Do You Need Good Credit for Asset Finance?
Is it important to have good credit for asset finance? When it comes to financing major assets—vehicles, equipment, or machinery—many businesses turn to asset finance as an efficient way to spread costs and protect cash flow. For businesses that don’t want or can’t afford to make a large up-front investment, asset finance offers several flexible […]
Understanding Bridging Finance
Looking for Bridging Finance? Here’s what you need to know Bridging Finance is a well established lending product which is becoming more widespread and popular. It’s Bridging finance is a short-term loan designed to “bridge” the gap between the need for immediate funding and the availability of long-term finance. It’s commonly used in property transactions, […]
Asset finance facility saves business £90,000 a year in costs.
Asset finance gives your business access to the equipment, vehicles, plant and machinery it needs to carry out it’s day to day activities. It’s a great tool for businesses that are growing and want to maintain a healthy cash flow How does Asset Finance work? In simple terms, your asset finance provider purchases the asset […]
Asset Finance: The Ultimate Guide
Asset Finance can be a useful way for small businesses to invest in growth Asset finance. What is it, how is it used and where can you source it? Welcome to our ultimate Guide! One of the major challenges small business owners face when growing, is how to finance the equipment needed. This could be […]
Getting yourself lender ready
When most companies apply for finance, whether this is through a broker or direct to a lender, often they will send in the information required and hope for the best. But what if there is a better way. What if you can get yourself lender ready and give yourself the best chance of getting the […]
Merchant Cash Advance: A Guide
In business finance, small and medium-sized enterprises (SMEs) often face the challenge of securing quick and flexible funding. Traditional loans can be cumbersome with their stringent requirements and lengthy approval processes. This is where Merchant Cash Advances (MCAs) come into play, offering a viable alternative for businesses in the UK. What is a Merchant Cash […]
What is factoring?
Factoring, or invoice finance, is a financial service where businesses sell their outstanding invoices to a factoring company in exchange for immediate cash. These facilities are incredibly common in the UK and offer several advantages, particularly for small and medium-sized enterprises (SMEs). Here are the key benefits: 1. Improved Cash Flow 2. Reduced Credit Risk […]
We need to talk about Personal Guarantees
Many business owners think the fact they are directors of a limited company will in turn limit what they are liable for when borrowing money. The truth is that many lenders will require a personal guarantee (PG) from any person that also has a significant stake in a business (i.e. more than 25%). This may […]