UK businesses put the brakes on lending

Higher borrowing costs and uncertainty about the UK’s economic future are stirring up the waters of business lending. Throughout 2023, the Bank of England’s agents reported that businesses were not as keen to take out new loans as they had been in previous years.

Funding for Business Expansion

Funding for business expansion Funding for business expansion is often the first thought when expanding a business. Strategic business expansion presents a significant opportunity to solidify your market position and achieve new heights. However, navigating this growth journey can be fraught with unforeseen challenges. Here, we’ll explore some of the most common pitfalls encountered during […]

Inflation, Insolvency, and Invoice Finance

Inflation, Insolvency, and Invoice Finance. So far this year we have seen dynamic changes to the UK economy and landscape. In this blog we will be discussing key factors and figures to date, such as inflation and insolvency rates. To start, we will recap on the changes that came into effect in April 2024: Employee […]

Costly Business Mistakes

Costly business mistakes Unfortunately, many business owners make costly mistakes in their first year of starting up that overtime have a negative impact on their business. In 2023, over 900,000 new businesses were incorporated in the UK. Starting a new business is a huge accomplishment – one that also comes with a lot of responsibility. […]

Business Terms and Conditions

Knowing your P’s and Q’s – Business Terms and Conditions Let’s face it, who reads Terms and Conditions? Most of us, simply don’t have the time, and remain unbothered by the position they tie us into. That being said – Business Terms and Conditions are vastly different to clicking a box on your new streaming […]

10 Common mistakes when sourcing funding

10 Common mistakes when sourcing funding Making the decision to look for additional funding for your business is not one to be taken lightly. There are a number of things you need to consider before you even begin the process. We will explore 10 common mistakes business owners make when seeking funding. Avoiding these mistakes […]

Managing a large tax bill

Managing a Large Tax Bill and Preparing for Future Bills. Sometimes the tax bills can be so large that it’s difficult to manage. For any business, big or small, a large bill can cause a huge amount of stress and worry. Through planning, you can stay ahead of your tax commitments. HMRC support could be […]

Invoice Finance for Temporary Staffing Agencies

Invoice Finance for Temporary Staffing Agencies Temporary staffing agencies can experience industry specific monetary issues, that’s where Invoice finance for temporary staffing agencies fits in as a funding solution. When you’re distributing staff to other businesses on a temporary basis, you can experience many overheads and up-front costs before you receive payment. Which in turn, […]

Disclosed Invoice Discounting, a guide to staying in control

Disclosed Invoice Discounting, a guide to staying in control. Funding solutions are available across the country (and internet) to businesses who are seeking to increase their resources, from established businesses to of course, start-up businesses. SME’s face challenges when sourcing business finance – such as poor credit score (or no credit score). Traditionally, business funding […]

The Financial Challenges Facing Cleaning Companies

Barn owl flying down to sit on cleaning cart

The Financial Challenges Facing Cleaning Companies Commercial cleaning companies faced an increased workload over the past four years, and with it, the need for more cleaning staff. In a twist of fate, this additional business often puts a strain on the cleaning companies cashflow – having to spend out on extra expenses before the increased […]