Covid-19 Business Funding Options
There are plenty of funding options to help businesses during Covid-19 and beyond. And that’s reassuring for business owners to know – especially during these uncertain times. These flexible funding options can quickly deliver finance to businesses, with minimum hassle. Whether your business needs a short-term cash flow boost, or ongoing liquidity to pay the bills, you need to know all the options. Which lenders are open, what’s available, and importantly, which funding solution is best for your business needs.
And once the economy reopens, it will be even more important for businesses to have access to finance to get back on track and thrive. Having sufficient finance will be critical – whether it’s to pay the wages, keep suppliers on-side, invest in IT or plant, or even just rebuild depleted cash reserves after the impact of Covid-19. For some SMEs there’ll be expansion opportunities. Importantly, whatever the scenario, as a business owner, you need to know that finance is readily available, to ensure your business can emerge strong and thrive post Lockdown.
Here’s a range of flexible funding options to help Businesses during Covid-19 and beyond:
SBCI Covid-19 Credit Guarantee Scheme Loans – these flexible loans can help SMES impacted by Covid-19. The low interest, unsecured loans have very flexible repayment terms. The loans are suitable for working capital, refinancing Covid-19 related debt or investment.
Invoice Finance – your business can quickly access cash from a single invoice on an adhoc basis, or a single customer, or your entire debtors ledger. You can get up to 90% cash from unpaid debtors invoices within 24 hours. This funding can be in place in 1-2 days.
Fast Business Loans– these loans are ideal if your business needs to access cash quickly and you want a fast decision. These flexible loans ensure cash in the Company Bank account within 48 hours.
Asset Finance/Refinance – this fast funding solution is ideal if you need to invest in capital equipment, and you want to preserve the company cash. By using Asset Finance or even refinancing existing assets, you can have your funding sorted within 24-48 hours.
Talk to the Experts
There are many other funding options to help your business trade through Covid-19 and beyond. If your business needs a temporary cash injection, on-going working capital finance, or funding to invest or refinance or expand, whatever your needs, we can talk you through all the appropriate funding options. With our unrivalled expertise and key contacts, we can guide you through the entire process, so you get the right funding for your business, quickly and with minimal hassle.
PHONE US NOW on +353 1 438 6462
If you would like to have a confidential chat regarding your business funding requirements, call us today, or email lucinda@clancybusiness.com, or simply request a callback.
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