3 Benefits of Business Loans

BENEFITS OF BUSINESS LENDING FOR YOUR ORGANISATION

Business loans are used for a variety of reasons. The organisation may be seeking to invest in new equipment, buildings or financing cash flow.

1. GROW YOUR BUSINESS

Finance, technology, and manpower are essential needs of any business. Finance is however a key aspect which makes it possible for businesses to meet all the other needs. Therefore, the required cash flow can be highly critical for expanding your business since it can be used for various purposes to grow the business. You can arrange another facility or buy the required equipment to speed up your business. Additionally, owners have the freedom to use the money according to their preference. It enables them to utilise the funds depending on the needs of the business.

At Consultas, we realise the potential of small businesses and arrange a variety of small businesses loans for funding, expansion plans, financing new equipment, and increasing business inventory.

2. KEEP CONTROL OF THE COMPANY

A bank loans money to a business based on the value of the business and its perceived ability to service the loan by making payments on time and in full. Unlike with equity finance where the business issues shares, banks do not take any ownership position in businesses.

3. FLEXIBLE REPAYMENT OPTIONS

At Consultas, we research the market to secure the most flexible repayment deal for our clients. This makes it easier for the business to operate without the ongoing pressure of a repayment plan that doesn’t suit the business.

If you feel your business could benefit from a particular type of business loan, our team can research the market to secure the best terms by negotiating with all of the banks and financial institutions.

Feel free to call us or email:

Tel: (01) 554 3904 | E: niall@consultas.ie | W: www.consultas.ie

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