If you start or buy your own business, in most cases you need to have the funding to make this happen. The loan will usually depend on what kind of business you plan to operate, your available funds, your assets, your skills and business plan plus your ability to service the loan.

Buying an established business is always safer than starting one from scratch. Having a proven business model, a financial history and a customer base with cash flow reduces the risk to lenders.

Businesses seldom stand still, and with growth will often need additional capital for plant and equipment. Growing a business however is not easy, as more staff put pressure on your cashflow and it can be difficult to fund expansion out of cashflow.