Completing a business financial review will involve an in-depth examination of a company’s financial standing, exploring areas such as income statements, balance sheets, cash flow and key performance indicators. Conducting regular reviews is an essential business strategy for decision making, identifying growth potentials, mitigating risks and achieving long term plans. There are several factors that…
read moreApplying for business finance can bring broad benefits for a company looking to expand, invest in new initiatives or simply boost cash flow. However, simply making an application does not guarantee success, a potential lender will want to take an in-depth look at the financial health of the business and key performance indicators (KPIs) are…
read moreOctober success story This month, we are excited to share details of a successful financing solution for a local transportation operator, helping them expand their fleet with three new coaches. The need: Funding for fleet expansion Our client, a regional coach operator, required £780,000 to acquire three new coaches to accommodate increasing demand and enhance…
read moreMerchant cash advance (MCA) is a type of financing that provides businesses with quick access to cash by advancing funds based on future sales, typically credit card sales. MCAs are popular among the small business community who need fast funding but may not qualify for traditional loans. Here's a detailed explanation of how they work,…
read moreA credit score is a numerical representation of a business’s creditworthiness and is used by lenders to assess the likelihood of a borrower being able to repay a loan. The calculation is based on factors such as longevity of the business, payment history, amount owed, length of credit history, new credit applications/enquiries and types of…
read moreCreating a financial forecast for a growing business is an essential part of its strategic planning. It helps business owners anticipate future financial outcomes, manage cash flow, and make informed decisions. Whether the company is seeking investment, planning for expansion, or simply aiming to maintain sustainable growth, a well-thought-out financial forecast can be key. We…
read moreSecuring a loan for a small business can be an important step in expansion, meeting operational needs or simply stabilising cash flow. Often many business owners do not consider an application due to the perception of it being a complex and overwhelming process. However, this article is our guide to show the simple steps that…
read moreThere are several financial tools available which can assist a company with its budgeting. Providing access to capital, improving cash flow, managing costs and enabling good investment strategies are just a few of the benefits that can be experienced. Here are our top 4 funding tools: Business loans Capital for growth – the funding of…
read moreVAT lending is a type of business finance that allows a company to better manage its short-term cash flow. Essentially, it is a loan that covers the cost of a VAT bill. This can be particularly beneficial when a business has to pay a large amount of VAT to its suppliers before it can invoice…
read moreA cost-benefit analysis is an excellent systematic process that can be used to evaluate the financial impacts on a company when applying for business finance. It compares the total expected costs with the total expected benefits and determines whether proceeding with an application is viable and beneficial. This analysis helps businesses assess all financial impacts,…
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