• 1. Term loan:

  A term loan is a type of business loan where a lump sum amount is borrowed upfront and repaid over a specified period, typically with fixed or floating interest rates. Term loans are among the most common financing options for businesses, providing capital for various purposes such as expansion, equipment purchase, working capital, or debt consolidation.

• 2. Working Capital Loan:

  A working capital loan is a type of financing designed to cover a business's day-to-day operational expenses, manage cash flow fluctuations, and support short-term financial needs. Unlike term loans, which are used for specific investments or purchases, working capital loans provide funding to support ongoing business operations, such as paying suppliers, covering payroll, purchasing inventory, or managing overhead costs.

• 3. Machinery Loan:

  A machinery loan is a type of financing specifically designed to facilitate the purchase or upgrade of machinery and equipment necessary for business operations. Whether it's acquiring new machinery to enhance productivity, replacing outdated equipment to maintain competitiveness, or expanding production capacity, machinery loans provide businesses with the capital needed to invest in critical assets.

• 4. Invoice Discounting:

  Invoice Discounting allows small businesses to borrow funds for the short term. It is often used as an alternative form of a business loan due to its features. By submitting the unpaid bills of your company, you can receive up to 90% of the bill value to continue your operations. By leveraging invoice discounting loans, businesses can optimize cash flow management, improve liquidity, and maintain financial stability, ultimately supporting their growth and success.

• 5. Bank Overdraft/ Credit Lines:

  Bank Overdrafts and Credit Lines are valuable tools for businesses to manage their day-to-day cash flow needs, navigate financial challenges, and capitalize on opportunities as they arise. Businesses should carefully evaluate their financing requirements and compare the terms and conditions of overdrafts and credit lines offered by different financial institutions to determine the most suitable option for their needs.

• 6. Equipment Finance or Machinery Loan:

  A machinery loan is a type of financing specifically designed to facilitate the purchase, repair, or upgrade of machinery and equipment necessary for business operations. Whether a business needs to invest in new machinery to enhance productivity, replace outdated equipment to maintain competitiveness, or expand production capacity, a machinery loan provides the capital needed to acquire critical assets.

• 7. POS Loans or Merchant Cash Advance:

  The merchant cash advance includes an advance of capital provided on the daily sales of debit and credit cards. This is why it is important to ensure that the business includes enough cash flow to service the repayments. When a business is doing well, the amount that can be repaid is much higher.

Business Loan Features & Benefits