Skip to main content
Apply Now

Thinking of Starting a New Business But Have Debt? | Debt Consolidation Loans

Thinking of starting a business I have debt – Debt consolidation loans team can help and advise on any of those who need to consolidate debts.

If you want to start your own business, it can be an exciting time. Starting a business requires capital investment, however, and if you already have mounting debts to your name you’ll find it borderline impossible to get the money you need to get started. Clearing your debts quickly should be a key priority.

But how do you actually do it? The answer could be to use a debt consolidation loan for the self employed.

Getting rid of your debt fast

When you want to start a business, time is of the essence. You may well be able to clear your debts yourself, eventually, but this will take time – by which point the right moment to start your business may have passed. You have to strike while the iron is hot, but you can’t do it with that debt hanging around your neck.

A secured debt consolidation loan is the only sensible solution, because it allows you to clear off all your current debts instantly. You borrow for the amount that you owe and use that money to pay off your debts. This will leave you with only one much lower and much more manageable monthly payment that you have to work around.

What this means for you is when you come to make an application for a business loan or try to find investment to start your business, the financial institution will only see one small debt, not massive sprawling personal loans.

Get started now

It might seem counter-intuitive to take out another loan when you’re trying to get rid of the ones you already have, but remember why you’re doing it. The logic of debt consolidation loans is long proven.

If you need to get rid of your current debts fast, all it takes is one simple application and you could have the money you need to clear them. It’s much easier to keep track of one loan repayment than several, so even the payment for your debt consolidation loan will be handled faster than you might think.

Before you start your business, make sure you clear your debt – do it the right way and contact Debt Consolidation Loans today.

For more information on debt consolidation loans UK, don’t hesitate to get in touch.

If you’re interested in taking a breath of fresh air with your finances, Debt Consolidation Loans can help you find the perfect loan for you. Apply today.

We offer Debt Consolidation Loans for homeowners.

Our team is on hand to help with number of questions you may have.

If you are struggling with debt, please visit Money Advice Service for help and advice.

We are a broker, not a lender.

Visitors also read:

Prime Minister Power NapsPolitics
February 1, 2021

Prime Minister Power Naps

Prime Minister Power Naps Boris Johnson is well-known for admiring and even wanting to emulate Winston Churchill, but Downing Street has drawn a line at the suggestion that the British…
good debt vs bad debtDebt Solutions
November 23, 2020

How to avoid Debt over Christmas

Here are our tips on how to avoid debt over Christmas Debt consolidation loans can help when it comes to avoiding debt over the Christmas period, It is not uncommon…
What Debt Collectors Can and Cannot DoDebt
December 3, 2020

What Debt Collectors Can and Cannot Do

What Debt Collectors Can and Cannot Do Debt collection agencies are companies that collect debts when the original creditor can’t get the debtor to pay. Debt collection agencies do not…
Man understand the debt to equity ratio for his businessBusiness
October 22, 2020

UK Business Debt Consolidation

Debt consolidation loans for business owners There are many different forms of business debt, including credit cards, overdrafts and loans. It stands to reason that the more debts a business…
The Role of the City Watchdog | Debt Consolidation LoansGuides
September 26, 2015

The Role of the City Watchdog

City watchdog The City watchdog, the Financial Conduct Authority (FCA), regulates the financial services industry in the UK, supervising the conduct of more than 50,000 firms. Financial products and services…
School Fee LoansDebt Consolidation
June 30, 2020

School Fee Loans

School Fee Loans - if you're struggling and need to pay school fees, Debt Consolidation Loans can help. Number 1 in the UK for Debt Consolidation! Giving your child the…

Leave a Reply

sixteen − sixteen =

Close Menu