When most people think of business loans, they often think of big numbers: £50K, £100K even £1 million.
But the impact of smaller finance, like a £5K business loan shouldn't be underestimated. Especially when it’s invested by a business in the right way.
If you’re considering a small business loan of up to £5K think wisely about how to intend to spend. Ask yourself what is the best way to get maximum value.
Investment in equipment or machinery can boost production and reduce costs. It can also create opportunities to offer new services to your customers. This can attract new business as well as increase your competitive edge.