By Funding Options Most of us are all too aware of the importance of good personal credit when it comes to obtaining finance for mortgages, contracts, and credit cards. For small business owners, establishing business credit can be just as crucial. Even if you’re a solo-led startup running your business from your own home, it’s likely that […]
By Funding Options Healthy cash flow – the amount of cash and equivalents that flow in and out of a business – is the lifeblood of most SMEs. Yet dealing with cash flow issues as a startup or small business can be challenging and lack of cash is one of the top reasons companies fail. […]
By Funding Options In the world of business, things can move at lightning speed and there are times when you might need a bit of extra cash to keep things moving in the right direction. Perhaps you’ve been hit with an unforeseen expense to pay for or maybe you just want to grow your business. […]
By Funding Options If you need access to a car for business purposes and could do without the inconvenience of legally owning one, business contract hire — commonly referred to as BCH or business car leasing — could be the route to (eh hem) drive down. Even if you do have the capital to buy […]
Posted on 15th September 2020 in funding options.
By Funding Options Every business, however large or small, needs adequate cash flow to operate well. Business loans for small businesses can provide companies with the financial help they need in a flexible format. In this article, we take a look at the most common forms of small business loans and what they’re typically used for. What […]
By Funding Options A limited company buy-to-let mortgage is where you purchase a buy-to-let property through a limited company or SPV (Special Purpose Vehicle). For a large percentage of property investors, the tax benefits of buying a property through a limited company can be considerable (particularly for higher or additional rate taxpayers). When it comes […]
By Funding Options The sharing economy is based on the idea that you don’t have to fully own something to benefit from it. Among other things, it’s changing how we think about ownership and having an impact on how we invest in property. A decade or so ago, the only option for someone wanting to […]
By Funding Options Business acquisitions can play a large role in the success and growth of companies. SMEs use acquisitions to bolster their market presence and acquisitions aren’t a rarity in the corporate world either. Alphabet – Google’s parent company – had reportedly acquired over 200 companies by 2016. But what is a business acquisition […]
By Funding Options Sometimes, waiting days or even weeks to secure a business loan isn’t a viable option. Every business experiences turbulent times, and having enough capital to keep afloat in the midst of a crisis is critical. Fortunately, there are plenty of options out there for businesses requiring fast finance. Most come in the […]
By Funding Options To say that COVID-19 is having a significant impact on the UK’s economic landscape is an understatement. Just a few months ago, Rishi Sunak confirmed that the country’s debt is now worth more than its entire economy after the government borrowed £55.2bn in May – the highest amount since records began in 1993. Issues […]
By Funding Options As the UK’s coronavirus lockdown measures are eased, some businesses are looking to reopen either fully or partially over the coming weeks, while others will remain closed. During this period of limbo, customers – as well as businesses – require clarity. To ease back into a version of “normality”, businesses need sufficient working […]
Posted on 20th August 2020 in funding options.
By Nicky Goringe Larkin, Managing Director of Goringe Accountants On paper the Coronavirus Business Interruption Loan (CBILS) is an extremely attractive form of credit, backed by the government in the form of an 80% guarantee. Unfortunately, the likelihood of gaining access to one of these loans is notoriously low, with reports of less than 1% […]