Funding Options Blog
Home of our blog articles on topics that will inform and educate entrepreneurs on topics such as lending, green finance, tax and financial matters.
Can a personal loan be used for business purposes?
Personal loans can be quick to apply for and arrange. But can they be used for business purposes? It's essential to check the loan terms before using them for your business. At Funding Options, we can match you with the right business loan for your needs and circumstances by comparing over 120 business lenders.
1 Jun 2022
5 factors that keep you from getting a business loan
There comes a time in many a business' lifecycle when additional funding is required. A business owner might use a business loan to help get operations off the ground, expand, or overcome short-term cash flow problems. But what can prevent businesses from being eligible for finance? Let's find out.
1 Jun 2022
Using a bridging loan for stamp duty
A bridging loan is a type of short-term finance that can help you bridge a gap in funding. It's often used in property purchases and to support a sale in getting over the line. Here we'll take a closer look at how bridge loans can be utilised in property and the broader sense.
31 May 2022
How to get a loan to buy an existing business
When starting a business, we usually think about building one from scratch. But there are plenty of benefits to buying an existing business from someone who wants to sell. With the right experience, you might be able to purchase one with a business loan.
12 May 2022
Do I have to give my employees the day off for the extra bank holiday?
Many of us will be enjoying an extra bank holiday day off on Friday, 3 June, to mark the Queen's Platinum Jubilee. The end of May bank holiday has been moved to Thursday 2 June so that people can enjoy a four-day weekend. But is everyone entitled to the day off? It depends on your employee contract.
3 May 2022
How to repay a business loan
If you're considering taking out a business loan, you're probably thinking about the logistics of paying it back. Whether you're using finance to fund growth or keep things moving, you must stick to your business loan's repayment schedule.
25 May 2022
When to get a property bridge loan
A bridge loan is designed - as the name suggests - to bridge a gap in funding and is often used to facilitate the purchase of a property. This article runs through some of the primary uses and when it might be appropriate to get a bridge loan for a property.
3 May 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
Shopping on social media is forecast to grow exponentially – are you ready?
Research by the media agency Essense reveals that shopping on social media is becoming increasingly popular with consumers. Social media e-commerce presents a massive opportunity for SMEs in the UK, but many still aren't leveraging its potential. Here's how to make it work for your business.
6 May 2022
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