Many businesses have recognised that when in need of finance the traditional approach of speaking with their local bank is not always the best option. Instead, they seek the advice and guidance of alternative lending specialists. An alternative lending company is one that can provide a whole host of lending solutions which includes
read moreA common preconception when we speak about the self-employed is that this refers solely to trade professionals such as electricians, plasterers, plumbers, gardeners and carpenters. However, there are several ways in which a business can operate through self-employment. In fact, there are 3 types of legal entity: Sole trader – the easiest option for starting…
read moreFor any business looking for a quick business loan we would recommend the Recovery Loan Scheme (RLS). RLS is a government initiative that allows any type of business to apply for a business loan. The maximum loan available will be based on 25% of the business’s turnover recorded in 2019. For eligibility a business must:…
read moreShort term finance offers any type of business a cashflow boost where terms are typically between 2 to 5 years. They can be sourced for a multiple of uses which include helping businesses with day-to-day operations, employing more staff, purchasing new equipment or funding for issues that have arisen due to unforeseen circumstances. Some of…
read moreScale-up is a very topical phrase especially across the business environment. Often a business in its scale-up phase is one that has grown by 20% over a 2-year period and will continue to grow at a consistent rate. Having been on a growth curve and reached a certain size, the scale-up business will now be…
read moreThere are lots of questions around the Recovery Loan Scheme, the latest Government-backed business initiative to help any business that has been impacted by COVID-19. This video provides answers to some of the most common questions.
read moreThe forecast for the UK business economy over the next 12-months is very bright, with many business owners anticipating a surge in growth. In fact, many are already looking to finalise their expansion plans. Of course, it has been challenging dealing with 3 lockdowns, adapting to the needs of staff working from home and then…
read moreWith all the talk of Coronavirus and national lockdown it is easy to forget everything else that is happening and probably one of the most topical subjects in recent years for the UK has been Brexit. With the announcement in December that the UK has now exited Europe, there are new rules in place that…
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