Are you ready to take your business to the next level? This may mean purchasing new equipment, buying a new retail store or purchase building a brand new factory. Whatever the case may be, there is one common need – finance.
So, what’s the best way to finance your expansion? Some owners may elect to fund the expansion using cash reserves, some may elect to offer equity in the company as a method of raising capital, whilst some may elect to simply borrow the money from a lender.
Getting a commercial loan
One of the benefits of getting a loan instead of using cash reserves or equity capital raises is that you retain your ownership of the company, and don’t place undue stress on your monthly cash flow. You’ll also have a clear picture of your future costs, as well as finance options such as line of credit/redraw (depending on your situation and loan).
Speak to ACHL today
With access to over 40 lenders, including commercial loan specialists, we can help you find the ideal loan for your needs. Our number is 1300 79 338, or you can email us at firstname.lastname@example.org.