What is Spot Factoring? Spot factoring also known as single invoice finance which is a flexible and affordable way to raise money against your customer invoices. In principle, it’s the same as standard invoice factoring but offers advantages to certain types of business. If your company doesn’t require a constant source of working capital, carries [...]
About adminThis author has not yet filled in any details.
So far admin has created 68 blog entries.
Bank turned down your small business loan? What to do if your small business loan application is rejected? Bank must offer an alternative option. Katrin Herrling's story tells us how did she face financial crisis when bank changed its lending terms. From today, the UK’s nine largest banks will be legally required to help entrepreneurs find funding [...]
Have you finalised your recruitment strategy for 2018? Investing in staff is the top priority for SMEs, one study has revealed, with many admitting recruitment is their biggest business decision Recruitment is especially vital for employers, with more than one in five (23%) employers stating that after launching their business, hiring new staff has been [...]
Banks usually require security for business loans, if you are not holding personal or business asset can cause your application to be rejected. Before submitting your business loan application, you may want to look into what can be considered collateral Whether your company is a start-up or well-established, there can often be a number of hurdles to jump when it comes to attaining [...]
What Is Invoice Discounting And How Does It Work? Invoice discounting is a invoice finance facility that allows business owners to leverage the value of their sales ledger. When you send out an invoice to your customer, a proportion of the total amount becomes available from the lender, providing an invaluable source of working capital [...]
The Difference between Invoice Factoring and Invoice Discounting Both invoice discounting and invoice factoring are cash flow solutions designed to free up funds for companies that are solvent and operationally sound but which could benefit from a short term cash injection. Invoice factoring is a means through which a business can effectively sell its ownership [...]
Can you get business finance with a CCJ? The truth about small business is that it’s never easy. If it was, everyone would be running their own company. In particular, all sorts of businesses can get stuck in a rut where they’re unable to make certain payments, which in some cases may lead to a [...]
Business Credit Cards - A Short Term Funding Solution There’s a huge variety of finance solutions available to small businesses these days, and each have their own pros and cons. What works for one business may not work for another, and you may use a number of different products to finance your cashflow, short-term projects, [...]
Funding Options For Business Growth There are so many funding options for business growth. The major hindrance to starting up a small business is funding. Most entrepreneurs don't realize that there are more ways to get funding. Get the right guidance and advice from invoice funding broker. Internal or external funding is a vital part of business growth, but [...]
Loans To Small UK Construction Firms To Plug Gap The directors of small British construction businesses are lending loans to small UK construction firms to plug a funding gap as banks set tighter lending criteria and major contractors delay payments, a survey showed on Monday. Directors lent the companies 38m pounds in 2015-16, up from [...]