What happens if I don’t have any funding options available to me?
It’s not uncommon for a business to apply for a loan only to find out they’re not eligible. If you’re facing this predicament, the good news is there are things you can do to make it easier to get business finance now or in the not-too-distant future.
30 Mar 2021
Key tax dates and deadlines for 2021
With so much going on at the moment, key tax dates and deadlines might be the last thing on your mind. So, to help you stay organised, we’ve compiled a list of important dates to be aware of when it comes to keeping on top of your accounting duties.
3 Feb 2021
Government offers grants to survive post covid
One-off grants worth up to £9,000 will be available for businesses in retail, hospitality and leisure to help them stay afloat until spring 2021, the Chancellor has announced.
5 Jan 2021
What are the features and benefits of a revolving loan?
If you’re looking for a flexible type of finance, a revolving loan (or revolving credit facility) could be the right solution for you. This alternative type of business finance allows you to withdraw money as and when your business needs it. Revolving finance can help you to alleviate cash flow challenges and invest in its future.
24 Nov 2020
What is working capital? Key terms and formulas explained
Every company owner knows that working capital is the not-so-secret sauce of any successful business. Yet achieving a healthy flow of working capital isn’t always as straightforward as it sounds. In this guide to working capital, we’ll whizz through some of the key terms and teach you how to work out your own business’ working capital ratio.
24 Nov 2020
How to get a credit card for a new business
Business credit cards are available for organisations of any shape or size—including new companies. If you’re a sole trader, run a small business or have recently set up a new one, you might be eligible for a business credit card.
24 Nov 2020
Types of bridge financing – key terms explained
Although bridging finance is commonly used for buying and renovating property, it can also be used by business owners for a range of other purposes. Bridging loans aren’t as niche as they used to be and business owners consider them when they require a quick cash injection. As with any loan, eligibility criteria applies and you’ll need to present a business plan and exit strategy when you apply for one.
14 Dec 2020
Cash flow lending definition and how it works
Healthy cash flow – the amount of cash and equivalents that flow in and out of a business – is the lifeblood of most SMEs. Yet dealing with cash flow issues as a startup or small business can be challenging and lack of cash is one of the top reasons companies fail.
15 Dec 2020
What are fast business loans?
In the world of business, things can move at lightning speed and there are times when you might need a bit of extra cash to keep things moving in the right direction. Perhaps you’ve been hit with an unforeseen expense to pay for or maybe you just want to grow your business.
15 Dec 2020
Subscribe to our newsletter today
Sign up for the best of Funding Options sent straight to your inbox.