Guide to financing the purchase of
a business - Raising the finance
The
last decade will certainly be remembered as the period that saw
the most significant revolution in Financial Services. In our
consumer orientated society the range of loan sources available to
prospective business purchasers has been considerably extended and
the lending institutions are launching more sophisticated products
to meet the growing demand.
With
this in mind, one may rightly question the need for a finance
broker, yet it is precisely because of the multitude of options
available that the service of a finance broker becomes even more
essential. With such a choice it is important that the best
available facility is secured in terms of rate, repayment, and the
general loan conditions.
Through
our access to clearing banks, finance houses and building
societies we can arrange funding for all types of business
involving both leasehold and freehold properties. Our aim is to
select the most appropriate source to meet your specific
requirements and ultimately to ensure that the right funding is
available at the right time and at the most preferential rates of
interest. Lending parameters are constantly changing and it is a
function of a broker to keep abreast of such changes to ensure
that competitive terms are always being offered to you.
It
is never too early to speak to us during your search for 'your'
business, as you may in fact require guidance on precisely how
much you can borrow with the funding you have available. What we
can arrange for you will depend very much on you, your background,
the business in question and the security being offered, together
obviously with the ability to meet repayments.
You
should not hesitate to get in touch with us with regard to your
own requirement and you are welcome to make telephone enquiries to
our office or, if you would prefer, you can make an appointment to
see one of our consultants.
We
offer a total package and in the areas outside our
specialisation, we can effect the appropriate introducers to our
expert contacts.
Finance Links:
This links below will help you understand the
finance aspect of a purchase of a business.