WHEN LOOKING FOR A BUSINESS LOAN, MAKE PURPOSE YOUR CENTRAL CONSIDERATION

Written by Marilynn Leonard – Funding Hub. MMS Group was granted permission to use this article by the author.
Today there are many types of loans, from many types of lenders, including business loans that are available to business owners.

The good news is that you do not have to go the “bank or bust” route and you do not need to spend a huge amount of time figuring out what works best for your current business needs. Service providers, like FundingHub, make it their mission to match lenders and their various products to qualifying applicants.

In this previous article we shed a little light on the availability of “alternative lenders” as well as products such as term loans, secured or unsecured loans, invoice discounting, factoring, purchase order finance, merchant cash advances, asset finance, asset rentals, line of credit, trade finance etc.

Read more on How to ‘Shop’ for the right business finance.

This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice.  Errors and omissions excepted (E&OE)