5 reasons to choose a Linked Finance stocking loan for your business.
Posted by markkane on 12th October 2020
As your business enters the busy Christmas period, you’ll want to have the financial resources ready to move fast to meet customer needs and keep well stocked.
If you want to invest in growing your business, purchase more stock, take advantage of a bulk purchase opportunity or improve your working capital then look no further!
Here’s 5 great reasons why you should take a closer look at Linked Finance for your winter stocking needs:
- It’s simple
Applying for a Linked Finance stocking loan is very simple. All businesses trading in Ireland over 2 years and with a turnover of €100,000 can apply. It takes just a phone call or a short application, and three easily-accessible documents to get a finance request underway:
- 6 months bank statements
- 2 years’ full accounts
- A Tax Clearance certificate or code
- We move quick.
The most successful businesses are those that respond fast to customer needs. So if you need to restock fast or bring in a new product line, the last thing you want is a long scenic ride along the paper trail and time-consuming meetings with your Bank Manager to get the finance. Instead, simply get in touch with Linked Finance though our 1 minute online application or give us a call on 01 906 0300.
We keep the process simple, personable but above all we can move fast. We offer 24 hour credit decision and fast drawdown of funds.
Our Restart stocking loan is designed for businesses to gain access to funds quickly without the endless back and forth with traditional banks.
- We’re flexible
We offer loans for whatever your business needs to run and grow. So if you need stock for your store, we can arrange a stocking loan for you with no restrictions on drawdown. What’s more, you can also benefit from penalty-free early repayments if you want to clear the loan early in the new year.
- We offer step by step support
We know it’s not everyone’s idea of fun arranging finance for your shop or business. So we do everything we can to make it simple. This starts with having dedicated account managers assigned to your finance request, so you have a name and direct contact details to the person who is closest to your application.
Our dedicated account management team will guide you through the process and what you can expect at every stage. They know the market and they know about the challenges SMEs face when accessing finance so they are ready to help you get the finance to keep your business moving.
- We are dedicated to Irish SMEs
Linked Finance was set up to meet the clear need for SMEs to have a simpler, faster way to access finance. Since 2013, we have been actively supporting SMEs to get access to much needed working capital to run and grow their businesses and we would like to help you to do the same. To date, we have arranged over €138m of finance for Irish SME’s, including over €10m of finance during the Covid-19 crisis.
Find out more about our Christmas Stocking Loans here.