Tailor Made Financial Support

0
77

When a business is looking for financial support, it needs to know that the support offered will fit in with its requirements. There is little point in finance being available if the repayment schedule puts further pressure on the situation. It will merely be a stop gap and a further remedy may be needed fairly quickly.

Affordability

Companies that offer repayment schedules based upon affordability recognise that they are providing a service that is there to help. Of course, they must make a profit but imaginative solutions are likely to bring them more business and ensure that clients are happy.  When the client’s business is going particularly well, repayments may increase and vice versa. There are seasonal traders who will certainly have quiet months. Some may do the bulk of their business in the summer. Others will do well leading up to Christmas, but then be quiet for a couple of months. Finance that can be tailored to need yet repaid as and when it is possible, within limits, is an extremely valuable service.

Solutions

Companies such as www.ashleyfinance.co.uk are willing to talk about specific business needs and attempt, through discussions, to find the best solution possible. Where revenue is coming in from credit cards, it is possible to pay back a business loan automatically via the PDQ; at no point will there be a cash flow problem if the schedule is automatically linked to the PDQ, though of course the client will need to ensure that the revenue coming into the business will meet commitments.

The whole thing can be agreed from the outset. If a fixed percentage of every sale settled by credit or debit card is immediately transferred across to repay any loan, the debt will reduce. It is something that can be taken into account when the budgets are prepared, so the priority is simply to hit the sales target. That is not a figure that is guaranteed of course. However, with the economy improving, realistic budgets are far easier to reach than during the years of recession.

Innovative

This is an ideal solution for retailers or perhaps those in the hospitality business, where the calendar of events is the determining factor for sales. Those payments that are made in cash will be excluded from the system.  This is a fairly innovative approach that does require discussion. Anyone that feels they would like to know more will be welcome to ask. Such lenders realise the need to satisfy enquiries quickly and provide a service that will further reinforce a good reputation. It will cost nothing to get more information and get all your questions answered. It is simply a matter of contacting someone offering such a service and discussing things further.

Previous articleTop Four Tips for a Brilliant Advertising Campaign
Next article5 Helpful Tips for Managing Your Credit Cards in 2015
James is a financial expert who has contributed several business and finance related articles. His expertise and first-hand knowledge of economics makes his blogs and articles informative and helpful for those looking out for guidance and assistance in matters related to finance. He has an active schedule of TV and radio interviews He is co-host of the popular VT Radio show Jim and Gordie Show. latest-articles-buttonJim comes from an old military family dating back to the American Revolution. Dozens of Confederate ancestors fought for the South in the War Between the States. Uncles fought in WWII and Korea. His father was a WWII P-40 and later P-51 Mustang fighter pilot. Vietnam found several uncles serving, a cousin, and brother Wendell as a young Ranger officer. His mother was a WWII widow at 16, her first husband killed with all 580 aboard when the SS Paul Hamilton, an ammunition ship with 7000 tons of explosives aboard, was torpedoed off the coast of Algiers. He has been writing, speaking and doing public relations, television, consulting and now multimedia work for a variety of American heritage, historical, military, veterans and Intel platforms. Jim’s only film appearance was in the PBS Looking for Lincoln documentary with Prof. Henry Lewis Gates, and he has guest lectured at the Army Command and General Staff School at Fort Gordon. Currently he is working to take his extensive historical video archives on line to assist his affiliated organizations with their website multimedia efforts, such as the Military Order of World Wars, Atlanta, Sons of the American Revolution, Sons of Confederate Veterans , Assoc. for Intelligence Officers, the Navy League, Georgia Heritage Council, National Memorial Assoc.of Georgia.

Comments Closed