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Urgently Need Business Loan

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Comments

  • The only problem with factoring is that the company would take a personal guarantee, which should things go wrong you would be liable for the debt
  • lawrie28
    lawrie28 Posts: 2,666 Forumite
    Xmas Saver!
    I may be wrong, but factoring does not really like lending against invoices for services, rather than goods.

    And yes, factoring would take a PG, but this would only be an issue if the other companies went bust and failed to pay the invoices.

    What do you need to buy before you get paid?

    how have you made £2k profit, but not yet had your merchant account activated?

    Can you chase any of the invoices you have already written and see if you can sweettalk them into paying?

    Can you take cash/cheque on any of your private jobs?

    Being honest, it is unlikely that you will get business funding, because of your credit history and the length of time trading.
  • gb12345
    gb12345 Posts: 3,055 Forumite
    Queenlsy wrote: »
    Need a Business Loan and Personal Loans from $5000 $10,000,000 00. Get your no obligation FREE quote now! Repayments up to 1 to 10 years. No Collateral, Money paid into your account within 24 hours. For more Info contact us today via email:STUPIDSCAMMER@gmail.com

    Scammer spam reported
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