For all businesses, scaling from a start-up to a MNC takes various factors to be in placed. These includes capable staffs, retaining employees, acquiring customers, managing suppliers, purchasing inventory and various other factors all in place.
However, all the above is only possible with enough capital, which companies can use various methods to obtain. This includes, but not limited to, the following options:
Working Capital Loan (EFS)
Business Term Loans
Secured Loans (Property and Machinery etc.)
Contract / Invoice Financing
Purchase Financing / LIS
Overdrafts
Private Funders
The above are the most commonly used financial tools which companies utilises to achieve the financial goals to take their company on to the next step, securing bigger and more significant projects to help grow their business. Different financing methods will also differs in the requirements as well as the documents required, which also varies from different banks and financial institutions.
Hence, many frequently ask which is the best financing method? Unfortunately there is no one shoe fits all method, and advisory can only be possible after reviewing the company informations and business processes to deem the most fitting solution, as utilising the incorrect financing will cause the company to have limited growth due to loan quantum and future applications of financing.
Thus with our knowledge of the industry, we assist companies to review their businesses processes and documents before advising and assist to manage the banks/financial institutes to achieve the appropriate financing, with the aim of achieving the largest loan quantum with lowest interest applicable for the companies.
If you would like to start your financing journey with us, contact us for a non-obligation consultation and learn how we could assist your company to achieve your goals.
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