For businesses looking to expand, business finance plays a crucial role in facilitating growth. Whether it's scaling operations, investing in new technology, or increasing market reach, the right financial support can accelerate success. Here are 5 ways business finance can be used to fulfil growth. Expanding operations Growth often requires expanding operations, which can include…
read moreWhen a business is looking for some additional funding, it is important to take a structured approach to the application. You could be looking to refinance existing debts, boost cashflow, increase staff numbers or complete a business acquisition, all of which will require careful planning and accurate execution to secure the necessary finance. The following…
read moreIn simple terms, asset finance provides the funding solution to enable the acquisition of a business asset or piece of equipment. Funding is secured on the asset and payments made on a monthly basis over a set period of time. Whilst this may sound simple there are actually many facets to asset finance. Two key…
read moreStatistics collected by the Government in 2022 show that the SME sector accounts for 99.9% of the business population. If we break this down there are 5.5 million private sector businesses, 1.4 million employ staff and 4.1 million have no employees. Analysing further 5.47 million fit in to the small business category (0 to 49…
read moreBusinesses must adapt, whether it is to a change in supplier, a change in customer demographics, a change in manufacturing process or indeed a change in staff, the need to be flexible and overcome challenges is essential. Often the one critical factor that can determine how successfully a business can adapt is working capital. Any…
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