How can a business finance professional help?
For years, business owners have remained loyal to traditional banks mainly due to not being aware of the alternative options available. However, times are changing and business owners are beginning to realise the value of having an experienced business finance professional or commercial broker to advocate on their behalf.
Focus on what you do best
Let’s face it, business owners know how to run their business but very few have the appetite to start the lengthy and complicated process of applying for finance.
That’s where an Inovayt commercial broker comes in.
Once you have experienced our value, service, choice and professionalism, it’s likely you’ll never go directly to a bank again.
What can a business loan be used for?
A business loan can be used to help your business grow and evolve. You may have an opportunity to acquire the premises from where you operate your business or perhaps you need finance to purchase a competitor’s business.
Business loans are traditionally secured by a residential or commercial property, however, unsecured options are starting to be offered by lenders that are interested in seeing smaller businesses grow. Lenders want to know how the business intends to use the borrowed monies, so business owners must make sure to have a clear outline for how the money will be spent. Both unsecured and secured lending will require the business to meet certain turnover and profitability criteria.