Securing a commercial mortgage can be a significant undertaking for any business. However, if you have a County Court Judgment (CCJ) on your credit file, the task becomes even more daunting. This blog will delve into how a CCJ impacts your ability to obtain a commercial mortgage, steps to improve your chances, and available options. […]
Business credit score
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. Business loan declined – come back next year. If that’s you then you’re not alone. Understanding why […]
Understanding Business Credit Ratings: A Guide for Business Owners
As a business owner, you are no stranger to the importance of creditworthiness. Just as individuals have personal credit scores, businesses also have their own credit ratings. Understanding business credit ratings is crucial because they can greatly impact your company’s ability to secure financing, build strong relationships with suppliers, and maintain a healthy financial standing. […]
Am I eligible for a small business loan?
Growing your business takes blood, sweat and tears…and more often than not, a good deal of cash. How do you get the right funding in place for your business, and how do you maximise your chances of getting approved for a small business loan? Funding a business means either spending working capital, raising cash from […]
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 […]