Equipment investment
Vehicles, machinery or other identifiable equipment may suit asset finance. Compare the deposit, term, ownership and end-of-agreement position with the asset's useful life.
Explore asset financeBournemouth, Dorset
Business Loans and Commercial Finance in Bournemouth
Planning equipment, new premises or the next stage of growth? LoanLogic helps Bournemouth businesses assess the full cost, compare suitable funding routes and understand what lenders will need. Speak directly with Ben Arhin, a Bournemouth-based commercial finance broker and co-owner of StrongCo gym.
An initial discussion is not an application. Finance is not right for every business.
Speak with a local business owner
Ben Arhin has 17 years of financial-services experience and co-owns StrongCo gym in Bournemouth. BNGU Limited trading as LoanLogic is a member of the NACFB.
Read Ben's first-person StrongCo story. StrongCo is co-owned by Ben: this is his own business experience, not an independent client testimonial.
Start with the need
What is the business trying to fund?
The purpose, timing and total cost help determine which routes are worth comparing. Borrowing is not automatically the right answer: consider existing cash, supplier terms, delaying or reducing the project as well.
A premises move
A move can involve a deposit, fit-out, equipment and operating cash. These costs may need separate solutions, and borrowing for one does not automatically cover the others.
Business borrowing optionsInvoice and payment gaps
Where a business has eligible unpaid B2B invoices, invoice finance may release some cash before customers pay. Eligibility, debtor quality and terms vary by provider.
Explore invoice financeSeasonal hospitality cash flow
Map quieter trading periods, fixed costs and expected receipts first. A revolving facility may help with variable working capital only where it is affordable and the terms fit.
Explore revolving creditAcquisition and the months after
Consider purchase costs alongside integration, retained staff or customers, and post-completion working capital. Term borrowing may contribute where affordable, while a separate working-capital facility may be needed after completion. The transaction may also need a specialist acquisition-finance assessment.
Discuss business borrowingIllustrative example
A move can be several costs, not one facility.
For a hypothetical £40,000 move, £25,000 might relate to fit-out and equipment, with £15,000 for a deposit and working capital. This is an illustration, not a quote or recommended borrowing amount. It may not all belong in one facility. Equipment funding does not automatically cover a property deposit or ongoing costs.
Fit-out / equipment
£25,000
Deposit / working capital
£15,000
Illustrative figures only. Actual costs, structure, affordability and provider criteria vary.
A practical first conversation
Bring the shape of the requirement.
Prepare what you have; a first discussion does not require a complete application. Evidence and checks differ by provider and facility. Any checks will be explained before proceeding.
LoanLogic receives commission from lenders. Different lenders use different commission models; the model, calculation and amount are disclosed throughout your customer journey.
- Amount needed, purpose and the date funds are required
- Trading history, latest accounts and recent bank statements
- Existing borrowing, regular commitments and other liabilities
- Quotes, invoices, purchase details or a lease where relevant
Further guidance
Explore the detail when you need it.
Our Bournemouth business finance guide explains the wider options. This page is the place to discuss your own requirement.
- What lenders may need before an application
- Planning the full cost of new premises
- Equipment and asset finance explained
- How invoice finance works
If you want to organise the information first, use Funding Readiness. If you already know the requirement, make a direct funding enquiry.
Bournemouth business finance: FAQs
Do Bournemouth businesses need to use a local bank?
No. A business can discuss funding with a bank or specialist provider based elsewhere. The useful comparison is between suitable structures, their criteria, costs and terms, not the provider's postcode.
Can a new business apply for finance?
Possibly, but a short trading history can limit provider choice and the evidence available. Providers may consider the owners' experience, business plan, contribution, contracts and affordability. There is no guaranteed route, and it may be better to wait or use another approach.
Will I need security or a personal guarantee?
Requirements vary by provider and facility. Security may be taken over an asset or property, and some facilities require a personal guarantee. Unsecured does not necessarily mean no personal guarantee. Ask what you could be liable for, and how any security can be enforced, before deciding whether to proceed.
How long does a funding decision take?
Timing depends on the structure, provider, completeness of information, valuation or legal work and any further questions. Share your deadline early. An initial discussion with LoanLogic is not an application, and no approval or completion time can be promised.
How should I compare the cost of different funding options?
Compare the total amount repayable, payment frequency, term, fees, any variable charges, security and personal guarantee requirements, and what happens if you repay early or pay late. Check whether the repayment still fits a cautious cash-flow forecast. LoanLogic receives commission from lenders; the model, calculation and amount are disclosed throughout the customer journey.
Talk through the numbers before choosing a route.
Speak directly with Ben about the purpose, amount and timing.