Business Expansion Loans

As described in the name, a business expansion loan is a loan that is used to expand an existing business. 

Business expansion can cover a range of things that ultimately lead to scaling up your business to increase growth and revenue. An increase in revenue can increase profitability, so its important for all business owners to consider business expansion when their business is ready and at the right stage.

Whilst expansion is not always easy to achieve – bringing new risks, demands and hurdles for your business to overcome, the potential long term rewards that follow are usually worth the risk.

‘Expanding a company doesn’t just mean grappling with the same problems on a larger scale. It means understanding, adjusting to and managing a whole new set of challenges – in essence, a very different business’ – Sharon Nelton, Nation’s Business

Business Expansion Loans

Business expansion loans allow businesses to finance new ventures and take advantage of growth opportunities. If you’re considering an expansion loan for your business, you must first ensure that you have the correct infrastructure in place to support expansion. Key planning and analysis of cash flow and future projections should be carried out to ensure that you are ready to invest money into growing your business.

At AIF Management, our business growth loans enable borrowing between €1,000 and €500,000. Because the loans we offer are unsecured, you don’t have to worry about providing collateral. This means that you won’t need to secure the loan against valuable business assets in the event your business defaults on loan repayments.

Lenders charge interest on the money you borrow, which is calculated as a percentage of your unsecured business loan. The lender will also take various factors into consideration when assessing your business profile and determining your interest rate.

When taking out a loan you will receive the money in full upfront in just 24 hours. You will then be expected to pay back the money in scheduled monthly repayments over a pre-agreed repayment period of 1 to 5 years.