Moving from Personal Finance to Business Finance
SME research suggests one in four businesses with a turnover of £250,000 or less have in the past used personal finances of owners to grow business, with just 4% opting for a business loan. Of course, small business owners often speak of the sacrifices made in order to increase the profitability of a business, but…
Financing for Hotel Renovations
Hotel financing is tricky subject for some hoteliers to approach, as loans can put pressure on a business. However, planning finances and understanding funding options can make a huge difference to a hotel and in-particular any major one-off costs, such as renovations. Renovations Needed? Profit margins are everything to hotels and the leisure industry and…
Applying for a Merchant Cash Advance
Getting funding for a business is a challenge, whether it be ensuring your business meets strict requirements or simply have the time to fill out lengthy applications and go through vetting processes. However, business funding such as a merchant cash advance can have a huge positive impact on your business and planning efficiently for such…
Understanding Your Loan Options
The financial industry is currently under an unprecedented level of uncertainty as a result of Brexit, and as such banks and traditional methods of lending are less likely to lend unsecured to businesses in the UK. However, using a few simple steps – such as a merchant cash advance – could be the perfect remedy…
Hotel Industry to Continue Growth Despite Brexit
It might seem that the UK news is dominated heavily by the impending implications of the activation of Article 50, which will officially trigger Brexit. Of course, the economy will change and be impacted, but predictions suggest a weaker pound could point towards increased international investment and business growth, merchant cash advances or business loans…
2017: Trends in Banking
Brexit, financial policy, interest rate changes and increases in demand for alternatives to bank loans are all on the banking agenda in 2017 – so what are we likely to see? And how can businesses make the most of expert predictions? Cyber Security to be tested At the end of 2016 Tesco Bank was hacked…
2017: Leisure Industry Predictions
While the full impact of Brexit is yet to be felt, we do know Article 50 will be triggered by the end of March 2017 and that this is likely to send shockwaves through core industries in the UK. As a merchant cash advance lender, we work across many of these key industries, one of…
How do you apply for a Merchant Cash Advance?
It has become a relatively well-known fact that getting a safe and reasonable loan for your business is not exactly easy. In fact, that would be putting it lightly. It is undoubtedly a minefield of potential problems and something you do not want to be taking risks with – especially when the future of your…
