A flexible business loan.EXPANDING your business can cause serious cashflow problems, but there is a solution. Borrowing to purchase new vehicles, plant and machinery or computers, etc usually means that you have to start repaying the debt immediately - before the new asset starts to deliver extra income to your bottom line. And even when your investment is beginning to pay off, cashflow fluctuations can mean that you might find it easy to pay up one month, but struggle a little at other times. Business life is unpredictable, yet too many lenders insist that borrowers pay up when it suits them, not the borrower BORROWER, contracts. He to whom a thing is lent at his request. 2. The contract of loan confers rights, and imposes duties on the borrower' 1. In general, he has the right to use the thing borrowed, during the time and for the purpose intended between the . The Royal Bank's Flexible Business Loan has been designed to meet these realities of business life. To help you cope with the peaks and troughs of your monthly income, the loan comes with a range of options that allow you to tailor A tailor is a person whose occupation is to sew menswear style jackets and the skirts or trousers that go with them. Although the term dates to the thirteenth century, tailor your repayments to suit the changing dynamics of your business. This is a new approach to funding business expansion. It allows UK enterprises to invest in their future without being shackled by rigid This article is about mathematics. For the materials sense, see Stiffness. In mathematics, suppose C is a collection of mathematical objects (for instance sets or functions). repayment Repayment The act of paying back a debt. Notes: Everyone has to repay their debts eventually. See also: Debt, Defeasance, Loan terms. You can change the loan as the needs of your business change. Available from pounds 1,000 upwards and with a range of repayment terms, the Flexible Business Loan offers 'holidays' on your capital and interest repayments for the first three months (or even up to 12 months if you wish). It means you can get your new assets working for you before you start to pay back the loan. If you prefer, you can opt for a capital repayment holiday for an agreed period so you pay interest only for a while, keeping your costs down and boosting your cashflow. Alternatively, you can opt for 'low start', where you reduce your payments for agreed periods, topping up later when your funds are stronger. Interest is still charged during the holiday or underpayment period and will require to be repaid over the remainder of the term, meaning that monthly payments will be higher than they would otherwise be after the holiday or underpayment period ends. The Flexible Business Loan also allows you to: Adjust your payments - pay extra when you have spare funds, pay less when things are tight' Only take your money when you need it - save on interest by drawing down the cash in up to four stages during the first 12 months The loan is quick and easy to manage. Most applications are processed within 48 hours. You can set up an automatic payment system, saving you time. Interested in getting more flexibility into your capital borrowings? Visit your local branch of The Royal Bank of Scotland
The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba and ask to speak to a business relationship manager, or alternatively, visit www.rbs.co.uk YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE |
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