Growth loan

Money to bring more growth to your business

What is meant by growth?

Normally, this refers to an increase in turnover, that is, the amount that the company invoices or sells for. An increase in turnover of 5% may be called good growth. Over 20% is high growth and 50% very high. Normally it is easier to increase turnover as a percentage for small companies than for large ones, but the effect will be much greater if you already have a large turnover.

Rule: Try to keep a smooth and sustainable growth. Remember that it takes many years to build a large company.

Growth costs

It's expensive to grow. Anyone who has run a business knows that. But they also know that the company must grow in order to develop. Our growth loans help your business with the money it needs.

All businesses have once started as small businesses. Not all companies want or can grow, but there are those that year after year grow and become more and more valuable.

Does increased turnover also mean increased profits?

It's hard to answer. Normally, increased costs are accompanied by higher turnover. In order to increase profits, it is necessary to keep costs down at the same time. Take, for example, a trailer. To increase turnover, you can buy an additional truck and hire a driver. However, if you hire only one driver and drive more with the trucks you already have (e.g. by also driving in the evenings and weekends) then the costs will not increase as much, and the profits will be higher.

Rule: Hold back on costs and make sure to leverage your investments to the max!

Why do we need money for growth?

In order to grow, you usually have to take costs first. It can be about the purchase of various things, marketing, development or hiring. It usually takes a while for the money to come in. This is called return on invested capital.

Rule: Don't forget to have a buffer that keeps the company on its feet until returns arrive.

Growth loans - One business loans which is suitable when the small company wants to become a slightly larger company

When is a growth loan suitable?

Our growth loans are suitable for many different needs. You decide for yourself how your company uses the money, but some common needs are e.g.

• Investment in marketing
• Purchase of tools and machinery
• Recruitment and training of staff

Does your company need a growth loan? Apply directly without hassle with the bank. We help your business grow. And you can have the required funds in the account already today.