Both secured and unsecured loans are common in the world of business. They’re taken out by businesses of all sizes for a variety of purposes, from paying operational expenses to financing new locations, product development, advertising campaigns and more.
Category archives: Loans
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.
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…
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.