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Funding Options Blog

The growth hub for small and independent businesses

Green Finance

COP26: How we’re helping pave the way for a net zero economy

With COP26 around the corner, now’s the perfect time for businesses to reflect on their own green values and goals. Find out how Funding Options plans to minimise its carbon footprint, and how it’s playing a crucial role in enabling businesses to access green finance.

24 Oct 2021

Education

What happens to a business loan if the business fails?

As soon as a payment is missed, this is considered defaulting and lenders will still need their payment in full. Typically, it’s 2-3 payments before they find other ways of getting the payment from you. Depending on the type of loan you’ve taken out and the agreed terms you’ve signed, defaulting on a payment can mean anything from developing a poor credit rating, high fees and even having assets repossessed. We explore how you can avoid missing payments, what to do if you’re unable to pay and explore what happens to a business loan when a company fails,

21 Oct 2021

Customers

How can businesses prepare for the Christmas period?

For many businesses – especially those operating in the retail and hospitality sectors – Christmas can be one of the busiest times of the year. Preparing your sales and marketing strategies ahead of time is key, and with a bit of research, you can use changing consumer spending habits to your business’ advantage.

19 Oct 2021

Business Energy

Business energy mythbuster – 3 myths debunked

With wholesale energy prices at a high and firms fearing an uncertain winter, now could be a good time to explore business energy deals. In this article, we debunk some of the common myths around switching energy suppliers.

18 Oct 2021

Education

Can you get a loan for a new business that is 5 - 6 months old?

Starting a business is an exciting and busy time, so when it comes to finding the right funding it can sometimes feel overwhelming. Navigating the different types of business loans available to start-up businesses can be time-consuming and when you’re trying to run a new business, time is money! We explore whether a business that’s just 6 months old can apply for finance and the types of funding available.

14 Oct 2021

Tech

The Funding Cloud (™) journey – 6 months on

It’s been six months since Funding Options launched Funding Cloud (™), a technology designed by our in-house tech team. It connects businesses, lenders and partners to facilitate fast, accurate and secure access to funding at scale. In this article, our Product Manager, Akruti Amin, reflects on how Funding Cloud (™) has evolved since April.

13 Oct 2021

News

Funding Options’ 2021 Women in Finance Charter update

In 2019, Funding Options signed the Women in Finance Charter as part of our commitment to creating an inclusive and equitable workplace. We were recently required to share an annual update on our progress in meeting our targets and objectives.

11 Oct 2021

Education

Understanding cash flow vs. asset-based business lending

When it comes to applying for and securing finance, business owners have a few different options outside of the standard business loan, which includes options such as cash flow and asset-based lending. We explore both loan options as well as the key differences between them.

10 Oct 2021

Education

5 tips to help support your teams’ mental health as a business owner

According to the charity Mind, 1 in 6 workers experiences poor mental health symptoms such as stress and anxiety. Many business owners worry about the well-being of their teams but can often be too busy or may even feel unprepared to help. We look at some potential ways business owners can support the mental health of their employees, as well as their own health.

7 Oct 2021

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