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Does anyone know anywhere that does emergency or easy to get business loans ? We are a small business in the UK and due to a client paying late we are really in the lurch and need a small loan to cover us for a few days ? Does anyone know where that could help or do a loan thats fairly easy to get ?
By Posted on 06/02/10 Total Answers 4
Answers-
http://www.fairinvestment.co.uk/small_loans.aspx
Answer by : jace_lamv On Date 2010-06-02 09:29:18

You go to your bank and get a line of credit.
Answer by : Henry On Date 2010-06-02 10:03:08

It's actually harder to get a business loan than a personal one. Your best bet would be to speak to your bank about a temporary overdraft (or increase to your existing one if you have one). You would need to be sure that it really was only for the time you state though as, if your customer doesn't pay up when they say they will your bank will not be happy and you'll be facing charges. That's about the only choice really unless you make a temporary loan to the business yourself if it's an amount you can afford.
Answer by : Jabberwocky On Date 2010-06-02 13:52:20

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Answer by : Pona On Date 2010-06-02 22:30:39

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