Business and Commercial Finance
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Business and Commercial Finance
Business/Commercial financing can be utilised for a broad range of purposes, such as the
- The purchase or acquisition of a business
- Business expansion or development
- Purchase of business assets, including plant and machinery.
- Business restructure, including shareholding changes.
- Working capital
Terms and conditions can vary markedly between lenders in terms of Business/Commercial finance, including the security they demand. This may be taken over residential property, commercial property, land, or the business assets themselves, or a combination of any of these. A General Security Agreement (GSA) may also be a stipulation over and above tangible security cover.
Similarly, there can be a marked difference between lenders on loan terms, interest rates and product features. Business/Commercial finance is often structured by way of both longer-term business loans and shorter-term revolving credit facilities (such as overdrafts) to give businesses the flexibility of managing their cash flow effectively.
Epsom Finance have experience in dealing with lenders who provide business and commercial financing. This means we understand their criteria and their requirements and are well placed to present an application on your behalf that will have an increased chance of being considered favourably.
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5A Crescent Road, Epsom
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+64 21681919
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kelly@epsomfinanceltd.com