While owning a business is an ideal many of us dream of, sometimes it’s not all that it’s cracked up to be. Money related problems can crop up all too easily, despite prudent budgeting and financial forecasting. Without any warning, things can go wrong – equipment can break down, sales can take a hit, and because most small businesses naturally tend to have a limited cash flow, dealing with these unanticipated issues alone isn’t easy.
The world (particularly the business world), is an unpredictable place. It can feel incredibly frustrating and disconcerting when everything isn’t quite going to plan, and you suddenly find yourself with severe short term cash flow problems. Remember that you aren’t the only business owner out there who is struggling, and there is plenty of help at hand. AIF Management offers straightforward, fuss-free business loans which can provide your business with quick funding when it needs it the most.
The main difference between an emergency business loan and a standard business loan is the time in which they take to process. Short term emergency loans are handled a lot quicker than normal business loans, with quicker application and payment processes, specially designed for emergencies.
Here at AIF Management, we provide emergency business finance through our unsecured business loans. As our loans are unsecured, there is no need for you to secure the provided funding against your valuable assets if you do not wish to do so. This type of business loan is flexible and offers many great potential benefits to SMEs.
Once your application has been approved by one of our trusted lenders, you can expect to see the fund in your bank account in as little as 24 hours. Our speedy, emergency finance has proved to be an excellent opportunity for businesses that have found themselves in a crisis.
While it is fair to say that more traditional lenders are unlikely to be able to provide your business with the prompt funding that you require, as the application and approval processes tend to be longer and more extensive. Many banks can leave you waiting around weeks and in some cases months, for a loan, which is the last thing you need when you are struggling financially.
By opting to borrow with AIF Management, you can expect to be offered the best rates, helping you to keep the amount repayable as low as possible.
Once you have received your loan, you will then be expected to make repayments on a fixed monthly basis, over 1 to 5 years. Our quick, short-term business loans provide the perfect solution for businesses in urgent need of finance.
With a business loan, your small business will receive the cash injection it needs to help rapidly recover its financial stability and cash flow. This influx of cash can be utilised; however your business requires it – from the replacement of broken equipment to paying off bills and investing in staff training measures.
There are no strict limitations as to what the loan must be spent on, so there are numerous ways in which it can help your business to recover from its financial issues.