Growth Loans

Money to grow your business

What is meant by growth?

Normally we talk about an increase in turnover, i.e. the amount the company invoices or sells for. An increase in turnover of 5% is called good growth, over 20% is high growth and 50% is very high growth. Normally it is easier to increase turnover as a percentage for small companies than for large ones, but the effect is much greater if you already have a large turnover.

Rule: Try to maintain a steady and sustainable growth. Remember that it takes many years to build a large company.

Growth costs

It is expensive to grow. Anyone who has run a business knows that. But they also know that the business needs to grow to thrive. Our growth loans will help your business get the money it needs.

All businesses started out as small enterprises. Not all businesses are willing or able to grow, but there are those that grow year after year and become more and more valuable.

Does increased turnover also mean increased profits?

It is difficult to answer. Normally, higher costs go hand in hand with higher turnover. In order to increase profits, it is important to contain costs at the same time. Take a trucking company, for example. To increase turnover, you can buy another truck and hire a driver. But if you only hire one driver and drive more with the trucks you already have (e.g. by also driving in the evenings and at weekends), your costs will not increase as much, and your profits will be higher.

Rule: Hold back on costs and make sure you make the most of your investments!

Why do we need money for growth?

In order to grow, you usually have to incur costs first. These can be purchases of various items, marketing, development or hiring. Then it usually takes a while for the money to come in. This is called return on investment.

Rule: Don't forget to have a buffer to keep the company afloat until the returns come in.

Growth Loan - A business loan suitable for a small business that wants to grow into a larger company.

When is a growth loan suitable?

Our growth loans are suitable for many different needs. You decide how your business uses the money, but some common needs include

• Investment in marketing
• Purchase of tools and machinery
• Recruitment and training of staff

Does your business need a growth loan? Apply directly without the hassle of the bank. We'll help your business grow. And you can have the money you need in your account today.