What Are Your Choices?
Its never easy, do you go to the bank, make an appearance on Dragons Den.. or chance it with your ‘Great Aunt Sheila’? We understand this and have developed a strategy that helps SME business owners find the right sort of funding that suits them.
A business loan is a basic form of financing that involves borrowing money on the agreement that it will be repaid by an agreed date – often with interest.
Business loans can either be secured or unsecured. Secured loans require some form of collateral in case the business fails to meet the interest obligations or repay the loan. Unsecured loans do not require collateral but may require the owners to agree to pay back the loan if the business cannot. As always, it is a good idea to seek advice before agreeing the terms.
Equity funding is a form of financing that involves selling shares in the business in exchange for finance. Equity funding typically does not require ongoing repayments in the way that a loan does. This allows investee companies to reinvest their earnings in growth. Some investors are able to provide considerable support in addition to money, such as corporate governance, market intelligence, strategic planning, advice on acquisitions and more.
Many SME business owners want an investor that is dedicated to adding value and igniting growth, but which does not demand control over key decision-making. This, in a nutshell, is what GGGlobal offers.
We are a different kind of equity investor that is committed to the success of each business we invest in through growth funding. We invest minority capital, keeping owners in control to set their own path for growth. Where we add value is through the expertise and experience of our teams, and the valuable connections we can introduce you to through our Talent Network – one of the largest groups of its kind in the UK and Ireland.
If you’re interested in partnering with an investor that puts your company’s growth first, contact our team today.
Merchant Cash Advance
PDQ cash advance is a short-term unsecured business funding product. Its name derives from a PDQ Card Payment Machine, this is where repayments for the PDQ cash advance are taken from at source. The repayments for the advance are charged at a percentage split. This is usually about 7% of each transaction goes towards repaying the unsecured cash advance. Some businesses, like the hospitality industry have the seasonal cash flow this funding product is a perfect fit. It is suitable for businesses which take a percentage of their sales via card terminals . Find out more here.