our services
Term Loan
A term loan is a common type of business financing. The loan could be secured or unsecured. The amount accessible is determined by the credit history of the company, while the term ranges from 1 to 5 years for unsecured business loans and up to 15 to 20 years for secured company loans. A term loan is mostly used for capital expenditures. The authorized funds are disbursed in one lump sum by the lender.
2. Start-up Loan
A start-up loan is intended for budding businesses. Due to lack of business experience, applicants for such loans may not have a strong credit history. As a result, the lender factors in the borrower’s personal credit history and the company’s credit record when determining the loan’s application. Turnover data and other factors are also considered when determining the loan amount, term, and interest rate. .
3. Working Capital
Working capital loans are small business loans used to cover the shortfall in cash needed to run a business. It creates the essential cash flow balance to run a business. This loan can cover a cash shortage during the off-season or to meet consumer needs during busy seasons. Service providers, producers, distributors, merchants, and traders involved in exports and imports commonly avail.
Other planning
We offer unique business lending programmed for women entrepreneurs. There are many other types of loans which can help businesses. If you are looking for a business loan, FMI helps business owners efficiently run their business through loans at a low interest rate. You can also take a personal loan for self-employed people from Fundingme Inc (FMI) and use it to give your business the boost it needs.
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Best Financial Advice
Understanding the basics of money management can position you to hit your financial goals earlier than expected.
Loan Structure
How loans are customized based on the risk of the borrower and the nature of the credit request. Loan Structure
Assess Your Financial Health
Small business ownership, securing adequate funding can often be the difference between stagnation and growth.
Personal Loan
How to secure a loan for your needs even with a low credit score.
How to get a loan for your business even with a bad credit score.
Benefits of Taking Business Loans
Setting up a business and then running it requires loans/funds. You can only convert your business plan into reality with the proper inflow of funds.
Risk Mitigation
Rapidly changing business landscape risk management has a critical function for financial institutions. effective risk mitigation strategies can help organizations navigate uncertain economic conditions.
Business Growth
like most business owners, you’re always looking for ways to grow your company. But growth can be expensive, it’s not always easy to come up with the money you need to finance it.
Pros and cons of unsecured business loan Pros and cons of unsecured business loan
Unsecured loans could fund faster than secured loans since they don’t require collateral.
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24 Endeavour WayLondon SW19 8LG, United Kingdom: 44(740) 256-7154
36 Great Charles Street Queensway, Birmingham B3 3JY: 44(740) 256-7154
24, Office 1, Izabella, 26 Regent Pl, Birmingham B1 3NJ: 44(740) 256-7154