Whatever business you run, there is a constant need to upgrade the technology otherwise you would lose your customers. Additionally, you need to find a reliable source that can provide you funds to satisfy your business needs.
The purpose of your commercial loan will affect how your loan is assessed:
- Investment (low risk): To buy or refinance a commercial property that will be leased.
- Owner occupied (medium risk): To buy or refinance a commercial property that is leased to or occupied by your own business.
- Working capital (high risk): Financing the day to day operations of your business or liquidity shortfalls.
Which lender specialises in the type of finance that you are after? As Prism Finance, we tend to explore all the options with you within the commercial funding market.
Prism Finance understands the need of continuing operations of the business as a going concern. So, we are happy to assist you in exploring your lending options.
Call us to discuss it further!