Buying a business can be a daunting task as it’s one of the biggest purchases you’ll ever make. We talk to lots of businessmen and women who are experienced in buying physical businesses such as convenience stores, newsagents and restaurants so we thought we’d share some simple tips to help you along the way. Due […]
Business loan declined? 4 ways to bounce back
You’ve crunched the numbers and decided you need to raise finance to get to the next stage. You’ve brushed up your latest accounts, done some projections, downloaded your bank statements and applied to your bank. But no deal. Application rejected. Come back next year. If that’s you then you’re not alone. Brush yourself off and […]
10 tricks to build your business credit score
In this article we look at what a business credit score is, and reveal some little known hacks to get your business in top shape. With a few little tweaks you could give your score a boost. After all, your business credit score can affect how potential lenders view you, as well as suppliers, so […]
Why might your small business loan be rejected?
Every business needs a cash injection from time to time. It might be to make an important investment that will allow you to scale up production and increase sales, to fund an asset purchase, or to tide you over during a seasonal dip in trade. A business loan is one of the most common and […]
3 ways to finance your business growth
Small business owners tend to be ambitious for growth, but this costs money and deciding on the best way to fund expansion requires careful planning. Here we take a look at the pros and cons of using savings versus raising external finance.
Getting business finance if you have a CCJ
When you’ve been issued with a CCJ (County Court Judgment), getting business finance might seem unlikely. In reality, although it might be harder it is not impossible. There are ways you can help lessen the effect of a CCJ on your business, potentially making it easier to find a lender.