Johnson Reed now offers unsecured loans for businesses

Johnson Reed now offers unsecured loans for businesses

10 Jan


Do you do business in your region? Sign up to our daily bulletin to keep up-to-date.

Johnson Reed now offers unsecured loans for businesses


Stockport equipment finance firm expands with business loan division

Posted by on 10 Jan 2017

Equipment finance firm Johnson Reed has expanded with the launch of a new business loan division.

The Stockport-based company’s new offer includes unsecured loans for businesses that require services beyond the standard capabilities of equipment leasing.

With its loan arm, Johnson Reed is aiming to meet both short- and long-term business demands, such as the funding of growth investments, driving product development or temporarily offsetting the upfront costs of VAT, tax or corporation tax bills.

The company said it can facilitate loans ranging from £2,000 to £200k, with a minimum three-month term and repayments agreed in advance.

With the unsecured facility, Johnson Reed will guarantee that no charges are taken over property, as with business loans from many high street banks.

Mark Johnson, Johnson Reed’s managing director, said: “Many businesses we’ve spoken to in the wake of the EU Referendum are keen to keep their cash in the bank as security against the unknown.

“Whilst cash flow is crucial, business growth and investments shouldn’t be put on-hold altogether. Our loan facilities allow businesses address both of these areas.”

Read more in these areas:

#North West #finance #funding #industrial
Sponsored Content
UK Ex-Pats Make Case For Move Stateside

Distressed Americans looking to flee Donald Trump’s Presidency swamped Google…

North East web design agency Peacock Carter delivers NHS contract

Web design agency Peacock Carter won the contract after impressing Sheffield…

Survey calls for businesses to have their say in cutting through red tape

Partners delivering a programme designed to help businesses cut through…

Monpellier offer different software solution in the North East & Cumbria

If every business is different then it begs to reason…

Sponsor your content →