Judging the perfect time to apply is a key financial decision. If you apply before the funds are needed, you’ll be paying interest that isn’t needed and won’t use the funds efficiently. Equally, leaving things to the last minute is never a sound financial plan, and can force you to choose a less than ideal product. Planning ahead and understanding your individual needs and the needs of your SME is key when considering business loans. If you need support in making this decision, get in touch today and our business loan experts will be happy to talk it through with you.