Commercial Loan

Also known as short-term business loans - commercial loans for growing business funding are paid back over time, and you may be able to agree flexible repayment plans.

What is a business cash flow loan?

Often known as business cash flow loans and short-term business loans - commercial loans are business finance options provided by private sector funders. This can include high street banks and other financial institutions. Commercial loans will require you to repay them, with an element of added interest, over a set period of time.

Eligibility and exclusions

Any business or enterprise that is actively trading, is eligible to apply for a short-term business loan. This makes them ideal for all types of businesses, with business loans for self-employed people and sole traders being commonly utilised.

Benefits and scenarios

One of the great things about business cash flow loans is that you don’t need to give up a portion of your business to access the cash. It means you can retain full control of your business.

Commercial loans are also relatively quick to access, meaning you get access to cash that helps you grow.

Repayment schedules can also be set up flexibly to suit your business' needs.

Risks

An important thing to remember with commercial loans is that you need to be able to afford to make repayments on time. If you are unable to make a repayment, this could impact your ability to access finance in the future.

Things you can use for securing a business loan

If you’re securing a business loan, you can offer physical assets, equipment or property associated with your business as ‘security’ for the loan.

This helps reduce risk for your lender and can lead to lower interest costs.

Think a commercial loan could be a good fit for you?

If you’re considering business cash flow loans, get in touch with us today. One of our specialists will be able to advise you on how to get started with tailored advice for your business.

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