What are the top pros and cons of unsecured business loans?
Lots of businesses – even the most profitable – require [business loans](https://www.fundingoptions.com/knowledge/business-loans/) to fund their financial needs. Whether you need finance to take your company to the next level or manage your day-to-day cash flow, you could use an asset to secure finance. But what if you don’t own assets? Is it possible to get a loan if you’re unable or don’t want to offer security? Yes – that’s where unsecured business loans come in.
25 Aug 2022
Business Credit Cards: The Safety Net for Cash Flow
Cash is king for businesses, but it doesn't always flow steadily – especially in times of economic uncertainty. A business credit card can be a short-term safety net when cash is tight, or your business needs to cover an unexpected cost. Here's what to expect.
22 Jul 2022
Overdrafts and revolving credit facilities – what's the difference?
Business overdrafts and revolving credit facilities share some similarities. For example, they're both designed for short-term cash flow purposes. But there are also differences: one of the fundamental ones being that your business bank usually supplies an overdraft while revolving credit facilities are available from specialist lenders.
14 Jul 2022
How can a factory reduce its energy consumption?
With energy prices continuing to rise, factory owners consider undertaking a comprehensive energy audit to understand where, how and when to make the critical changes necessary to reduce their energy consumption.
29 Jun 2022
Can I use a personal loan to start a business?
You’ve got ambition, a vision and a solid business plan, and now you need some funding to get your venture off the ground. There are many ways to fund a new business - from bootstrapping to getting a government-backed startup loan. But is it also possible to use a personal loan to start a business? Let’s find out.
3 May 2022
How to avoid cash flow problems
Read here for 14 tried and tested tips and tricks to improve cash flow and avoid potential budget problems. Funding Options, we know business finance.
26 Apr 2022
Is it better to operate as a sole trader or limited company?
One of the first decisions you'll have to make when deciding to go into business is the legal status of your enterprise. Will you operate as a sole trader or limited company? These are the two most popular methods to run a business in the UK and will have profound implications on every aspect of your business. Tax, regulations, and employment are just three issues pivoting from your chosen status. Here we'll discuss the strengths and weaknesses of each to leave you better informed, no matter what choice you make.
14 Mar 2022
Setting realistic targets for 2022 and how to raise the finance to achieve them
If your business survived 2020-2021, you’ve come through the deepest recession and trauma this country has experienced in several decades. In some ways, getting through the downturn and pandemic proves that you have grit, and your business is built on solid foundations; if your business survived the pandemic, you could survive just about anything. As society and businesses crank back into life after the lockdowns and restrictions, 2022 could be a bumper year for many SMEs. We’ll use specific businesses as examples to discuss ideas and examples of how to get the funding in place to achieve your ambitions and targets.
17 Feb 2022
With 400,000 small businesses struggling to get paid on time, what are your options?
Many SMEs wait months for their invoices to get paid, and a knock-on effect can occur. You mightn’t have the cash on hand to pay your suppliers if you get paid late, and this ripple effect can put many businesses in danger and potentially affect their reputation and credit standing. You don’t have to avoid this overdue payment problem; you can challenge it head-on because two principal approaches exist to tackle the issue. You can negotiate with debtors and creditors or use specific finance options to alleviate cash flow issues. In this blog article, we’ll discuss both options in detail.
16 Feb 2022
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