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.
Managing cash flow when furlough ends in September
Since it was introduced by the government back in April 2020, the Coronavirus Job Retention Scheme (CJRS) has been a lifeline for households and businesses across the UK. However, with the scheme set to end on 30 September, how can business owners manage cash flow in a way that will enable them to retain staff and continue trading?
19 Aug 2021
How to manage your clients’ cash flow with funding
Managing cash flow is critical for the survival and success of any company. But the disruption caused by Covid-19 and Brexit has made it all the more difficult for many businesses to maintain a positive cash flow. In this post, we’ll run through how you can help manage your clients’ cash flow by leveraging flexible business finance.
17 Aug 2021
Why is it important to “Lend Green”?
The government’s vision to ‘Build Back Greener’ following the Covid-19 pandemic sets out a policy direction for the UK to reach its carbon emissions reduction target of 78% by 2035 compared to 1990 levels. But a new report from Bankers for Net Zero argues that for SMEs to implement sufficient carbon reduction policies and regulatory requirements, more financial support is needed.
11 Aug 2021
What are late payment fees?
Running a business can be time consuming and challenging, so when it comes to making sure your invoices are settled many business owners simply don’t have time to chase. Late payments are a common issue for small business owners and by applying a late fee payment on invoices, SMEs apply another layer of legislative protection.
10 Aug 2021
Can you save on your CBILS loan repayment costs by refinancing for a RLS loan?
Last week, the Financial Times reported that as much as £5bn of state-backed government Covid-19 funding is at risk of not being repaid. So, what can business owners who took out a government-back loan – or any other type of finance – do to help ease the financial burden? For many, refinancing debt using the RLS could reduce repayment costs.
9 Aug 2021
What is the standard late fee on an invoice?
Late fees are often included within invoices as a penalty for customers that don’t pay their bills on time. Used by businesses of all sizes, late payment fees are used to encourage customers to pay their invoices on time. This then prevents business owners from needing to resort to short-term loans to pay their bills.
9 Aug 2021
What is EBITDA?
The acronym EBITDA stands for ‘earnings before interest, taxes, depreciation and amortisation’. It’s a metric business owners use to look at their operating performance. EBITDA can be considered as a substitute for cash flow for businesses to help them understand their current financial performance.
6 Aug 2021
5 things to know about merchant cash loans
If your business uses a cash terminal and takes card transactions, you could benefit from a merchant cash advance to help grow your business and enjoy a flexible repayment plan.
5 Aug 2021
Who makes up the SME lending ecosystem?
The SME lending ecosystem is made up of numerous entities operating in the business finance sector, including business banks, non-bank lenders, accountancy firms and lending platforms like Funding Options. Read on to find out more about how the lending ecosystem is evolving, and how Funding Cloud is helping to support it.
4 Aug 2021
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