Business expansion funding
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I am looking for advice on funding for expanding my business. What type of business loans are out there and what advice do you have with regards to obtaining funding for expansion. I feel I have been searching a lot and everything has mushed into one. So I wanted to get personal opinions on what has or hasn’t worked for people. Thank you in advance 😊
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Comments
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Do you have a business plan to show to the lender and accounts from the business showing profits?
Does the business have assets to secure the loan against?"We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein1 -
if you meet the criteria you could get a bounce back loan.1
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Clive_Woody said:Do you have a business plan to show to the lender and accounts from the business showing profits?
Does the business have assets to secure the loan against?
Thanks for your response, I do have a business plan and accounts showing profits. However, I don't have assets to secure against the loan.0 -
LB96 said:Clive_Woody said:Do you have a business plan to show to the lender and accounts from the business showing profits?
Does the business have assets to secure the loan against?
I don't have assets to secure against the loan.0
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