we are surrounded by choices and options for any type of purchase it can often be frustrating to find exactly what we need. If we relate this to the world of business finance, we have an abundance of choices. There is a vast array of financing options available, but how do we know which is the right one?
Here is our simple guide to the business finance options available:
Business loans – a traditional loan which can either be on a short of long-term basis, can be used for virtually any purpose and offers good flexibility with repayment terms.
Business asset finance – using any asset on a company’s balance sheet as security for any form of lending.
Business line of credit – securing a boost in funding giving you a strong cash reserve that can be utilised as and when required.
Equipment financing – any business looking to purchase equipment or machinery can source funding to immediately purchase and benefit from the assets but with a flexible repayment plan.
Invoice financing – boosting cashflow by receiving payment for an invoice as soon as it is issued rather than having to wait 60 to 90 days for payment to be received.
Property finance – the purchase of a commercial building through either a traditional commercial mortgage or a business loan.
Here at NGI Finance we have over 50 years of working within the finance industry and are confident that we can source the correct finance option for your specific needs. To discuss further please call us on 01993 706403 or e-mail email@example.com.