Utilising A Bridging Loan For Your Next Commercial Property
Bridging finance is a common way to get commercial development projects started or finished, particularly when you need to borrow money quickly. Funds can sometimes be made available in a matter of hours in some circumstances (if you have a relationship with your lender) and it rarely takes more than a fortnight. How do they work? Bridging loans are a short term secured loan where the security offered by a borrower is either commercial, semi-commercial or buy-to-let properties. Lenders offer a…
Can digital transformation help your business?
The speed of technology over the last twenty years has been staggering. How businesses were run then to how they are run now can be quite unrecognisable but when it comes to digital transformation, businesses are still hesitant to make deep company changes. The “We’ve always done it like that” is still a common phrase but those companies who have embraced the new digital world are creating new value opportunities for customers, employees and shareholders. So, how do you go…
Why SMEs and Retailers Are Using Working Capital Loans
Small & medium enterprises often take a lot of risk. Business owners manufacture or buy products hoping to sell them in the future. Sometimes sales come quickly, and sometimes it can take weeks or months (with some deep discounts or heavy promotion) to make a sale. Even established retail businesses need to regularly fund marketing campaigns to keep sales alive! For many small business owners in the retailer space, having access to financing is one of the key ways they ensure…
Debt or Equity Financing? Two choices of funding for your business expansion.
Most companies start out with a five-year plan which will include expansion. When the time comes to take your product and business to the next stage, you may need to think about external investment. There are a wide range of lending options for SME’s and entrepreneurs who are looking for access to funding: from venture capital, government grants or accelerators and bank loans. Two of the most prominent sources of investment though are debt and equity financing. Read on to…