Small Business Loan
Citywide Lending offer multiple options when looking to obtain finance for your small business. Pending on the amount, you can select a secured or unsecured business loan, with various options of each available. We understand that finance needs to be flexible when running a business and therefore aim to secure the best loan option for you with the highest possibility of reducing unnecessary costs. Citywide Lending want you to spend more time focusing on running your business and less time stressing about cash flow
Exclusive interest rates mean that there is more time to focus on the important things
Did you know that there are many ways to finance growth and expansion for your business?
How can CW Lending help you?
Cash flow friendly repayments
There are endless opportunities with what your business can do with extra cash flow. Citywide Lending empathises with small businesses and know that cash is pivotal in the day-to-day runnings of a business. With our teams assessment of your finances and a vast array of loan options available, your repayments can mean extra cash in pocket.
Fast, hassle-free application process
Citywide Lending is built on efficiency and understand that when cash is needed for a business, it is needed now. With our skilled staff and a simple application process, we will work proactively to ensure you receive a response in a timely manner.
Unprecedented comparison of market-leading interest rates
Understanding the ever-changing property market is a strong suit for Citywide Lending. Leading experts in the finance industry, understanding current interest rates through consistent research, analysis and evaluation means that we provide you with options fitting for you and for your business’ future.
Things to consider before applying for a business loan
Invest your time in investing
Know what’s important
Getting advice on your small business loan decision
Small business loan eligibility criteria
Invest your time in investing
Becoming an entrepreneur is literally ‘risk taking.’ When you decide to take the plunge towards financing a small business, it is pivotal that you invest in professional, skilled and qualified advice. This advice assesses your current financial situation and your future prospects, and filters an appropriate loan type for your new business, without without jeopardising your financial future.
Citywide Lending want to filter the finest option for your purpose.
In saying that, things to consider prior to obtaining finance for your small business include:
- What type of industry is it?
- How much finance is looking to be borrowed?
- Are you familiar with your business’ credit score?
- Have you calculated your debt-to-income ratio?
- Have you set financial goals? If so, what are they?
- New or existing business?
- Can you afford to make repayments?
Running a business is no easy task. Having less financial strain gives you an opportunity to focus on the things that matter within your business. Let Citywide Lending alleviate the stress with our fast, hassle-free application process.
Know what’s important
Often always, applicants miscalculate the implications of loans and misunderstand the responsibility of one, especially whilst running a small business. Citywide Lending aims to ensure that you, the applicant, have a clear purpose when looking to obtain finance for your small business.
Important factors for you to consider are:
- What is the purpose of your finance?
- Is it to have fluid cash on hand?
- Is it to expand your business?
- Is it for equipment or for a vehicle?
- Are you able to commit to repayments?
- Have you considered a secured or an unsecured loan?
- Have you considered a fixed or variable interest rate?
- Are you aware of all the fees involved?
Citywide Lending appreciate that financing is detrimental to the future of your small business. If handled incorrectly, it can undoubtedly obstruct the success of your small business, and ultimately your personal future wealth status. Knowing the implications involved in financing can ensure that the decision being made is one with careful consideration and projected outcomes. Be smart, let Citywide Lending guide you.
Getting advice on your small business loan decision
There are a multitude of reasons to deciding to obtain finance for your business. More than often, stress leads to impulse decision-making, which then leads to committing to a loan. At times, this later on does not prove as a ‘smart move’ for your business.
Citywide Lending are the perfect candidates when looking to obtain advice regarding a small business loan. Our expert staff utilise their ongoing knowledge of the industry to best advise you on the decision to obtain finance. There are numerous factors we consider when we offer you advice:
- Current debts
- Current cash flow (inflows and outflows)
- Projected financial goals
- Purpose of cash
- Business objectives
- Day-to-day expenses
When applying for a business loan it is extremely important to assess both internal and external factors on the business, prior to committing to the decision to commit to a loan. It is time-consuming and emotionally draining. Citywide Lending can ensure that the loan you obtain is life changing, and does not negatively affect your business. Be positive.
Small business loan eligibility criteria
There is a strict criteria regarding eligibility when applying for a small business loan. Criteria includes, but is not limited to:
- Information regarding your credit score
- Current or previous loans
- Business duration (what stage of the business life cycle is your business in?)
- Annual revenue
- Annual expense
- Ability to repay (using data obtained from financial statements)
Before obtaining any type of loan for your business, it is best to consult with Citywide Lending to ensure that your business meets the criteria, and meets the criteria for fulfilling your business’ goals.
Becoming an entrepreneur is literally ‘risk taking.’ When you decide to take the plunge towards financing a small business, it is pivotal that you invest in professional, skilled and qualified advice. This advice assesses your current financial situation and your future prospects, and filters an appropriate loan type for your new business, without without jeopardising your financial future.
Citywide Lending want to filter the finest option for your purpose.
In saying that, things to consider prior to obtaining finance for your small business include:
- What type of industry is it?
- How much finance is looking to be borrowed?
- Are you familiar with your business’ credit score?
- Have you calculated your debt-to-income ratio?
- Have you set financial goals? If so, what are they?
- New or existing business?
- Can you afford to make repayments?
Running a business is no easy task. Having less financial strain gives you an opportunity to focus on the things that matter within your business. Let Citywide Lending alleviate the stress with our fast, hassle-free application process.
Often always, applicants miscalculate the implications of loans and misunderstand the responsibility of one, especially whilst running a small business. Citywide Lending aims to ensure that you, the applicant, have a clear purpose when looking to obtain finance for your small business.
Important factors for you to consider are:
- What is the purpose of your finance?
- Is it to have fluid cash on hand?
- Is it to expand your business?
- Is it for equipment or for a vehicle?
- Are you able to commit to repayments?
- Have you considered a secured or an unsecured loan?
- Have you considered a fixed or variable interest rate?
- Are you aware of all the fees involved?
Citywide Lending appreciate that financing is detrimental to the future of your small business. If handled incorrectly, it can undoubtedly obstruct the success of your small business, and ultimately your personal future wealth status. Knowing the implications involved in financing can ensure that the decision being made is one with careful consideration and projected outcomes. Be smart, let Citywide Lending guide you.
There are a multitude of reasons to deciding to obtain finance for your business. More than often, stress leads to impulse decision-making, which then leads to committing to a loan. At times, this later on does not prove as a ‘smart move’ for your business.
Citywide Lending are the perfect candidates when looking to obtain advice regarding a small business loan. Our expert staff utilise their ongoing knowledge of the industry to best advise you on the decision to obtain finance. There are numerous factors we consider when we offer you advice:
- Current debts
- Current cash flow (inflows and outflows)
- Projected financial goals
- Purpose of cash
- Business objectives
- Day-to-day expenses
When applying for a business loan it is extremely important to assess both internal and external factors on the business, prior to committing to the decision to commit to a loan. It is time-consuming and emotionally draining. Citywide Lending can ensure that the loan you obtain is life changing, and does not negatively affect your business. Be positive.
There is a strict criteria regarding eligibility when applying for a small business loan. Criteria includes, but is not limited to:
- Information regarding your credit score
- Current or previous loans
- Business duration (what stage of the business life cycle is your business in?)
- Annual revenue
- Annual expense
- Ability to repay (using data obtained from financial statements)
Before obtaining any type of loan for your business, it is best to consult with Citywide Lending to ensure that your business meets the criteria, and meets the criteria for fulfilling your business’ goals.
