The Importance of Bridging Finance to Small Companies
There comes a time in the growth and development of any company where a fresh injection of cash is needed in order for it to take that next leap forward and flourish. This isn’t always possible through traditional lending means but bridging finance can provide that addition that can make a real difference to a company’s success.
For some companies there is a real necessity for brand new equipment to make the push into a new phase of development for both products and services that are sold to the public. Other times it might be required for an expansion of existing property to fit this equipment and/or new staff members, and at some stages of development there will be a need to move into bigger commercial premises.
Getting this right whilst balancing cashflow is crucial to the long-term success and stability of a company and bridging finance is the perfect option for those start-up and small businesses who need that extra cash now, with a view to being able to pay back in full at a later date, without it impacting on the ability to pay bills, suppliers and staff now!
Call First4Commercial today and a member of our team will be happy to talk through your existing situation, look at plans for growth and how best to help you achieve the purchasing of equipment, the expansion of office space or the purchasing of new business premises in order to help you realise your dream of being more than just a start-up company that has survived its first year. We look forward to helping you achieve your goals.