Pinnacle Business Finance Ltd

An unsecured business loan is a finance product that is only secured against a business by a personal guarantee. The business owner doesn’t have to be a homeowner making it more accessible to UK businesses. A traditional business loan can be over a set term with fixed monthly repayments and no margin for flexibility such as a high street bank loan. There is a wealth of alternative finance options out there for businesses who are looking to grow their business and require an unsecured loan.

Business Mortgages

Commercial mortgages come in a vast range of shapes and sizes, and most busy business owners don’t have the time or skills to deal with them. This is where Pinnacle Business Finance comes in, offering tailored commercial finance from Bristol, without forcing you to do all of the leg work. We’ve already built relationships with providers and have extensive negotiation experience, enabling us to get you the very best deal on your business mortgage.

A commercial mortgage is in essence a form of a secured business loan, a property loan if you like. In the event you fail, the commercial mortgage lender would take ownership of the property to settle the debt. People commonly refer to commercial mortgages as business mortgages.

Leasing – Leasing vans, cars, and machinery are becoming very popular for a multitude of reasons, with one of them being the removal of stress. For example, when leasing a van for a courier business, it takes out a lot of pressure on repair bills and a huge upfront cost. By leasing a van, a deposit is taken at the start of the term with fixed monthly repayments. The lease can include maintenance packages to cover breakdowns and servicing costs. In the agricultural industry, asset finance is pivotal to their success because of the value of the equipment.

Asset refinance – This is where a business refinances equipment they own to release funds that they may use in other areas. For example, if they are a printing company that owns a wide format printer and wants to refinance it, a funder will buy the asset and give them a payment. Then the funder will lease it back to them, so they own the asset at the end of the term. Asset refinances can be very effective if a business doesn’t need to take on additional finance but instead utilise the assets they already own.

If your recruitment business is starting its journey, then get in touch with Pinnacle so you’re not left wondering what recruitment invoice finance can offer to the growth of your business.

Pinnacle Finance has a wide spectrum of recruitment invoice finance solutions in Bristol and across the UK. We have invoice financiers that are 100% focused on recruitment agencies. Increasing turnover and keeping positive cash flow is crucial when growing any business. Having an invoice financier can reduce your workload and keep you focused on running your business.

Invoice finance allows your transport business to have a cash flow that can help it grow. It’s a way of leveraging against outstanding invoices to release working capital. You can release up to 95% of all outstanding invoices, giving you a boost to your businesses cash-flow, whilst having the security of the funding. You can also credit insure all your invoices to protect against defaults in payments.

Running a transport, haulage, or courier business often incurs cash-flow issues due to high asset finance costs that include trucks, vans, and machinery.

With the added pressures of daily expenditure such as fuel and wages, compounded with 30, 60, or even 90-day payment terms, cash flow can become problematic. That’s why the largest businesses in Bristol and the UK use invoice finance to support their business.