Lines Of Credit

Lines of Credit

Having enough available lines of credit to enable your business to operate efficiently is important. To ensure you have access to sufficient lines of credit it is important to take a strategic view as to what sources of finance you use. There are advantages and disadvantages of each option and it is important to seek expert advice regarding which option best suit your business. It is also important to realise that the best options in the early years of your business are not always going to be the same as your business matures.

The options that need to be explored are business loans, overdrafts, shareholder loans, equity partners, debtor finance, factoring supplier and vendor terms.

It is important that you take the time to explore all the options and develop a strategic plan for the financing of your business. Speak to us to find out how we can help you develop a strategic plan for your business finance.

For more information, read our Guide to Finance

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