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…)
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…)
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…)
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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…)