Business Loans

What Type of Loan Is Right for My Business?

When you’re running a business, whether you’re launching a startup or scaling up an established company, the right type of finance can make all the difference. But with so many loan options on the market, how do you choose the one that fits your business needs?

At Quay Financial Group, we understand that no two businesses are the same. That’s why we offer bespoke loan solutions as well as standard capital and interest repayment loans — either monthly or weekly — designed to work with your cash flow. Whether you’re looking for flexibility, speed, or structure, we’re here to help you find the funding solution that supports your goals.

Let’s break down the main types of business loans and how to decide which one is right for you.

1. Term Loans – Standard Repayment Plans

Best for: Stable, predictable revenue businesses

These are the most common types of loans, where you borrow a lump sum and repay it with interest over a fixed period — either weekly or monthly. Quay Financial Group offers both options to suit your business’s cash flow cycle.

• Monthly Repayments work well for businesses with consistent income.
• Weekly Repayments help you stay on top of debt more frequently, which may suit businesses with regular weekly revenue.

Why choose Quay? We can structure your repayments to match the rhythm of your business – offering flexibility within a traditional format.

2. Bespoke Loans – Customised for Your Unique Needs

Best for: Businesses needing flexible or non-traditional lending solutions

Sometimes, standard loan structures just don’t cut it. That’s where Quay Financial Group’s bespoke loans come in. Whether you have seasonal fluctuations, project-based income, or a specific capital need, we tailor your loan to fit the shape of your business.

• Flexible terms
• Custom repayment schedules
• Unique deal structuring
• Funding for specific goals like asset purchase, working capital, or expansion

3. Short-Term Loans

Best for: Covering unexpected costs or bridging cash flow gaps

Need fast funding for a short period? A short-term loan can provide quick access to capital, often with expedited approval processes. These are ideal when you need to act fast — and Quay Financial can help secure funding with speed and confidence.

4. Asset-Based Lending

Best for: Businesses with significant equipment, vehicles, or other assets

If your business owns valuable equipment or vehicles, these assets can be used to secure better loan terms or increase your borrowing power. This can be a smart way to leverage finance on what you already own.

So… What’s Right for You?

Choosing the right loan depends on factors like:

• Your cash flow cycle
• Purpose of the loan
• How quickly you need funds
• Repayment ability and timeframe

At Quay Financial Group, we don’t believe in one-size-fits-all. Whether you’re looking for a straightforward repayment loan or a loan structure as unique as your business, we will work with you every step of the way — from identifying your needs to securing the funds.

Contact a member of our team today to find out how we can help finance your company’s future.  When it comes to business loans, Quay Financial Group makes it personal.