Seeing that many SMEs are needing tailored and specific finance as a result of the pandemic lenders have been reviewing and modifying both their offering and lending criteria.
Despite what the media is reporting, many lenders are ready and waiting to lend; supporting the nation's businesses. You do, however, need to know where to find them.
There's a huge choice of SME finance options available to you – whether your business is established or a relatively new start up.
SME Finance for Thriving Businesses
Many SMEs are thriving, therefore they require cashflow injections to help them take advantage of the growth opportunities available to them. This funding is being used to increase output, negotiate better terms with suppliers, purchase additional stock, hiring new staff, even to acquire larger premises. This is why cashflow and working capital have never been so important. That's why your business needs to consider a specialist SME business loan.
SME Finance To Break The Lockdown Slump
Meanwhile, some SMEs have struggled during the pandemic. Now lockdown measures have eased, but the threat of further lockdown looms, many small businesses are needing to look at a business loan to help them get back on their feet, to gain some financial stability for the forthcoming months.
It's widely advised that SMEs should not use their own personal finances to assist their businesses – too much is put at risk. Instead, unsecured loans are an ideal choice for SMEs looking to kick start their business.
Government Backed Lending Scheme
Have you considered a Government backed CBILS loan? As an approved and authorised broker, here at Capital Corporate Finance (CCF) we are able to arrange your CBILS lending of up to £500k. Our success rates are around 90%, compared to just 50% nationwide.
Our arrangement of SME CBILS loans is quick, easy and successful. Yet, be mindful if arranging yourself; applications are complex and require very specific information resulting in just 50% of cases being accepted when applied directly – as mentioned previously, CCF boast a 90% success rate!
Fast Track Status – Faster And With Better Rates
To look at your lending options contact CCF today. Call me direct, Carole Roe, Founder and Managing Director, and take advantage of our privileged fast track status, seeing us arrange your finance faster and often at lower cost than going direct! Call 07785 596053, or you can email me on carole@capitalcorporate.co.uk
This week, 8th March, the world celebrates International Women’s Day
Then you need me if you need cash for your SME business - from £20k to £20m, I'm here to help.
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