What is Business Finance?
Business finance is a broad term that encompasses a variety of financial products and services designed to provide businesses with the funding they need to maintain daily operations and fuel growth. This can range from short-term solutions like working capital loans to long-term investments such as equity financing.
Beyond financial support, business finance also includes essential activities like financial planning, budgeting, and forecasting, which help companies make informed decisions and allocate resources efficiently.
The financial assistance can come in many forms, such as loans, grants, lines of credit, or equity investments. Each option typically involves specific qualifications, credit checks, and due diligence processes to ensure that both the business and the lender or investor are making sound financial commitments.
Potential Uses for Business Finance
Business finance helps you to achieve a wide range of business objectives and can reduce cash flow issues in more challenging times, helping your business to continue to survive and grow.
Improving marketing activity.
Hiring new employees.
Purchasing or upgrading equipment.
Purchasing an additional business.
Developing products.
Aiding startups.
Easing cashflow pressure.
What Business Finance Options Does Approved Provide?
We understand the complexities of business finance and have the expertise to secure funding for your next venture, whether it's working capital, equipment purchases, or expansion projects. With market-leading business finance products and best-in-class rates, Approved is ideally positioned to deliver your funding solution.
This is a vital resource for businesses, no matter the size, to obtain any assets and equipment required. It can range from funding to replace or acquire more hardware such as laptops, to purchasing specialised heavy machinery. Asset finance helps you to access the equipment that you need for your business to function and thrive.
Business loans offer an affordable solution to cash flow and growth concerns, allowing you to receive a boost in capital to hire more staff, pay outgoings, invest in equipment and more. You can also spread the repayments over a term that works for you.
Find out more about Approved’s business loans.
Asset refinance allows you to leverage your existing assets for enhanced profitability by selling your assets to the lender in exchange for the cash equivalent of their current value. You keep these assets and pay back their value in manageable instalments over a longer period. This provides you with the cash you need while still retaining your key assets.
Find out more about Approved’s asset refinance.
This financial product is designed to give businesses the funding needed to acquire a wide range of vehicles including cars, vans, buses, HGVs and more. It is a cost effective solution, perfect for expanding or upgrading your existing fleet.
Find out more about Approved’s business vehicle finance.
Partnered
Lenders
125+
Funded For
UK Businesses
£500M
5-Star
Google Reviews
300+
Raised For
Partnered Charity
£110K
How It Works
Discover our streamlined process for securing tailored financial solutions. We keep our business finance options transparent, with no hidden fees or unpleasant surprises. This is business finance made easy. Our no-obligation application won't impact your credit score.
01
Fast Application In Seconds
Share basic information about you, your business and finance requirements by applying online or calling.
02
Understanding Your Business
A dedicated account manager will discuss your requirements and gather necessary documentation.
03
Receive Your Free Quote
We'll discover the best deals, handle applications for you, and provide a quote with no obligations.
04
Get Your Funds Fast
Once approved, we'll get funds to your preferred business bank account or pay a supplier on your behalf.