Lenders aren’t homogeneous. That’s one of the big challenges of SME finance. Different lenders will want things presented in different ways. We won’t lie, it can make for a challenging process sometimes where you have to re-arrange an application every single time you put it forward. A lot people think that should change. At an...
Read moreThere’s a strong argument being made to start leaving many major finance decisions to AI. An AI can react faster, spot trends sooner and analyse more data than any human – it’s easy to see why it’s a sensible decision. But is this wise for the broking world, where personality can mean so much? Fintech...
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The lender is the linchpin of every finance deal. This might seem like a stupid statement to make – of course business finance relies on the person who provides the money! But what we mean isn’t that you need a lender to make a loan – it’s that you need the right lender to get...
Read moreNobody knows a business like its accountant. Their knowledge of a business’ books and finances means they have a better understanding of the exact situation a business is in than any other employee. This puts them in a unique position when it comes to business finance – their understanding of a business means they can...
Read moreThe modern world runs on data analysis. Everything from stocks and finance trading to marketing and advertising runs on a foundation of solid data that helps direct decisions and focus attention on how a company’s actions impact its business offering. Whilst not as data-derivative as, say, stockbroking, the lending world is no different in this...
Read moreIt’s no secret that lenders live and die by their interest rates. Exactly what interest rates a lender charges has a major impact on potential clients. As such, a change in the Bank of England’s base rate is a serious event. If the base rate rises, it could mean more profit, but if their rates...
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