What are the pros and cons of having investors?
Before talking about potential sources of finance, there is one thing that needs to be mentioned. This is to make sure that you have a proper, rock-solid business plan.
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funding
The tortoise versus the hare!
Over recent years the commercial finance brokerage market has seen the rise of the ‘on-line’ brokerage models. These are aimed at providing ‘all market coverage’ and focusing on ‘speed of delivery’ to service the ‘need’ they believe SME businesses have.
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The state of play regarding business lending heading into the second half of 2020
This article would have looked vastly different if I had penned it at the start of 2020!
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In a time of recession, should my business be looking to borrow money?
In times of uncertainty, it’s natural and understandable for a business owner be cautious and think twice before taking on any new financial liabilities. While this is often the best strategy, many businesses thrive during economic downturns, and it can be a great opportunity to grow while others are retreating to safety.
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For my business to raise finance, who do I need to know?
While an arrangement to borrow money for a business is between a client and the lender, there are numerous other individuals involved to help the process with many needed before the application is even considered.
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Personal guarantees – be wary!
It has been a standard requirement for a majority of limited company lending that a personal guarantee from at least one director is in place to support the debt, regardless of the quality of the business and the size of the lending facility.
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How do I get my business credit worthy?
This article is designed to help a small business with ensuring their business is in the best possible position when applying for finance, whether it is a small loan for an asset or a larger loan for a property.
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What’s the best way to fund my business?
All successful businesses were start-ups at some stage and it is vital to the future of the UK economy that entrepreneurs continue to create new start-up businesses.
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