The strategy for success is still what it has always been; build a marketplace to secure healthy sales with attractive margins and encourage loyal customers to return regularly.
However, the question of how best to approach and attract those customers is one each store must find an answer for – and sometimes, funding that can be a real challenge.
Invest to Grow
Whether you sell online or through physical outlets (or both), regular investment in your business is needed for it to grow. That could be as simple and regular as restocking, or it could involve adding new lines, securing a new location, or upgrading inventory and POS systems. And that’s before you consider the expense involved in marketing campaigns.
In the current economic climate many banks remain cautious about investment even into stable companies with strong prospects. A bank’s business lending team works by rules of thumb and generalities, and if the trend is against loans, even successful businesses can be rejected.
Fortunately, the new wave of financial providers pays more attention to the specifics of your business.
We specialise in loans to businesses, and our success is based on our experience and understanding of the industries our clients work in. We can accurately review your application and treat it on its merits.
Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!
Get in touch for a no-obligation chat today and secure the business finance that you need.