Why should I use this type of business finance?

Working capital loans are quite simply a sum of money lent to you to cover costs in your business – with repayment terms to suit. An injection of short-term finance can ease cash flow, smooth over a quiet patch or grow your company - and working capital finance can give you the support you need. While you may know of lenders who offer this type of finance, searching for your perfect option can take up valuable time and could be detrimental to your business. Working with a broker will ensure that you get the right working capital loan from the right lender, leaving you to take care of what’s important – your company.

 

Points to consider

• Secure vs unsecured: Making sure you get the working capital finance that’s most suited to your needs can be complex. At Wealthmont, we are well-versed in the different options – including secured and unsecured loans and those which need a personal guarantee – and know which lenders are right for you.

• Bespoke terms: Your loan will be bespoke to your situation and rates will vary depending on the amount you need, the length of time you need it for and the reason you need it. Loans to fund investments may attract different rates to loans to support a drop in revenue, for example. Because we know the ins and outs of the landscape, it makes sense to use a specialist broker to find the best working capital finance.

• Hands-on or off: Working with Wealthmont will ensure the process is smooth, as fast as possible and the terms negotiated are the best around. You can be as involved as much as you would like to be – but be reassured that you can leave it entirely with us, if you prefer. We’ll get to know you and your business from the outset, so we understand exactly what your working capital loan needs are including what you are looking to spend the money on.