Genie Lending’s blog provides helpful information and advice about business loans and alternative finance methods. Learn more today.

Why Alternative Finance Could be for You

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The world of alternative finance is becoming a mainstream option for many individuals and businesses in need of funding. Traditional bank loans are becoming more difficult to obtain, and the long application process isn’t practical for many people in need of a loan. In 2014, £1.74 billion was raised using alternative finance methods, and its popularity keeps on building momentum. More and more small businesses and property investors and starting to reap the benefits of alternative finance options such as peer to peer lending, pension-led funding and business loans from alternative providers. Read more →

How does Peer to Peer Lending Work?

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Unless you have been actively seeking a loan or financial help in the past few years, you may not have come across the term ‘peer to peer lending.’ However, after receiving quite a few years of global success, peer to peer funding has took the financial market by storm.

Peer to peer lending platforms hit the financial market about a decade ago – but there are still many Brits who have never heard of it or don’t understand how this type of borrowing works. Alternative finance solutions such as crowdfunding and peer to peer lending can help businesses access cash which wouldn’t be available to them from a bank, and is also a way for investors to get a healthy return. Peer to peer lending schemes can also be used for personal borrowing, to fund debt consolidation or home improvements for example.

Because this is so far away from traditional lending, it can be difficult to understand. Genie Lending’s peer to peer specialists explain below everything you need to know about peer to peer lending.

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How Business Loans Work

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Are you considering a business loan but not sure of the process or how they differ from the average loan? There are many different types of business finance, and it’s important to understand how each works before choosing the right option for you and your company. Many businesses rely on loans or alternative finance options to grow and flourish, and most companies wouldn’t even get off the ground without a bit of financial help.

So how do you apply for a business loan? We’ve put together this informative and concise guide to tell business owners and entrepreneurs everything they need to know about loans. From covering a short term cost to investing in your next location, business loans can be a great tool for growth if used in the right way. Read more →

5 Ways a Commercial Mortgage Could Help your Business

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The term commercial mortgage applies to any mortgage which is not being used to buy a residential property. Many business owners rely on these types of loans to get started with their first premises, or develop what they have already and expand it. Additionally, property investors can take out a commercial mortgage as a way of financing and developing a number of buy to let properties. Read more →

How Shops and Pubs Can Improve Their Cash Flow

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Cash flow is an issue that affects all types of businesses – but in particular small businesses and companies in the retail and hospitality sector. These types of businesses have to deal with constant change, from high staff turnover and seasonal sales to rising supplier costs. Local cafes, pub chains and boutiques can face a daily issue with cash flow, which causes problems in all areas of the business. Read more →

How to Free up Funds with Asset Finance

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Without asset finance, many companies wouldn’t be able to afford to invest in new machinery or take advantage of market opportunities without the cash in the bank. According to the Finance & Leasing Association, in 2016 £30 billion was provided to businesses and the public sector representing almost a third of UK total investment in machinery, equipment and software. Read more →

4 Reasons Traditional Business Loans are Dead

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Over the past decade or so, traditional business lending has faced competition from new and creative alternative finance options. High street banks are clamping down on offering credit, and there are few small businesses which meet the criteria for a traditional bank loan. Yet this hasn’t discouraged entrepreneurs and business owners who require capital to grow their companies. Read more →

The Difference Between Secured and Unsecured Business Loans

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Worryingly, many people don’t understand the difference between a secured and unsecured loan – yet they have very diverse terms and circumstances. The options are endless when it comes to lending, but it’s essential you know all the facts when shopping around. Read more →

The Fastest Way to Grow Your Business

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If you’re setting your sights on business growth in 2017, then you’ll need an effective plan. With the right planning and research, small businesses can expand rapidly. However it takes a lot of hard work and dedication, and you need a supportive team to grow your business. If your goal this year is expansion, then we’ve got some tricks for fast growth that you’ll want to read. Read more →

5 Ways to Secure Business Finance

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If you’re starting up a business or your company needs a cash injection, then you’ll need to apply for business finance. Bank lending figures are continuing to fall, so you might be wasting your time applying for a business loan from a bank. However, entrepreneurs have found plenty of other ways to secure business finance so don’t despair – simply choose one of the options which sound suitable for your requirements. Read more →