Securing funds for a business is quite challenging. Most of the time, lenders fail to entertain your application because of a bad credit history. Business loans follow stricter criteria in relation to personal loans. Whether you want to purchase an asset or you want to bridge the gap in working capital, a business loan can …
Continue reading “What Are the Main Benefits of Using a Guarantor for A Business Loan?”
It is not unusual to see business credit come into the picture while operating a business. Starting from its inception, the requirement for funds remains constant for any business. For growth and expansion, finances are the major fuel, and keeping up with consistency is a challenge. Many times, the business owner uses personal credit to …
Continue reading “How Personal Credit is Different from Business Credit?”
The proportion of trading businesses reports a drop from 26% in January 2024 to 22% in February 2024. Meanwhile, 55% of businesses reported static business turnover during the period. 18% of companies believe low customer demand is the prime reason behind business slowdown. Other reasons like rising energy costs and costly manufacturing materials also impact …
Continue reading “5 Funding Options to Grow Your Small Business in the UK”
A business owner startup or an established one wishes to achieve momentum and grow rapidly. It may have goals like- international business expansion, launching a new product range, or expanding services. To achieve any of these dreams, a business requires a sound backing of capital and assets. If yours is a startup without many assets …
Continue reading “How does a guarantor help qualify and manage business loans easily?”
