Raising finance

Author
Discussion

davidd

Original Poster:

6,531 posts

291 months

Monday 9th May 2005
quotequote all
Lets ust say my business wanted to borrow some cash (lots of it) to fund a large purchase. How might I go about it?

The sums are high (well they are for me) but we would be able to pay of a loan of that amount over about 5 years.

I would rather have a loan than external investment.

Thoughts?

D

ATG

21,371 posts

279 months

Monday 9th May 2005
quotequote all
Is the "large purchase" something you could use to collateralise the loan?

Roughly how much do you need and what is it you're buying?

>> Edited by ATG on Monday 9th May 17:07

john75

5,303 posts

254 months

Monday 9th May 2005
quotequote all
Commerial Bank would offer better rates than on High Street if figures are Millions Plus then might be worth borrowing from a bank offshore that could offer an even lower rate.