CASH FLOW LOANS FOR BUSINESSES
Cash flow business loans are a short-term unsecured form of commercial finance, used to help businesses manage their cash flow. The loan is usually reliant on the future cash flow of the company to ensure repayment of the loan – they are therefore unsecured.
The funds raised by cash flow funding are generally used to cover the daily operations of the business such as paying bills, rent, training employees and staff wages.
Retaining the ability to manage these daily operations can be particularly important when dealing with seasonal payment cycles or unforeseen expenses – and that’s where we can help.
How do small business cash flow loans work?
Cash flow financing uses the generated cash flow as a means to pay back the loan, rather than the physical assets of a business.
Cash flow funding is a good option for seasonal businesses or businesses that find themselves in short supply of working capital for periods of the year. They can also be of huge help to businesses that do not have many physical assets.
Whilst sales or cash flow may fluctuate and decline during certain periods of the year, the business costs remain consistent. A cash flow loan can help the business maintain a steady balance book.
Since cash flow loans are short-term – and usually repayable over terms of three to 12 months – applying for them is generally easy.
Need help? Call us on 0191 410 4776
The benefits of short-term business cash flow loans
Short-term cash flow loans therefore provide businesses – and particularly seasonal businesses or start-ups looking to establish some regularity in their cash flow – with a number of benefits.
These include:
Quick access to cash
For smaller businesses, unexpected costs – such as the breakdown of vital machinery or uncontrollable damage to key infrastructure – could have a huge impact, particularly at the end of the month.
Our cash flow business loans can help businesses become more resilient, deal with this impact and stay operational throughout.
Flexibility
Due to the short-term nature of cash flow loans for small businesses, they’re more easily obtained than longer-form commercial loans. This means less restrictive eligibility criteria and the ability to tailor the loan agreement to your specific circumstances.
No major collateral required
Because these loans are unsecured and based on business performance, there is no major collateral required when taking out a short-term business cash flow loan – so they’re more accessible for smaller businesses.
Different types of cash flow business loans
As well as our dedicated cash flow loans for businesses, we proudly offer a range of different forms of commercial and asset finance that could be better-suited to your needs and specific circumstances.
For example, if your business has suffered due to key machinery breaking down, it may be more beneficial to opt for a traditional hire purchase agreement. This kind of loan would provide immediate access to the asset but with a longer repayment period, spanning the asset’s entire lifetime.
Equally, if your business’ cash flow issues can be attributed to reliance on invoices, our dedicated invoice finance facility could be better-suited to your needs. Similarly, businesses that are highly reliant on credit and debit card payments could augment their cash flow with a merchant cash advance.
Businesses that experience month-on-month fluctuation in their cash flow with less predictability than seasonality may need to make use of an organised overdraft, offered as part of our business credit card agreements.
How can Anglo Scottish Finance help?
If you’re looking for a reliable finance facility to help your business bridge cash flow gaps and help manage your company’s growth more easily going forward, Anglo Scottish can help.
We maintain a varied portfolio of funders from a vast range of backgrounds. As such, we can offer a wider range of lending terms than many other cash flow finance brokers. If your business was ineligible for funding from a traditional banking institution, you may still be able to access funding with Anglo Scottish.
Our range of funders also means that we can also offer sector-specific support.
HOW IT WORKS
Five steps to easy finance. Find out how we get you your finance lease below.
Decide
DECIDE
Decide on the asset you need to help your business grow
Talk
TALK
Talk to us, tell us about your business and the asset you wish to acquire.
Approval
APPROVAL
We will reach out to our panel of lenders on your behalf to gain approval.
Sign
SIGN
Sign your document, once approved we’ll send you your documents to sign. After which we will transfer payment to your asset supplier
Final checks
FINAL CHECKS
We’ll do a final check to make sure everything is running smoothly, and you can start reaping the benefits of your new asset.
Get in touch
Still unsure about whether cash flow funding is the best option for your business? Our team are on hand to support with any enquiry you might have.
Contact us today to find out more about our services or simply begin a no-obligation chat.
You can also reach us via phone at 0191 410 4776 or via email at enquiries@angloscottishfinance.co.uk.
Need help? Call us on 0191 410 4776