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Despite not always being easy for a business to get a bank loan, several 'alternative' finance options cater to a more specialised market, offering increased flexibility around guarantees and repayment terms. Read on to learn more about the alternative funding options your business should consider.
11 Sept 2022
There comes a time – or even a few – when additional funding is required in many businesses’ lifecycles. However, there are a few factors that can stand in the way. Let’s look at the main obstacles to funding and how businesses can overcome them.
21 Aug 2022
As a business owner, you can claim capital allowances for assets you buy and use in your business. These assets are called 'plant and machinery' and cover a range of equipment, machines and business vehicles. Capital allowances enable you to deduct part or all of the item's value from your profits before tax. Here's what to expect.
14 Aug 2022
Having a business bank account will help you to keep your business and personal transactions separate. If you run a limited company or incorporated company, you usually won’t be allowed to use a personal account in place of a business one. Finding a business bank that suits your business’ needs and plans is important, but it’s not always easy. That’s why we’ve put together a list of things for you to consider.
9 Aug 2022
Lots of businesses – even the most profitable – require business loans to fund their financial needs. Whether you need finance to take your company to the next level or manage your day-to-day cash flow, you could use an asset to secure finance. But what if you don’t own assets? Is it possible to get a loan if you’re unable or don’t want to offer security? Yes – that’s where unsecured business loans come in.
7 Aug 2022
Cash is king for businesses, but it doesn't always flow steadily – especially in times of economic uncertainty. A business credit card can be a short-term safety net when cash is tight, or your business needs to cover an unexpected cost. Here's what to expect.
21 Jul 2022
Merchant cash advances can be flexible and fast to obtain. Used predominantly by retail, hospitality, and leisure companies – and businesses that rely on card payments from other sectors – to access unsecured finance. But how do they work, and what are some benefits and things to consider before applying?
18 Jul 2022
Business overdrafts and revolving credit facilities share some similarities. For example, they're both designed for short-term cash flow purposes. But there are also differences: one of the fundamental ones being that your business bank usually supplies an overdraft while revolving credit facilities are available from specialist lenders.
14 Jul 2022
If you've got a business idea in the pipeline or are looking to launch a new project, you might consider funding it via a crowdfunding campaign. But first, why not take some time to understand the advantages and disadvantages?
11 Jul 2022
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