What are the lenders looking at?

It’s not just your credit score. They want to see that you’re in control of your business; that you know what monies are coming and what are going out, that you’re aware of your marketplace, that the opportunity you’re offering is one that makes sound business sense. But there are many more factors that go...

Are you secure enough for an unsecured loan?

As many businesses trade upon their intangible assets, such as a consultancy trading on its contacts and knowledge, the traditional secured loan has ceased to be an effective product for many companies looking to grow. As technology has allowed alternative finance streams to come online, in addition to some of the traditional lenders opening up...

Getting business finance is easy, right? Wrong.

Although we’ve seen many new entrants come in to the market over the last few years, you’d think that getting your financing sorted would have become easier? Not so. When did you last speak to your bank manager? Thought so. Never before have commercial finance decisions that affect your business been taken so far away...

Find out what finance is right for your business

It’s been said recently that businesses under three years old are twice as likely to use personal savings than businesses that have been established for ten years. But what does this mean? It strongly suggests a knowledge gap between nascent entrepreneurs and what the business finance marketplace has to offer them. If a company sees...

Fed up with renting your business premises?

Many businesses grow to a size where they outgrow their current premises, and many more come to the end of a lease. But should the status quo rule or should you consider what’s available to purchase? Now, leasing space allows for flexibility of investment and location, and can be the better option for many, but...

Are you customer centric?

The foundation of any good business is its customer focus. It doesn’t matter if your systems are spot on, your product is desirable or even if you’re the best value proposition. If you’re not dialled in on what your customers want and need you won’t succeed. So how have we gotten to the point where...

Peer-2-peer pressure

Peer-2-peer lending has rocketed in popularity in the last few years, but why is this? It really boils down to two points: Small businesses still need access to finance despite core high street banks making their lending criteria much more challenging in the aftermath of the financial crisis. Stagnation in wages has led people to...

Finance Guide to Buying a Care Home

Dealing with lenders is a lot like selling your house

When you’re selling a property, do you and your agent write up some sales particulars that just says ‘Buy me now for £400,000’? No, of course not. Not everything can be sold like it’s on eBay. You make sure that the sales particulars are thorough, floorplan is correct, quality photos showing the property in its...