Starting—and maintaining—a healthy business is very tough. I would know; I’m a business owner. It takes so much more than a great idea for a business to flourish; perseverance, a great team, the right equipment, partnerships and service providers—not to mention a host of additional factors—all come into play. One of the most important factors, though, (if not the most import factor) is money. Money is the lifeblood of a business—without it, you’re on the street or working for someone else. But for most founders and smb owners, funding a new venture is a necessary, but energy-sapping, distraction. They need it, but they don’t want to do it.
Funding a business can take many forms. Founders can raise money from friends and family, professional investors, the general public via crowdfunding and even themselves. The Google founders famously funded their startup with credit card debt. Of course there’s always bootstrapping, but as you’ve heard, it really does take money to make money (99% of the time). Finally, there’s always the option of getting a business loan.
But getting a business loan can be tricky—if not downright painful. Many banks will deny entrepreneurs for various reasons and it can take a lot of searching (and time, which entrepreneurs are always short on) to find a bank willing to lend to you.
And that’s when a service like Ezbob comes into play; this is a company that excels at small business loans. With Ezbob you can apply for and receive business funding at any hour of the day from any Internet-connected device. The funds are yours to use for any purpose you wish. With Ezbob you are able to decide how much funding you need (up to £120,000) and over what time period you would like to pay it back (all the way up to 15 months). You’ll get a clear repayment schedule up front and there aren’t any fees for early repayment.
Here are a few reasons why you might like Ezbob:
- You will be borrowing directly from Ezbob.
- There’s unlimited UK-based support via phone and email.
- There’s full transparency; you’ll know all the costs up-front and there are no hidden fees.
- Once registered, further loans can be arranged with one simple click.
- You’ll know instantly whether or not you have been approved.
- You’ll get a nice dashboard where you can check your loan status, link accounts and more.
You can get up and running with Ezbob in 4 simple steps (which should take you about 10 minutes to complete):
- Create an account.
- Add your personal info.
- Input your business info.
- Link your data points.
After completing the above steps, you’ll have a decision within the hour. That means that—if approved—you’ll have access to the funds (wired directly to your account) within the hour as well.
There are some key differences/benefits when Ezbob is compared with other business loan options. As I have already mentioned, you can use the funds for any purpose you wish. The debt is unsecured which means you won’t need to put up any physical collateral. You can get a second loan in just one click. You can save money by paying off early without any additional fees. Everything is as transparent as possible. Finally you can get your funds 24/7—forget about normal banking hours.
With the recent Everline merger, Ezbob is now collectively the biggest e-lender in the UK. And with an additional £30m raised through Oaktree Capital Management, Ezbob is primed to help the UK small business landscape thrive though innovative lending.
If you need business financing to grow your company and take it to the next level, take a look at Ezbob. Convenience, transparency and flexibility may just make Ezbob a no brainer.
This is a sponsored post.