By jesse_orange
No 5. Conversing with funders Every business sector has its own jargon and shorthand, and finance is no different in that respect. What makes finance slightly different is that it has a language crammed with maths, accounting and economics terminology. So, there’s quite a lot to navigate when you are going through the application process, … Continued
What is the RLS? The Recovery Loan Scheme allows UK businesses to recover through access to business finance, giving them the tools to grow following the Covid-19 pandemic. A government backed scheme; RLS is the successor to the Bounce Back Loan Scheme (BBLS), Coronavirus Large Business Interruption Loan Scheme (CLBILS), and Coronavirus Business Interruption Loan … Continued
By jesse_orange
No4: Choices There are many different types of finance that work in a variety of different ways and that will have different roles depending on the stage of development of your business: Start When you have just opened the door and are getting yourself established. Cashflow is going to be key as you … Continued
Reparo Finance recently commissioned independent research on SMEs’ attitudes to and understanding of business borrowing. The results were astounding. In particular, Reparo found that almost half of all businesses that have taken out a loan did not fully understand the level of personal risk they were accepting. Nearly half of SMEs that recently took out … Continued
By jesse_orange
No 3. Credit Checklist If you are looking for the right finance for your business and your particular objectives, it is important to be prepared and to think like a funder. Knowing what a lender is going to be looking for and the sort of questions that will be asked will not only help the … Continued
At Newable, we understand that every business is different. That’s why we have a range of financial products and services to help businesses meet their needs. Newable Finance, our in-house brokerage, works with an extensive panel of lenders to deliver brokered finance solutions to improve cash flow, spread the cost of expensive equipment and fund … Continued
The team is headed up by Kate Griffiths; who has worked as a Mortgage and Protection adviser for the past 6 years and have been in the finance sector for over 11 years. We have asked Kate Griffiths a few questions about her role in the team and how she hopes to help clients by … Continued
What is the Domestic Reverse VAT Charge? UK suppliers have been accounting for their own VAT for several decades. Many SMEs use VAT payments from customers as a source of working capital before sending the funds to HMRC. However, that’s changed. VAT cash no longer flows between VAT registered businesses involved in the construction industry. … Continued
By jesse_orange
No 2 – Cash Flow Mastery There is an old maxim that cash is king and much of our confidence to plan and lead our businesses forward comes from knowing that cash is going to be there when it is supposed to be. Late payment is never going to go away regardless of any prompt … Continued
By jesse_orange
#FinanceConfident Now is the time for planning to become action as we enter the next phase of the economy. This series of five guides is aimed at helping business owners and decision-makers to be finance confident as they navigate a changing and uncertain environment. These will guide you through 5 important aspects of business … Continued