Business Loans

Every business has its ups and downs when it comes to cash flow. Cash flow gaps don’t usually mean its not a great business, it simply means there is a time difference between when money comes in and when it goes out and there is a need to provide flexible access to a pool of funds to be called upon as needed.

Or you never know when the next opportunity is going to come along but having an available balance of cash available if you need it, means you don’t need to miss out on them when they do.

When you’re in business, having the right finance and risk planning in place can mean the difference between thriving and surviving. And no one is better placed to understand your needs than another small business owner. At TLIH, we deal with Self employed customers in and out, every day.

The loan is drawn in advance in full aimed at funding long term business investments that improve the earning potential of the business, such as new equipment. A fully drawn advance will generally be structured over a fixed term with scheduled repayments. The loan is generally secured by a mortgage over a residential or commercial property, or another acceptable asset. The use of security generally means that the interest rate will be lower than for other business loans. If the loan is unsecured it is likely to come with a higher interest rate.

Line of credit or equity loans can provide access to funds by allowing the business to draw on an account balance up to an approved limit. These loans are highly flexible and are commonly used to fund smaller capital requirements. They are usually secured against property. This means that the interest rate for a line of credit is likely to be lower than that for an overdraft, although failure to make payments will place the secured asset at risk of repossession.

Need a quick cash injection to the business? Do not want to secure business loan with an asset? Is your business trading well but you have not finalized your tax returns?

If this sounds like you, as long as you have been trading for last 6 months, and have a minimum income of $6000 pm, contact us for applying for a quick Cashflow funding through our panel of lenders.