Equi-Advance is a private company that specialises in providing the most suitable short term credit solutions for companies. The organisation processes applications swiftly and offers the most competitive interest rates in the market as well as the most flexible terms and conditions. By choosing Equi-Advance, you are guaranteed a quick and reliable cash flow management
solution. Loans that are offered are suitable for small and medium enterprises.
Good reasons to choose Equi-Advance
A shorter loan term makes the cost of borrowing smaller as the interest amount due is smaller as well. Up to R300 000 in finance is made available, with a repayment term of between 1 and 12 months. Loans are secured by an immovable asset as a form of collateral. The one major drawback is that you will lose the asset if you do not repay the loan as per the terms and conditions of the agreement. These loans are most useful for companies that need an efficient form of cash flow management.
Advantages of Equi-Advance loans
There is usually minimal paperwork involved with private business loans. Unlike with banks, private business loan providers may provide lower interest rates. No background or credit checks. While mainstream lenders will use these checks to determine how trustworthy you are, private business loan providers might not place too much importance on this factor.
By applying for private business loans from Equi-Advance, you may be able to get access to capital in small amounts. Traditional lending institutions, like banks are often unwilling to provide short term loans for companies. Private lenders like Equi-Advance provide tailored financial solutions.
You also need to have a clear repayment plan, detailing how and when you’ll repay the loan. You need to keep lenders informed about the ups and downs of your business. During the application process, you’ll need to provide your business plan as well as clear and thorough financial information. To contact Equi-Advance, call: 087 940 9114