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Business owners: Are You Ready For This festive Season?
We're at that point in the year where the festive season is close enough to plan for and to do something about it.
The difference between a solid season and a great one often comes down to one thing – having the backing to go a bit bigger. Ordering deeper on bestsellers, taking on extra floor space, bringing in more hands to capture every sale. Those moves tend to pay off when the season's strong, but they usually need capital behind them before the revenue lands.
If that's where your thinking is, there are a couple of ways to back it:
- A business loan (from $5K to $500K on terms up to 5 years) if you've got a specific move in mind. Maybe for a bigger stock order, a fit-out, seasonal staffing, or a larger growth play beyond this season.
- A business line of credit (from $2K to $500K) if you'd rather have funds on tap – draw what you need, when you need it, and repay as the sales come in.
Prospa is one of the lenders that has a low-doc application pathway with funding possible in as little as 24 hours and no upfront security required to access funding up to $150K.
Would having something like this in place allow you to say yes to opportunities you'd otherwise have to pass on? Business loans make business happen.
If you would like to discuss how funding could support your business this busy season, I am happy to have a chat.
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Patrick Wang
