Entrepreneurs can be highly predictable people. What do you suppose is every entrepreneur’s dream? If you said “to start a successful business” you would be spot on. But what is the dream after the business is off the ground? That’s simple, they want to make it grow. Look at any business plan in the entire […]
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 […]
Every business needs a little financial boost from time to time, especially in its early days or in time of growth. Today’s financial market offers a wide range of funding types for businesses, depending on how much is needed over what period and for what purpose. Of course, the first thing any lender needs to assess […]
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 […]
When you’re thinking about whether to borrow money to invest into your business, a key consideration will be cost. If the cost of borrowing is reasonable, you may be able to take out a loan, invest in growth and make a good profit. However, if the cost is too high it may you may not […]
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 […]
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.
In this article we take a look at the range of finance options available to small businesses who need to boost their working capital. We explore traditional options as well as one or two lesser known ways to fund your business. There is a well-worn statistic that is quoted time and again that 80 percent […]