Loans

• Overall


  Need to borrow funds in the short term to cover the sale and purchase of property, unforeseen circumstances, and import and export commitments

  It is important to manage loans as costs for establishment, interest rates and ongoing charges must be investigated and monitored to minimise costs

  Expensive form of borrowing

  Positive, ongoing relationships with financial institutions ensure that the most appropriate short term loan is used to meet the short-term financial commitments of the business