Do you know that most banks have a limitation on the maximum financing amount that they can grant to a SME?
This maximum small business loan funding amount differs from bank to bank and also depends on your company profile (its revenue, industry, cash flow etc.).
As your company expands, bigger projects might require more working capital loan support. Some companies’ subsequent loan applications to existing bankers might be rejected due to the maximum limits imposed.
It might be prudent to spread the risk and establish credit relationships with more banks should there be potential opportunities of growth that requires additional funding.
Tapping into our extensive network of banks and financial institutions, we are able to help connect your company to suitable banks and commercial loan products.