Owning a bed and breakfast is a dream for many. It can be a rewarding way of gaining financial freedom, you get to meet travellers from all over the world, and after putting in some initial work, a B&B can eventually run smoothly with little effort on your part. In addition, it gives you the […]
When you borrow money from a lender, whether it’s for a business loan or personal loan, you’ll need to pay back this loan with interest. In some instances, the final amount you end up paying back over time can be more than double the amount you originally borrowed. Interest is in place so that the […]
When it comes to offering finance to customers in the UK, business owners have two basic options; they can either administer the customer finance themselves or work with a third party financing company to run the credit operations on your behalf. Decide what type of finance you want to offer Choose a financing firm to […]
When it comes to funding a business, capital is paramount. Capital is the operating money that you need to get your business running smoothly before you start bringing in money to break even and eventually turn a profit. There are two types of capital: equity and debt. Equity and debt are very different and will […]
DJ finance offers a flexible and accessible alternative to outright purchase. But as is the case with all types of finance, there are pros and cons to consider.
For many startups, the quest to gain the investment of a wealthy mentor feels a little “Great Expectations”, but it can make a small business soar.
It’s a co-working company sweeping the world, but now WeWork is putting its money where its mouth is and handing out millions of pounds through business grants.
OakNorth has appointed a new CFO as it approaches the £500m lending milestone, while it plans to unlock access to finance for many more entrepreneurs this year.
Amidst the array of challenges that SMEs in the UK face, such as securing investment, outpacing competitors and growing a customer base, the biggest obstacle to growth for 54 per cent of UK SMEs is a shortage of cash.
At the end of UK Crowdfunding Week, it’s a chance to reflect on why this form of funding has become so popular for entrepreneurs.
On the surface, HSBC’s announcement of its largest funding commitment to date for UK SMEs may seem astounding. It is well known that since the financial crisis banks have been lending less to small businesses, hence the rise of alternative finance.
Barclays has inked a deal with the UK Business Angels Association (UKBAA) to create Angel Hubs, a series of incubators that will provide companies in scale-up mode with access to funding and mentoring opportunities.