three sources of growth finance for your business
TRANSCRIPT
RANGEWELL'S FINANCE GUIDESgive you the tools to speak with authority on
the wide range of business finance solutions
available in the UK today. Keep clicking to
learn about growth finance, or visit
blog.rangewell.com for more information.
GROWTH FINANCE:Any money raised to grow a business,
whether that means hiring more people,
taking on more contracts, or simply moving
into a bigger space. Growth finance can
come from many different sources. Here,
we'll discuss three of the most popular.
Loans specifically designed to fund new physical assets,
like machinery or equipment, can be used to help a
business increase production. New assets can be
funded by hire purchase schemes as well as several
different types of leases.
To learn more about asset finance, click here
SOURCE 1: ASSET FINANCE
A business can physically grow by taking out loans that
allow it to move to larger premises, whether by renting
or buying. Commercial property finance can include
mortgages, leases, and specialised loans such as
development loans.
To learn more about property finance, click here
SOURCE 2: PROPERTY FINANCE
Increasing working capital can be done in several ways,
including by refinancing assets or factoring or
discounting invoices, and can give a business the extra
cash necessary to take on new contracts.
To learn more about working capital, click here
SOURCE 3: WORKING CAPITAL
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