The Growth Guarantee Scheme (GGS) is live - contact us today 01473 553 430

5 Ways to Make the Most Out of Your Business Loan

No matter the size and sector of your business, your growth and success often hinges on whether you have the funding to seize opportunities. 

Whether you want to expand your inventory, invest in cutting edge technology, or move your operation to a larger premises, all of these endeavours require significant funding, which for many businesses is not always available, especially for fledgling enterprises. 

Access to funding is a challenge that many businesses face. A well-utilised business loan can be the difference between stagnation or progress. 

In this blog, we’ll explore the ins and outs of business loans, from the different business loan types available, and methods you can use to optimise funding.

What is property finance?

The two primary types of business loan are secured and unsecured. Here are the differences and advantages of both. 

Secured loan 

A secured loan is pledged against a valuable asset, such as your property or equipment, which acts as a security for the lender if you are unable to fulfil your financial obligations. 

As collateral reduces the lender’s risk, it often leads to more favourable terms, such as lower interest rates and higher loan amounts.

Unsecured loan 

In comparison, an unsecured loan doesn’t require you to put up tangible collateral, it depends solely on your organisational/personal circumstances, credit history, loan term and amount.

As no collateral is required, unsecured loans are more accessible to businesses that may not have valuable assets to pledge. 

When choosing a business loan type, you need to carefully consider your financial situation. 

If you’re unsure which type of loan best aligns with your needs, don’t hesitate to get in touch with our team of experts. We’re on hand to help.

solicitor pointing at a contract - business finance specialist Jones & Co

5 ways to make the most out of your business loan

Define clear objectives

When taking out a business loan, it’s important to have a clear business strategy in mind. 

A lack of planning often leads to indecision; you might end up spreading funds across different areas of your business, or failing to invest in the right way, which could lead to short-term progress but ineffective long-term growth or investment.

Budget and plan accordingly

The most effective method for avoiding unfocused spending is to budget with your business goal in mind. Have a clear plan for how much you want to spend and allocate that amount to specific areas of your business where you can implement your growth strategy.

Explore different loan options 

Every business is unique, so a loan that works for one business may not be suitable for your financial situation. Take the time to explore the different loan options and terms available to you. 

Speaking with a specialist can be helpful, as they can use information about you and your business to narrow down your options and create a customised solution for you.

Invest in growth areas 

When investing in your business, it’s important to ensure that the areas you allocate funding to have the potential for growth. 

Injecting capital into a part of your business where your growth strategy cannot develop will only waste valuable opportunities opened up to you through your loan.

Monitor and adjust strategically

Although you may have confidence in your business strategy, there’s no point in sticking to the same course if you’ve discovered that you’re not achieving the results you hoped for. 

It’s far better to cut your losses than to double down on a failing strategy. Make sure to consistently assess your progress and adjust your investments strategically to meet your goals.

Seize opportunities for growth with business loans from Jones & Co 

At Jones & Co, it’s our passion to find the perfect finance solution that fuels your business. 

Our business loans come from a wide network of trusted lenders and are designed to help you meet a variety of business objectives, whatever your requirements. 

If you have any questions or would like to receive bespoke advice, get in touch with our specialists and book a free no-obligation meeting today.

Insights

Finance in the news

View all articles
How Business Finance Support in Leeds Is Driving Growth Across Tech, Manufacturing, and More

Leeds has become one of the UK’s fastest-growing business hubs. From thriving tech start-ups to long-established manufacturers, the city is seeing record levels of innovation and investment.

Read more
Commercial Property Finance Explained: 6 Things Business Owners Need to Know

Commercial property finance can unlock growth, whether you are buying premises, developing land, or investing in property as part of a wider portfolio. For business owners, understanding the options available is the first step in making confident and strategic decisions.

Read more
How Birmingham’s Transport Boom Is Reshaping Business Finance in 2025

Birmingham is entering a new era of growth. With HS2 pushing forward and West Midlands transport expanding rapidly, the city is becoming one of the UK’s most connected business hubs. For entrepreneurs, established firms, and growing SMEs, this transformation creates new opportunities and new demands on business finance.

Read more
How to Raise Finance for Your Commercial Property Development Project

Commercial property development offers significant opportunities, from office refurbishments and retail conversions to large-scale industrial or mixed-use schemes. Yet the capital required is substantial, and securing the right finance can be the difference between a project that thrives and one that stalls.

Read more
What Is a Merchant Cash Advance and How Does It Work?

Ever had a busy week of card sales, only to feel like the numbers don’t add up when it comes to the cash in the bank? You’re serving customers and turning over sales, but still hitting a wall when it comes to covering bills or upgrading equipment. 

Read more
5 Benefits of Business Refinancing Every Director Should Understand

For many business owners, the word refinancing raises alarm bells. It can feel like admitting your company is in trouble. However, the reality is very different.

Refinancing isn’t a last resort. Done right, it’s an effective way to take control and strengthen your company’s financial position.

Read more
Alternative Lending: Why Banks Are Bottlenecking Growth (And What To Do Instead)

Banks have become gatekeepers instead of growth partners. 

As funding pipelines dry up, alternative lending is stepping in to do what traditional finance won’t: actually support ambitious SMEs. It’s a massive, long-overdue rebalancing of power in the business finance world; a lifeline for UK businesses who need access to capital NOW.

Read more
How Asset Finance is Powering Manchester’s Industrial Growth

Industrial take-up is up, equipment investments are rising, and manufacturers are expanding. But here’s the catch: growth costs money. That’s why more Manchester businesses are ditching the wait-and-save approach and turning to asset finance to move faster, smarter, and without risking their working capital.

Read more
Merchant Finance: The Smarter Way to Fund Your Business

Merchant finance has been gaining traction across the UK.  It’s flexible, fast, and surprisingly fair. This form of funding is quietly becoming a go-to for UK businesses, particularly those that take the bulk of their payments by card. But what exactly is merchant finance, and why are so many switched-on businesses turning to it?

Read more