Where to Obtain a Small Business Loan?
– the credit crunch has made it more difficult to shop around and compare business loan from lenders. This is particularly true for business owners seeking bad credit small business loans. This is because the number of loans on the market and stricter lending criteria is forcing more and more small businesses to opt for a loan from their own branch. In addition, an increasing number of women seeking small business loans, who return to work following raising a family, will not have the same credit history report to assist in the credit application process. With this in mind, the main sources of obtaining a business loan are as follows:- • Independent Financial Advisers – The first step should always be to seek independent financial advice from a qualified IFA. The contact details of local IFA can be found at unbiased.co.uk. An IFA will have access to the ‘whole of market’ loan rates from all market sources, and will be able to explain the pros and cons of obtaining business debt, as wel
