Online price comparison emerged in the UK in the early noughties and quickly became big business. There are around a dozen dominant comparison websites, with a handful owning significant market share, including Money Supermarket, GoCompare and Compare The Market – consisting of well-known brands and always present on TV and radio advertising. Customers can visit […]
Loans
How does bridging finance work for businesses?
Bridging Finance is a relatively new form of financing in which you can “bridge” the gap between borrowing money and paying off the loan. For business-specific loans, a bridging loan can be a great option to cease an opportunity or grow a business during an interesting time. The loan will always be secured against a […]
Meet Pheabs – a Finance Connection Service
Pheabs.com is an online connection service for customers looking for loans across the USA. Using credit scoring and data analysis, Pheabs matches individuals with a reputable lender who most likely to accept their application and offer the best rates too – across financial products including personal loans, auto loans, credit cards and credit unions. The […]
4 Important Tips to Get Approved for a Business Loan
Applying for any loan is stressful, but when you need a loan for your small business, there are even more hoops to jump through. Here are a few tips that can boost your chances of getting your loan application approved: CLEAN UP YOUR CREDIT BEFORE YOU APPLY. If you discover an error on your credit […]
An economics lesson for growing companies
Catching up from past insights Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. In this insight, we need to speak of the sources […]
The Smart Way to Manage Business Debt
Much of how I feel about when and where to borrow I learned working with my Dad in his small business as a young man. My views are pretty conservative when you consider that popular media would have us all believe that money is the answer to every small business challenge. I just don’t believe […]
When is the Right Time to Choose a Personal Loan?
Is there a ‘right time’ for applying for a personal loan? Perhaps it’s easier to think about when it’s the wrong time to take out a loan. You don’t have to wait until your situation becomes desperate – careful planning for a loan could be a very wise thing for you to do. Here are […]
The Basics: All You Need To Know About Running a Small Business
Owning a small business is one of the most rewarding and challenging things you can do. You’re responsible for your success and get to focus on doing things your way. Though it’s ultimately up to you, there are a few things you’ll need to do to make sure your company can be as successful as […]
Diversify Your Startup Financing with These 6 Funding Options
Startup businesses are tricky. Some advice is to never stop searching for capital to grow your business. Some advice is to only secure the funding necessary to get a product out, then start another round of fund raising. There is no one right answer, and the options presented to entrepreneurs for business funding can be […]
7 Ways Your Small Business Can Thrive Without Venture Capital
As you read about one startup after another scoring a round of funding, you may have pondered what it means for you to say “enough with the bootstrapping.” The world may call it a bold dream. But in reality, is it achievable? Citing data from Small Business Administration in 2013, Forbes reported that there are […]
