If you need finance for your business, one route you can take is a business loan. Business loans now come in a wide variety of shapes and sizes, so you’ll need to choose the loan that’s best suited to your situation.
One of the main options you’ll have is whether to take out a secured, or unsecured business loan, so let’s look at what this means. (more…)
If you need an injection of cash for your business, there are now many different and increasingly flexible alternative finance products available to suit your unique requirements.
One of the more recent and most innovative among them is the merchant cash advance. So what exactly is a merchant cash advance, and is it a suitable form of finance for your business? (more…)
Whatever stage of growth your business is in, there may come a time when you need a fresh injection of cash and you are faced with the uncomfortable prospect of signing a Personal Guarantee. (more…)
Equity crowdfunding has flourished as a key form of alternative finance for early and growth stage businesses. It’s become a great alternative to bank loans and other traditional funding sources, allowing entrepreneurs to engage a crowd of passionate investors for financial backing.
However, the popularity of equity crowdfunding has left platforms, like Crowdcube and Seedrs, rather overcrowded with hundreds of active campaigns at any one time. (more…)
As a small business owner fundraising can be a daunting prospect but digital technology is changing this. You can now raise the funds you need to develop and expand your business in a way which you’ll find more user-friendly and which puts you in control of the process. (more…)
Young businesses and start-ups that are looking to raise funding have a dizzying array of choices nowadays. In fact, there has probably never been a bigger range of places to go for early-stage finance, from crowdfunding and angel investors through to government-backed start-up loans and P2P lenders. (more…)
Most entrepreneurs really struggle to bring in investment without the proper tools to bolster their proposition. An engaging pitch deck is a key part of any successful fundraising strategy, so it’s vital to get it right.
With no clear consensus on what a great pitch deck for raising funds looks like, we asked funding expert, John Auckland to share the insight he has gleaned from a series of successful fundraisings. (more…)
Entrepreneurs usually need investors to stump up the funding to fuel their dreams. The mistake many make is putting a huge effort into persuading investors to back them, only to neglect them once they have invested.
This approach is damaging, especially when you need more investment for your next phase of growth, so we asked, Scott Haughton, COO at Envestors to explain why you need to communicate with your investors and how to do this. (more…)
Fundraising for your business is rarely a walk in the park. It’s a tough process, regardless of the industry you’re in, it can take up vast amounts of time, and more often than not, ends in failure.
Communicating effectively with investors will really boost your chances of success, so we asked funding expert, John Auckland, to reveal which buttons you need to press to get investors onboard. (more…)
There’s never been a better time to start or grow a business in the UK, with more funding options and tax incentives (for companies and investors) than ever before.
Crowdfunding is an option that more businesses are turning to, so if you’re looking to turn a great entrepreneurial idea into a reality, or to scale your business to the next level, here are five reasons why you should consider equity crowdfunding, plus some practical advice on how to succeed with your campaign; (more…)
Everybody understands that starting up a business from scratch is not a simple process or an easy challenge to take on. Regardless of how lofty your ambitions are or whether you’re aiming to establish yourself as a sole trader or as a the boss of a burgeoning new enterprise, finding access to initial and early-stage sources of finance is a vitally important step along the way towards sustainability and success.
Here’s a look at some of the most commonplace and most viable routes to finance currently available to startup businesses. (more…)
Christmas might be a time for giving, but the common perception is that it’s not a time for investing.
However, as John Auckland of TribeFirst reveals, funding statistics surprisingly show that December can be a great month to find investment for your business. (more…)
When you need to find business funding fast, what are your options and what are the quickest ways for you to secure more finance?
We talk you through the most viable fast funding options for SMEs who need finance in a hurry, and include practical tips on how to ensure your funding application goes as swiftly and smoothly as possible. (more…)
Getting funds together to accelerate your venture won’t be a quick task. Choosing the wrong fundraising activities can not only prolong the process, it can even deter investors from backing your business.
So, what are the most common mistakes entrepreneurs make when trying to bring in funding for their companies? (more…)
Like many people, you may have always dreamed of starting your own business. Being your own boss, making your own hours and realising your own vision are all common reasons people decide to start a business in the first place.
A lack of funds can hold you back from taking the plunge, but now more than ever, a variety of options exist to help fund your vision and turn it into a reality. (more…)
Finding a business loan used to be a pretty black and white affair. You’d call up your local bank and book an appointment, wait a few weeks (or months) and then sit down with the bank manager, explain why your business needed some money, and hope that you’d caught them after their morning coffee.
Since the birth of Alternative Finance, however, getting your hands on funding to grow your business has become a lot easier, but equally, a whole lot more complicated. This guide will explore the various different types of alternative finance out there, help you decide whether it’s a viable route for you, and how to prepare your business to raise finance. (more…)
There may come a point where you end up missing a repayment for a loan or credit card that you have taken out, perhaps as a result of an unexpected financial emergency, or maybe just simply not having kept a track of your finances that month.
One of your first thoughts will be how quickly you can rectify the situation and pay the lender back, but have you also considered that this late payment could affect your credit score negatively? All The Lenders takes a look at how this works, as well as what you can do to also minimise the impact. (more…)
Put simply, Rewards Crowdfunding is the practice of giving lower cost or exclusive items as rewards to early adopters in return for their backing, while Equity Crowdfunding involves selling shares in your business.
To help you understand more about the pros and cons of Rewards and Equity Crowdfunding, and the key points for success, we asked crowdfunding expert, John Auckland of TribeFirst to explain more. (more…)
There are a number of different myths surrounding credit scores, making it difficult to truly understand what it is you need to know and what you should be doing in order to boost yours.
In this guide we cover the most commonly spoken about myths, and debunk them one by one. (more…)
Look around at the world’s many unpredictable events and it could not be clearer that our political, and social, tectonics plates are shifting.
Fueled by the digital revolution of young technology adoptees who are now reaching adulthood, it is unsurprising that the connected generation is favouring the peer-to-peer model over outdated intermediaries. (more…)
One of the biggest obstacles to growth for start-up businesses is investment. Investors are often reluctant to commit their money to a new business with a promising idea but no track record of success.
Fortunately the Government lent a helping hand in 2012, and introduced the Seed Enterprise Investment Scheme (SEIS) to help smaller, riskier companies attract investors willing to take a punt on a bright idea becoming a successful business. (more…)
Cash flow is the lifeblood of any business, and managing it effectively can mean the difference between make or break.
When we refer to cash flow management, we’re talking about making sure there is enough cash available to cover all your outgoing expenses. If your outgoings are more than your sales and you run out of cash to pay staff or suppliers, your business will risk insolvency. (more…)
The goal of any equity crowdfunding campaign is to catch the attention of investors and convince them that your business is worth backing.
But how does the mind of an investor work? (more…)
The Enterprise Investment Scheme (EIS) is designed to help smaller, risky businesses raise funding to fuel growth.
Early-stage businesses can find it difficult to secure investment, so the EIS was set up to encourage more investors to back fledgling businesses by offering generous tax-breaks.
To help you see whether the EIS could help you raise funding for your business, we asked award-winning chartered tax adviser, Jonathan Amponsah CTA FCCA to explain how it works. (more…)
When it comes to start-up investment, the UK has some of the best tax relief schemes anywhere in the world.
The Enterprise Investment Scheme (EIS), along with its earlier-stage sibling the Seed Enterprise Investment Scheme (SEIS), offer protection of investments in UK start-ups. If the business fails, investors can claim up to 80% of the investment as tax relief against their income tax bill. (more…)
A form of finance which is rapidly gaining popularity in the UK business market is bridging finance. Around £750 million was borrowed through the means of bridging in the year 2011, since then it has only gone up where in 2016, this number went up by £4 billion.
The way bridging loans work is that they allow a business (or an individual) to access large sums of money within around 2 to 4 weeks. (more…)
Whether you’re starting a business, or taking it to the next level, the right finance can be a significant factor in driving growth.
Perhaps the growth of your business depends upon the purchase of new equipment to enable you to increase capacity, provide additional services, or win a particular new contract. In that case, asset finance could be the key to unlocking your growth potential. (more…)
– This is a promoted guide from Nationwide Corporate Finance
. Nationwide Corporate Finance offer rates from just 3.6% per year, and we specialise in business finance of all kinds. We have lent over £3 billon to businesses just like yours.
There are several ways to finance a business. These include bank loans, finance from independent lenders, and crowdfunding. Your capability of financing your business depends on convincing somebody else to invest in your idea and you. (more…)
Crowdfunding is often seen as an easy route to raising money, but a major factor often overlooked is that it only works for certain types of businesses.
This article explores what those businesses that suit crowdfunding typically look like, and for companies that don’t fit the mould, suggests some steps you can take to make your venture more attractive to crowdfunding investors. (more…)
Open Banking is here and is about to transform competition in the banking and funding arenas.
Since 13 January 2018 nine of the largest banks in the UK are governed by the new regulations introduced by the Competition and Markets Authority (CMA).
But what exactly is Open Banking, and how does it affect businesses across the UK? Here are five key facts you need to know about Open Banking: (more…)
“Any time is a good time to start a company“, so said renowned American angel investor Ron Conway. That may be true, but how easy is it to find the necessary funding?
The answer largely depends on your understanding of how fundraising should be done. (more…)
There’s a huge variety of finance solutions available to small businesses these days, and each have their own pros and cons.
What works for one business may not work for another, and you may use a number of different products to finance your cashflow, short-term projects, or long-term growth plans.
Many companies find business credit cards useful for the short-term end of the spectrum, and while you wouldn’t necessarily use one to pay for larger purchases, they can be a good tool for day-to-day spending, expense tracking, and perhaps emergency cashflow needs. (more…)
PROMOTED GUIDE – This is a promoted guide from Funding Options – the free marketplace for business finance. Find the right finance for your situation, from dozens of the UK’s best lenders.
They might not have the catchiest name — but revolving credit facilities are one of the most useful types of business finance available.
Here’s everything you need to know about revolving credit facilities, and how they could help you fund your business. (more…)
Christmas can be a challenging time for many businesses, whether it’s your busiest time of year or a seasonal slump in trading.
Either way, lots of small businesses find that short-term finance can provide the boost needed to cover short term cash flow issues. Here are 5 funding options that can do this for you; (more…)
Invoice finance is an umbrella term for two distinct forms of business funding called invoice discounting and invoice factoring.
It’s likely you’ll have heard of these alternative types of business finance before, but without knowing exactly how they work, you might dismiss them as just another financial product that you and your business don’t need. However, there are real benefits to these products, so here is what every business owner should know about invoice finance. (more…)
Venture capital money going into technology companies in the UK is at an all-time high. A year post-Brexit referendum, British tech firms attracted £2.4bn in funding.
To date this year, UK fintech companies alone have seen £825m of VC investment. So, what do investors look for in tech start-ups and how do you get a slice of this funding for your technology venture? (more…)