Sometimes working hard is not always being smart.
In a recent survey of small business, one threat to financial health was the growing burden of short-term expensive credit.
Consolidating existing creditors into one monthly payment can release capital and generate positive cash flow for developing new income streams.
Our client has a good credit rating and a ‘fair’ trading record for 5 years.
To fund development, they had amassed 8 major loans and leases – with total Indebtedness £185,000 and total monthly payments of £10,999.
We were able to halve the monthly payment and release capital!
We obtained a 5-year unsecured facility with a repayment of £5,100 at 9%pa settled the credit AND provided an additional £65,000 surplus.
Debt consolidation over 5 years unsecured, or longer when secured by property (business or personal), can reduce the monthly burden AND the interest rate too.
Check your eligibility now …. with no commitment or credit searches. Click:<Link>
“Thank you for all your help over the last few weeks, we would not have had a hope without it. Best wishes to yourself and your family and here’s to a prosperous and stress-free 2018! Thanks again”
Sweep up those debts for savings in 2018.
accessfunds, helping small businesses unlock opportunities.