What is a business loan suited for?
- Modernisation of machinery
- Expansion of business premises
- Development, expansion or renewal of business operations
- Other investments necessary for the business
With a business loan you can make large investments that you would not necessarily make without finance. In fact, a company may rely for its very existence on an investment if, for example, it has lost competitiveness and is being left behind by the other actors in its sector due to its outdated machinery. However, companies should also invest when their business is on the right track.