Out of all British industry, farming and fishing are arguably the areas which will be impacted most after Brexit. Currently UK agriculture is bound by a plethora of EU regulations and agricultural policy, and many challenges and questions lie ahead for farmers once the nation formally leaves the European Union.
Summer is just around the corner – and for many businesses it means peak season. With the warmer temperatures comes extra custom and the opportunity to increase profitability, but it’s critical to be well prepared. It’s important to plan ahead and ensure you’re ready for increased business. Here are some top tips. Consider your staffing […]
In recent years, payday loan companies have multiplied all offerings which seems like an easy option for cash strapped individuals and businesses. The slick advertising campaigns and high profile sponsorship deals made certain lenders household names and an attractive option for those needing quick access to money. However, while payday loans appear like a straightforward […]
Any business owner will be familiar with the situation – the end of the month is approaching, employee salaries and property fees require payment, but you haven’t yet received the funds from a number of outstanding invoices. While a 30-60 day turnaround on invoice is supposed to be standard, statistics show that the average invoice […]
Being rejected for a commercial loan from a bank can be a demoralising experience, but it’s one you shouldn’t take personally or allow to dampen your enthusiasm. After all, any successful business owner is going to need a pretty thick skin, especially when it comes to matters of finance.
If you’re considering applying for a commercial loan to help your business reach the next step in its development, you might be interested to learn whether other enterprises in your sector are borrowing money. Which industries use business loans more than others?
New Year, new you, new business venture? Go for it! There’s never been a better time to follow your dreams and kickstart a successful business than today, as the sooner you get the ball rolling, the sooner you’ll be able to reap the rewards.
Applying for a business loan can be disheartening, with more and more companies being rejected by mainstream lenders. High street banks have a very strict set of criteria, and no matter how hard they try, the majority of businesses can’t jump through the endless hoops. Unfortunately, many business owners find themselves in the position of […]
Choosing a business finance broker is a difficult task, because from the outside they all look the same. Whether you’ve been trawling the web looking for a loan broker or you’ve met one in person, how can you be sure they are trustworthy? When you’re making a big financial decision you want to know you’re […]
The UK economy is very volatile at the moment, which has a direct impact on the banking sector. With the instability surrounding Brexit, lenders are generally tightening their strings and restricted the amount of finance they’re willing to give to British businesses. Inflation has also been rising which is another concern, as higher household costs […]
