If we gave you £150,000, what would you spend it on?
You might say that’s very generous of you folks and immediately order a Ferrari or pay your mortgage off, but what if we also said that you have to find something to spend it on in your business that would give you a return.
📈Could you employ a new salesperson and combine it with some extra marketing?
📈Could you acquire another company or competitor?
📈Could you purchase a new vehicle or machine which would make you more competitive or enable you to diversify?
📈Could you employ a manager, freeing you up to concentrate on preparing your business for sale and an exit?
What could one of these options change your bottom line or your personal lifestyle?
We’re not advocating borrowing money for the sake of it but most big successful businesses out there, that didn’t take decades to build, were built on using other people’s money. (OPM)
If spent on the right thing the interest paid just becomes a tax deductible overhead which pales into insignificance compared to the difference it could make!
Personally we feel that too many business owners don’t take advantage of opportunity when it arises because they are too cautious.
It could be £250k or £500k, it all depends on the size of your business and the size of the opportunity but we’ve used £150k as an example because it’s a meaningful amount which is usually obtainable and the repayments won’t break the bank.
Think big, what would you do with £150k?
Let us know your ideas and we’ll arrange it for you. This could take the form of a business loan, asset finance or a revolving credit facility.
Partnering With a Small Business Loan Specialist
Small business financing specialists such as the team at First Oak Capital can help you find the right cash flow products for your business’s needs. Get in touch with our team at 0800 066 3677 or get a quote to get started today!
