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Term Finance

Term Finance

Short-term financing refers to funding that needs to be repaid within 1 year at most and forms the basis of most working capital finance.

Medium-term financing has a term of 3 to 5 years and is generally taken out either when long-term finance cannot be obtained or to cover ongoing expenditures to be paid over a 3 to 5 year period.

Long-term financing is any capital funding for a period longer than 5 years. It is used to cover major expenditure, such as premises or expensive machinery.

The sources of short, medium and long-term funding are many and varied. We can advise you on the most appropriate sources for the funding you need and fast-track the arrangement process.

Call Knightsbridge today to discuss the term finance you need. 0203-597-0124.

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Get in touch today to discuss your funding needs — our directors will guide you from first conversation to completion, securing the best deal for your business.