Growth loans are a form of financing specifically directed toward the growth of a company. They are a necessity when it comes to taking advantage of opportunities that require a business to scale up production, make a large advance order, or otherwise invest significantly in their growth. As a company grows, so too does its need for growth financing.

A significant investment is often necessary to improve the business, increase sales and expand market penetration. Businesses may need financial resources to obtain inventory, get new equipment, fulfil a large order, or to improve/expand their services. Growth financing is designed to help businesses get to the next level and achieve greater profitability.

 

What can business growth loans be used for?

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