Secured business loans offer a longer repayment period and more competitive interest charges. By using an asset as a security for the loan, the business can repay the loan over the period of up to three years. This offers the benefit of more time to use the funds within the business. With an unsecured loan,...
Saving interest is a top priority for finance deals. Every business owner wants to access working capital and bridging finance at the best interest rate. So, in this article we would like to show you how you can always pay less interest on your business loan. The key to saving interest is in the repayment...
When clients delay their payments, it directly affects your business cash flow. If it is the 25th of the month and your bank balance is low and salaries are due. You will need a fast cash injection to keep your business liquid. Traditional channels like banks can take weeks for approval. Banks also do not...
Understanding the impact of business turnover on financial prospects is paramount for entrepreneurs who are eager to advance their ventures. Consider the case of John, a driven entrepreneur with a vision to expand his business empire. With a business turnover ranging between two-to-five-million-rand, John approached Premier Finance with high hopes of substantial support. However, receiving...
How do you grow your business with a working capital loan in 2021? Back in 2014 I had attended a wealth seminar in search for new ideas and opportunities. There were a few speakers, including international guests pitching their brand or business. The place was buzzing with entrepreneurs and business owners. We all were to...
Rolling down a hill without brakes is an image in many minds when thinking of the current financial state of South Africa. So how do we navigate our businesses through what seems like an inevitable crash? Prudence is power for South African business owners and action on tough decisions await as things unravel. Let’s take...
Welcome to the business owners guide to successful funding. “Dear client, we regret to inform you that your funding application has been declined” – a message that many business owners received last year. We helped many businesses realize their funding applications in the millions during 2019 and we had a great time helping those clients....
