If you’re already a successful business owner or have just received a generous inheritance, you’ll have no trouble financing a new venture. Not only do you have cash, but banks are probably lining up to loan you money. You’ve already got it, so you don’t need it, but that’s exactly when financial institutions (and people) are anxious to give it to you. What about the rest of global aspiring entrepreneurs? There are plenty of smart, ambitious and hardworking folks who need to secure financing to build or buy a business—can be very difficult to secure, so if you’ve gone down that road and been denied, you are not alone.
FUTURE LOANS (IOM) LIMITED is here to tell you that there is still opportunity ahead: There are other ways to fund your business, some of which you may not even have heard about yet—and one of them will be right for you. So, to make your search a little easier, here are my top three alternative options for funding a business:
1. Portfolio loans
Many entrepreneurs fund a business by selling securities they personally own and then investing the cash they earn from the sale into their business.
What those entrepreneurs may not realize is that there’s an option to use a portion of a portfolio to invest in a small business or franchise without selling the underlying securities.
A portfolio loan allows you to leverage the value of your portfolio assets into a revolving line of credit with a loan-to-ratio value (a lending risk assessment that lenders use) between 65 percent and 90 percent.
These loans can offer fair interest rates and a longer amortization time frame, and generally they move from application to approval in just a few weeks. In addition to attractive terms, entrepreneurs can continue to reap the rewards of appreciation as their stocks increase in value.
This prerequisite is where FUTURE LOANS (IOM) LIMITED comes in to insure our clients receive whatever funding the need and that’s what makes us a leading private financial institution.
What to watch out for:
Unlicensed and unregulated lenders are what you need to avoid. The Financial Industry Regulatory Authority strongly recommends using their UK company check to verify the licensing status and background of promoters, lenders and anyone else involved in the transaction and if the value of the portfolio declines and the borrower has drawn down the entire line, the borrower may have to bring in outside capital, or sell securities, to maintain the appropriate loan-to-ratio value.
Unsecured credit
Another method of funding a new business is through an unsecured line of credit. (The traditional version of this method—using a secured line of credit—is to use your home or other business’s assets as collateral.) But in the case of FUTURE LOANS (IOM) LIMITED, we do not require collateral for such loans. We need is a written personal repayment guarantee for loans repayments.
If you’ve got ambition and drive but lack the liquid funds to purchase your slice of project dreams, one of these alternative funding options may be the right choice for you. Just remember to investigate business opportunities and financing options diligently.
Give FUTURE LOANS (IOM) LIMITED a time to evaluate your business and fund you with a flexible interest rate of 3% annually.
futureloansiom@gmail.com
loans@floans-iomltd.com
Website: https://www.floans-iomltd.com
Phone: +44 077 4168 0089
