Why Choose an Alternative Lender?

  

Why Choose an Alternative Lender?

Despite the ubiquity of businesses throughout Ireland and the UK, SME business owners have historically had difficulty obtaining funding, whether for working capital or property purchases. Fortunately, the alternative financing business has emerged to address this issue.

Alternative lenders offer company loans that are accessible, flexible, and quick to finance, whereas banks and credit unions frequently turn away small enterprises. Are you unsure whether an alternative loan solution is good for your company? Thrive Financial are here to assist you.

What are alternative lenders?

Alternative lending refers to funding from outside of the traditional pillar bank lending ecosystem. Alternative lenders have seen a gap in the market to fund property development given reduced lending levels from traditional banks in that sector. Below are some of the benefits of alternative lending.

Benefits

   

Benefits

 

  

Lending Options

There are a wide range of property types, loan types and special circumstances, meaning a single lender simply cannot offer loan facilties that cover all circumstances. You may waste a considerable amount of time simply trying to find a lender that offers the finance you need. Thrive Financial has relationships in place with multiple lenders who can offer a wide range of lending options.

Whether you are in need of a construction loan, a long-term fixed rate loan or a bridge loan, Thrive Financial will be able to provide guidance on the best lending source for you and your business.

We’re here to help

If you would like to have a confidential chat about how best to fund your next commercial property deal or to find out about the best commercial funding options available to you, please call us today on 087 9344655, email us at info@thrivefinancial.ie, or visit our website.