Using short-term lending to secure that can’t-miss deal

In Business, planning is everything. But every now and then, an opportunity comes out of the blue and it’s just too good to miss. But how do you move fast on a great deal if you don’t have the cash ready?

24-09-2019

Business

In Business, planning is everything. But every now and then, an opportunity comes out of the blue and it’s just too good to miss. But how do you move fast on a great deal if you don’t have the cash ready?

At Together, we’ve spent the last four decades helping businesses grow and thrive, with commercial loans and short-term finance designed for the pace of modern commerce. We specialise in bridging loans – a great option if you can pay it back in the short-term – and use experienced underwriters, not tick boxes, to make a common-sense decision.

If you’re not sure how short-term finance can support your business, here are just a few examples of where we can help:

Covering your start-up costs

Cash flow can be challenging when you’re just starting out, so short-term finance could help you get out of the planning phase and up and running quicker. Bridging loans can help with stock, infrastructure costs and general trading costs until the cash starts rolling in. And because you can borrow over 12 months, and on some of our products only need to pay it back at the end of the term, it could be the ideal option to give you some financial breathing space in those tricky early days.

Dealing with a cash flow crisis

Waiting on a customer to pay their bill when you’ve got a big outlay on the horizon – like your tax bill – can be incredibly stressful. But if you know the money’s coming and just need cash to plug the gap, a bridging loan could be the answer.

Bridging funding gaps

Got a big order coming up and need cash to buy new kit or pay extra staff to get the job done? re you converting a building but you’re in funding limbo because it’s part-way between residential and commercial? Short-term finance can help fund one-off costs and gaps between current and future value and can be paid off when all that hard work pays off.

We’ll consider commercial bridging finance for a range of properties, including:

✓ Residential investments.

✓ Semi-commercial properties.

✓ Retail units, restaurants and takeaways.

✓ Offices.

✓ Warehouses, factories, and other industrial units.

✓ Working farms, and land.

✓ Hotels.

Got big plans for your business? Give the Together team a call on 0330 127 2371 or visit togethermoney.com

Any property used as security, including your home, may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

Together is a trading style of each of the undernoted companies, which have their registered office address at Lake View, Lakeside, Cheadle, Cheshire, SK8 3GW: Together Commercial Finance Limited | Registered in England and Wales – Company Registration Number 02058813. Auction Finance Limited | Registered in England and Wales – Company Registration Number 04949929. Bridging Finance Limited | Registered in England and Wales – Company Registration Number 03166982.

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