Business Funding in 2021
It’s no secret that 2020 was a tough year for many businesses. Some will now have managed to trade through a difficult period and are now picking back up, but the majority are still looking to plug gaps in cash flow. Many business owners that took a Bounce Back last year have been encountering the…
Merchant Cash Advance – what are they, and how do they differ from business loans?
I’ve spoken to several clients recently, and discovered that Merchant Cash Advances are still a fairly unknown product for some business owners. A truly great option, and often more beneficial than a standard unsecured business loan, they are also typically easier to obtain. So what are the advantages of an MCA facility? Advantages of a…
Coronavirus Business Interruption Loan Scheme (CBILS)
What is CBILS? And are you eligible? Coronavirus Business Interruption Loan Scheme, (CBILS), is a new scheme for SME’s across the UK that are facing lost revenues, leading to disruptions to their cash flow. CBILS supports a variety of business finance products, including Unsecured business loans, Invoice Finance and Asset Finance. How it works The…