Your SME Guide To The Business Loan Application Process

Posted: 1st November 2021

Here’s all you need to know about what you should be asking and being told when applying for business finance to ensure you get the right advice, on the right finance, from the right lender, at the right rate.

It’s essential you ask the right questions when looking into your SME business finance.

We’ve arranged thousands of business loans over the years and therefore we know exactly what questions would be being asked, and perhaps more importantly, what direct answers you should be getting back.

The questions that you need to be asking should include…

It’s equally as important that your potential lender asks you questions too, to ensure their finance offering meets your needs entirely, these should include…

With so many choices available to your SME business – traditional loans, dynamic lending, alternative finance and multifaceted options – we make it our business to support your business to secure your SME finance.  

Whether you’re looking to expand, invest in upgrades in technology or machinery, have a recruitment drive, negotiate better terms with suppliers, you need cashflow. Even if you’ve been refused credit, we will find your business the most suitable finance for your needs.

Knowledgeable and friendly, the Cashflow Bridge team understood, without judgement, the limitations we had on our business to borrow money – it wasn’t quite as straight forward as it could have been – as well as the urgency that was attached to it. Right away we knew we had come to the right broker.” Managing Director, Dennis Shaw, Loop Logistics.

As an independent business finance broker – with one of the most experienced teams in the UK – we have coveted fast track status with lenders and direct access to decision makers - gained through our reputation and expert knowledge of the marketplace. 

It’s this knowledge that means we can qualify your finance needs before we approach the lender because we understand what questions and answers from you and from us should be being asked!

What’s more, we deal with all the admin of your loan application too. Making the entire process straightforward, stress free, faster and usually secured at better rates than if you were to go direct!   

“I wanted a good deal, from a reputable lender, but going through all the small print was both onerous and daunting.   Thankfully, Cashflow Bridge took all of the hard work out of the entire process.” James Poole, Director of Blue Yorkshire Ltd.

Ask us how you get the right finance, from the right lender, at the right rate today.
Call our Managing Director, Kevin Weaver, directly on 07917 871832 or email his team at info@cashflowbridge.co.uk

 

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