Funding your firm’s capital expenditure
Opportunities can arise for a firm which simply cannot be turned down – perhaps an acquisition or a merger. At other times, it becomes clear that your firm needs to invest, perhaps in staff, or maybe to replace broken office equipment.
Whatever the reason, it is not always possible or desirable to fund these from capital. To ensure that your firm has the funds it needs to prosper and develop, Key Business Finance offers the Practice Expenditure Account.
Benefits to your firm:
- The Practice Expenditure Account can be used to finance a wide range of requirements, including mergers, recruitment costs, DX subscriptions, annual car parking fees and marketing activity.
- You choose the loan term, up to 5 years.
- Repayments can be made in up to 60 instalments.
- A highly competitive fixed interest rate – as interest is fixed, you know the exact amount of each repayment and can budget accordingly.
- The Practice Expenditure Account is a separate credit arrangement and your existing credit arrangements remain unaffected and available for other purposes.