How much can my business borrow?

 The amount your business can borrow will depend on your unique circumstances. However there are some key areas which will have a significant impact on the amount you can raise:

  1. Your historical turnover
  2. Your historical net profits
  3. The value of your business or personal assets
  4. Whether or not you are a homeowner with equity
As a rule of thumb, for unsecured loans funders will want to see you have a sufficient debt coverage ratio. This is technical speak for the amount of profit your business has available to service any loan repayments.

For secured loans, funders will wish to see you have sufficient equity in order to provide them with reassurance the loan will be paid. 


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