Business banks are masters of unclear language. If you ever want to find someone who’s saying “no” at the exact same time as they’re saying “yes”, talk to a business loan underwriter. There’s a saying in finance that you’ll get one of three answers from a bank if you’re looking for finance on your own...
Read moreIn the “old days”, getting a loan was perhaps a simpler task. You went to the bank, you asked for an appointment with the manager, and got yourself booked in. Then you came back at your allotted timeslot, presented your business plan, and if the manager liked the idea, then they gave you the money...
Read moreIf you had to name every lender in the UK, do you think you could? We doubt it. When most people think of “lenders”, what they’re really thinking of is high-street banks. It’s certainly possible to name all of those, but at most that’s going to be around 20-25 different lenders. This might seem like...
Read moreEarlier this month, we talked about how slow starting your finance journey can be without a broker. If you’re trying to talk to banks directly, then you can spend weeks waiting around for a response. A broker presents a much faster solution. Unfortunately, that sluggishness is often prevalent throughout the whole finance process. If you...
Read moreToday, we’d like to ask you a question – when was the last time you spoke to someone at your bank? Unless you’ve had the misfortune of losing your debit card or being a victim of fraud, we’d say the answer is “not recently”. If you’re one of the “lucky” few who have, then we’ve...
Read moreThere are many different ways to get a loan. We’ve talked about a number of them in these blogs, and you’ll find even more on our website. However, the financial process has another part to it – security. Security is a deceptively complex topic, with a lot of different interpretations to be had. So, here’s...
Read moreIt’s a little odd to hear, but banks fairly regularly get sold. Whilst the high-street banks that everybody knows are too big to be bought and sold wholesale, smaller parts of them and other smaller banks are fairly constantly being bought, sold, and traded for various purposes. Now, you might think “so what” to this...
Read moreIf you asked your average business owner to name as many banks as they could think of, we’d bet that they’d struggle to get past 10, and almost definitely wouldn’t hit 20. Once you get past the big high-street banks like Barclays, Lloyds and HSBC, most peoples’ knowledge of banks dries up. This is emblematic...
Read moreLike any sector, the finance world has lenders of all shapes and sizes. From massive multinational banks to smaller, more local lenders, there are over 300 different funding sources available for a business looking for finance in the UK. But not all lenders are created equal – depending on where you are, and what exactly...
Read moreA “loan” is a simple word, but it encompasses a multitude of financial options so wide that an inexperienced viewer can easily get lost. Trying to find the right loan can be confusing, and we’d never recommend looking without a specialist who can sort the bewildering array of options into something more palatable. With so...
Read moreWith over 20 offices nationwide, there is always a local director to assist you