Interest rates are the main cost of borrowing money. When you borrow money from a lender you are expected to pay back the amount that you borrowed, plus the interest on the amount borrowed. The number of different interest rates available when borrowing can be confusing, and varied. The types of interest rates on commercial...
Read moreWhat is a SIPP? The self-invested personal pensions (SIPP) are designed for people that want to manage their own pension funds. SIPPS can provide a cheap, flexible and straightforward way to save for your retirement. SIPPs are primarily for those who don’t want a pension company deciding how their pension savings are invested and prefer...
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A few weeks ago, we wrote to explain what invoice financing is and how it works (here in case you missed it). Have you thought about Invoice Discounting? In our experience, clients don’t think about it often enough. Below are some reasons why invoice financing would be something for your business to think more carefully...
Read moreAlthough the past year has had its difficulties, market confidence is now slowly growing again, fuelled by the vaccination programme and the easing of restrictions. There are a few points which developers should pay attention to when taking their projects forward, and they include: Increase loan terms due to potential delays: although the industry did...
Read moreWe often speak to our clients who are looking to raise finance for a property development, which can be complicated at the best of times. Every project is different and has differing requirements and solutions. We are increasingly being asked if finance is still available, at the moment, whilst the economy is in recovery mode....
Read moreIt is a question we often get asked. A client wants to borrow finance for their business or a property project but has a poor credit history. They are therefore concerned that they might be declined by lenders for this reason. The short answer is that lenders do take an applicant’s credit history into consideration....
Read moreSo, we have finally seen the back of 2020, a difficult year for many reasons and one which provided many challenges for small businesses across the country, dealing with the effects of a global pandemic, lockdowns, and many other issues which made it such a challenging time. But now the new year has arrived, what...
Read moreWe’ve just about reached that time of year again when the whole world slows down for a few weeks. Christmas will be a time to relax, kick back and, we all hope (even more so this year), enjoy time with loved ones. We are no exception. After this week, this will be our last blog...
Read moreIn August, the Office for National Statistics officially declared that the UK was technically in a recession for the first time in 11 years, although bounce back figures show that recovery may now be under way. What does recession mean for SME’s? Whilst Covid-19 may inspire the UK government to talk about aspirations for a...
Read moreBuying an investment property at auction can be daunting for a first timer. But it doesn’t have to be complex. We’ve outlined just some of the main tips an auction purchaser should know: Do your research. Make sure you have fully looked into a property before making a bid. You need to ensure that you...
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