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.
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
Road to recovery: hospitality and tourism
The pandemic has highlighted the importance of hospitality and tourism businesses, not just as employers but as cornerstones of our local communities. As the sector continues to face huge hurdles, we take a look at what its road to recovery might look like in light of the Government's new strategy, which focuses on boosting resilience.
3 Aug 2021
What is a creditor?
A creditor is an individual or business that lends money to another individual or business through providing products or services to them. As soon as they provide the service or product or simply give the loan they become a creditor as they’re owed the money back.
2 Aug 2021
Could your business save by switching energy providers?
Like individual consumers or households, some businesses stick with the same energy supplier for years – decades, even. But changing business energy supplier can help you keep your expenses under control. Could you be saving capital by switching today?
29 Jul 2021
What are debtor days and should I use them?
Debtor days refers to the time a business waits to be paid by their customers which can be anything from 10 to 90 days, depending on the size of the business and the product or service they trade. Debtor days are usually compared to stock days which refers to how long you have stock for tying up cash flow until it’s sold.
27 Jul 2021
5 common myths about green finance
Green finance is designed to fund sustainable businesses and business activities. However, a few remaining misconceptions about the costs and benefits of green finance mean some businesses are putting their initiatives to transition to net-zero on hold. Here’s why it’s time to lay any doubts aside and turn those green ideas into a reality.
21 Jul 2021
Funding Options bolsters leadership team with experienced CFO appointment
Ian Savage brings wealth of fintech and financial services knowledge alongside particular expertise in driving growth.
27 Jul 2021
Can hire purchase be used to access the super-deduction?
If your client needs to purchase equipment or machinery for their business but they don’t have the cash to buy it up front, hire purchase could be just what they need. What’s more, hire purchase can be used as part of the government’s super-deduction capital allowance.
26 Jul 2021
Tech Debt? What Tech Debt?...Exactly.
In our latest tech-focused article, Funding Options’ Front End Tech Lead Tom Parsons kills Tech Debt. Yes, you heard us correctly! Read on to find out how Tech Debt’s demise has helped Tom and his team drive greater efficiency within our organisation.
22 Jul 2021
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