If you’re starting or expanding your business you may need to obtain finance.

 

Carefully consider the type of finance as it could affect your tax obligations and cash flow.

 

Before sourcing finance:

  • determine how much finance you will need
  • develop a sound business plan
  • consider the timeframe you will need to repay the loan
  • determine your ability to repay the loan

Two of the main types of finance include:

 

  • Debt finance – money borrowed from external lenders, such as a bank
  • Equity finance – investing your own money, or funds from other stakeholders, in exchange for partial ownership.

Apply for loan