Current data, analysed by 365 Business Finance, shows that barbers, beauty salons, vape stores, cafes and tearooms, along with restaurants and bars have been the fastest growing retail sectors in the UK over the past three years.
A cash advance is a type of short-term loan that’s made to an individual or business, either by a bank or by a specialist finance provider.
We're in the running for the Direct Lending Platform of the Year, Business Growth Enabler and Growth Finance Provider of Year categories in the inaugural Growth Finance Awards. The awards were launched this year to celebrate the companies providing “more than finance” to the UK’s growing businesses, and celebrate companies that provide a growth finance service that has delivered a clear and demonstrable impact over the past 12 months.
We've seen a growing trend in the use of merchant cash advances by independent restaurants, as a means to keep ahead of the competition and grow their businesses while many chain restaurants suffer losses and closures
We recently caught up with Joel Braham, founder of The Good Egg, to discuss the journey of his restaurant business, the challenges faced by independent restaurants and the importance of maintaining a happy workforce, consistently high standards and managing cash flow.
Equity financing is a method of raising capital for a company by selling shares. Companies in need of capital for growth can raise funds by selling shares to investors, giving the investors a certain level of ownership of the company.