Is There A Benefit In A Lower...

If your business is seeking finance over the medium to long term perhaps to purchase new premises then is their any advantage in contributing more of the business’s funds to the purchase resulting in a lower level of borrowing being requested? In short, the answer may be ‘yes”. When you approach your bank or other […]

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The Benefits Of Using A Broker To...

So many business owners look no further than their existing bank to apply for a business loan. Is this the best thing to do? Well, how do you know if your bank is actually offering you a competitive lending package? If you don’t shop around then surely you don’t know. If you were to have […]

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What Is The Timescale To Arrange A...

If you need a business loan to help fund the expansion of your business then it is quite possible that you will want to lay your hands on the money fairly quickly. So, how long does it take to complete on such borrowing? Well, it could take 2 or 3 days but it could also […]

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Unsecured Household Debt At Record High

According to research published by the TUC, the level of unsecured debt per household here in the UK in the third quarter of 2018 reached a record high of £15,385. That figure may surprise a lot of people and does give cause for concern. That figure has grown by £886 in the space of only […]

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When To Apply For A Personal Loan...

If you are a business owner and require finance for the business then you will no doubt be aware that there are many forms of finance available depending upon what you require the funds for such as the likes of a business loan or a commercial mortgage. Such funding is available from a variety of […]

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January Sees Rise In Number Of First...

According to data produced by UK Finance, there was an increase in the number of newly completed first time buyer mortgages in January 2019. In the first month of this year the number of such mortgages completed was 25,100 with this being a rise of 4.6% when compared with the same month in 2018. This […]

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Will Bridging Finance Rise In 2019?

We have previously written about the fact that in 2018 the amount lent by way of bridging finance rose in comparison to the previous year but what are the prospects of a similar thing happening this year? Well, nobody has a crystal ball and it has to be said that it is something that is […]

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How Can Your Home Help You Raise...

Whether you are setting up a new business or have one that has been trading for many years it may require some form of financial support. Perhaps, this is to assist in the purchase of new premises or to help fund the purchase of an expensive piece of equipment that you wish to invest in […]

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Demand For Finance By Small Businesses Falls...

In the last few days, the British Business Bank’s 2019 Small Business Finance Markets report has been published which makes for interesting reading. It reveals that the demand for external finance from small businesses here in the UK has dropped when comparing 2018 with 2012. In 2018, 36% of small businesses used such finance whereas […]

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Gross Mortgage Lending Increases in 2018

According to data published by the Building Societies Association (BSA), 2018 was a good year for residential mortgage lending here in the UK. This news will no doubt be welcomed by both the building societies and their customers and let us hope that it continues in 2019. In 2018, the amount of gross lending amounted […]

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Is A Business Credit Card Right For...

There are a number of ways in which a business can borrow money on a short-term basis such as by way of factoring, invoice discounting and an overdraft facility but there is also the option of using a business credit card. There are so many different providers of business credit cards so you may wish […]

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