INNO Capital

Inno Capital - A responsible credit provider

InnoCapital was first founded in 2006 and is responsible for real estate investment banking. We offer our clients value by providing access to capital, we provide attention to detail, will help you manage your time more efficiently and connect you to our wide network.

We are mortgage brokers that connect borrowers to lenders through our many years of experience. Our service offers quality products at affordable prices. Using our expertise, we are on your side and aim to please you.

Provide a business plan

Before you think of applying for a loan you need to make sure that you have a good business plan that outlines the details on how you plan on using the loan to help your business get ahead. You need to convince a potential lender to take a chance on lending you money.

The more details you provide in your business plan the better chance you have on your loan being approved. You need to outline how you plan on making a profit and growing your business.

Applying for a business loan at the correct time will also increase your chances if you need quick cash urgently then a business loan is probably not the best loan solution for you.

Business loans need to go through a lot of checks this can take a long time to complete. The process could take up to 3 months to complete and if you are determined as too risky then your loan application may be declined.

INNO Capital Services

To determine how much you need to borrow you will need to know how you are going to spend the loan and how you are going to use it to benefit your business.

The more detail that you are given the better chance you have of being approved.

You need to have a clear idea on how the investment will be used and what your planned return will be.

Finding the right business financing solution

The two main types of business loans are secured and unsecured business loans.

A secured loan means that you need to provide an item of value to act as security against your loan. The collateral will need to be worth more than the loan amount.

By applying for a loan using collateral you will prove to the lender that you would be less of a risk to lend money too, if you don’t meet the terms of the loan then your security will be seized as payment.

What can be used as collateral for a business loan?

Any item of value can be used as collateral some examples include machinery, stock, property or investment portfolios.

An unsecured loan is much more risky for the lender and you will need to adhere to very strict lending criteria.