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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Almost A Third Of SMEs Provided A...

A significant number of SMEs require business finance to help support the business in some way. Whether it be a business loan to help fund the purchase of premises or an overdraft facility for working capital purposes perhaps to be used to purchase additional stock leading up to Christmas. On occasions, the bank or other […]

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Minimal Drop In Gross Bridging Lending In...

According to the latest Bridging Trends infographic produced covering the third quarter of 2019 there has been a small reduction in the amount of gross bridging lending here in the UK. In Q3 the figure was £181.64 million whereas in the previous quarter it was £184.82 million. This is a drop of £3.18 million. The […]

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Positivity Amongst Commercial Mortgage Brokers

Shawbrook Bank’s Broker Barometer has revealed a lot of positivity amongst commercial mortgage brokers here in the UK about 2020. It could be argued that this sort of news bodes well for businesses seeking finance whether it is by way of a commercial mortgage or some other form of funding such as a business loan. […]

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On-Premise & Cloud-Based Contact Centre Solutions: the...

If you’re on the hunt for the best contact centre solution for your company, you’ll need to do a cost-benefit analysis of the options. To help you with that, we’re going to weigh up the costs associated with both on-premise and cloud-based solutions. Installation Costs When it comes to installing an on-premise solution, it can be […]

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Business Finance Review – Highlights

UK Finance has produced a Business Finance Review covering the first quarter of 2019 that makes for interesting reading. You can read the full document on their website but we thought you may find some of the highlights of interest which we mention below. There are in the region of 4.5 million small and medium […]

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What Is A Retirement Interest Only Mortgage?

A retirement interest only mortgage is available for older people and enables you to continue to live in your home and only pay the interest each month rather than also repay the capital thus keeping your repayments at an affordable level. Many interest only mortgage borrowers have experienced financial constraints in recent years resulting in […]

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Interesting Residential Mortgage Lending Statistics For Q2...

The Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA) have jointly published some interesting figures relating to the residential mortgage market here in the UK for the second quarter of 2019. These figures have been collated from data provided by about 340 regulated mortgage lenders and administrators. All the data can be found […]

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Should You Repay A Business Loan Early?

When you take on a business loan to support your business in some way whether the monies are to be used for say property purchase or buying machinery you will agree a repayment term with the lender usually over a number of years. It is quite likely that the loan will run its full term […]

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Business Finance Council Launched

Readers will be interested to hear that it has recently been announced that the British Finance Council has been launched to assist SMEs obtain funding. This is potentially good news for this important sector of businesses. The British Finance Council will include senior members of the major banks here in the UK plus it will […]

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Time Taken To Complete On Bridging Loan...

United Trust Bank has revealed the results of a Broker Sentiment Poll of in excess of 100 commercial brokers relating to certain aspects of bridging loans that makes for interesting reading. Below we highlight some of the findings. The number one priority of 44% of brokers for their customers is the time taken to process […]

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