One of the biggest decisions a business has to make when seeking finance is whether to choose a secured or unsecured loan. In simple terms, a secured loan is taken out against agreed collateral, with the lender holding a legal charge or debenture on a specific asset. Should the loan not be repaid, the lender […]
Carl Faulds
6 Ways Alternate Lending is Quicker Than a Bank Loan
What’s the difference between a bank and an alternative lender? One of the most significant is the different requirements banks place on small businesses before offering business finance. Here are just six of the things your bank is likely to require, whereas an alternative lender won’t: 1. A detailed business plan. Most banks will want […]
How to Improve Cash Flow for Business
Cash is the lifeblood of a business, and without it a business dies. With this in mind, the all-important question therefore has to be, “How can I improve cash flow for my business?”
