A recent client needed to borrow $1,000,000 to purchase a property. He would lose the property if he couldn’t settle by Friday. He called us on Thursday morning so we had just 24 hours to close the deal.
A recent client needed to borrow $1,000,000 to purchase a property. He would lose the property if he couldn’t settle by Friday. He called us on Thursday morning so we had just 24 hours to close the deal.
Cash is king. Nowhere more so than in small business – it enables the purchasing of stock, paying of staff and contractors or even paying debts. It also enables small businesses to invest in new opportunities or innovate – but cash for these businesses can be a little bit chicken and egg. Which comes first?
In the world of commercial finance, traditional lenders have had a monopoly for quite a long time. However, things are changing. Borrowers facing difficulty getting loans from these lenders are more open than ever to exploring alternative options.