We’ll listen
Our clients aren’t just anonymous bank loans; they have clear goals, and because we listen, we understand their direction. Our expertise ensures you achieve your goals faster.
At Absolut, our expert professionals want to help business owners like you succeed. Let us source the best business loans to help your business thrive.
Chat with one of our trusted financial advisers today to assess your personal requirements and get the best financial advice
Our expert professionals are determined to help business owners succeed. Let us guide you through your business loan application process
Why you should trust us with your business loan application
Generally, lenders will look at a business’s credit score, revenue, time in business, and cash flow to determine eligibility. Some lenders may also require collateral or a personal guarantee. At Absolut, we’ll help you understand the specific eligibility requirements for various lenders.
The repayment length will vary depending on the lender and the type of loan. Repayment terms can range from a few months to several years. We’ll work with you to determine a repayment length relative to the size of your loan that best suits your financial goals.
Some lenders can provide funding in as little as a few days, while others may take several weeks. Depending on your circumstances, we advise getting the application itself right first, and we’ll be able to share information on expected timelines for specific lenders.
A secured business loan requires collateral, an asset that the lender can seize if you default on your loan. Typical forms of collateral might include real estate, equipment, or inventory. An unsecured business loan does not require collateral but may have higher interest rates or stricter eligibility requirements. Either may suit your circumstances better, and that’s something we’d discuss with you relative to the purpose of your business loan.
How long is a piece of string? Business loans can range from a few thousand to millions. Generally, though, your creditworthiness will determine how much you can borrow from lenders. We’ll examine your financial situation and goals together to determine an appropriate loan amount.