Is funding part of your 2021-22 growth strategy?
A new Funding Bay survey has revealed that almost 20,000 UK businesses think extra funding will be integral to their growth over the next 12 months. Recently, we surveyed around 200,000 UK SMEs, asking them how they planned to grow their businesses over the next 12 months. Of those surveyed, 9%, approximately 18,000 businesses – […]
Using Finance to Survive the Supply Chain Crisis
Brexit and COVID-19 have joined together to create the biggest supply chain crisis in nearly 40 years. Many businesses will need financing options to make it out the other side. Even the direst predictions of Brexit never considered the impact of a pandemic. With COVID-19 and Brexit combining in an unholy alliance, Britain is facing […]
What are some of the drawbacks to hire purchase?
If you’re considering entering into a hire purchase arrangement, there are some things you need to consider first. It’s a secured loan The asset you are initially hiring, then intending to purchase, is used as security for the loan. This means that the lender can repossess the asset should you fail to maintain repayments, and […]
Funding for UK start-ups skyrockets in 2021
Research suggests that as much as £13.7 billion in funding was secured for UK start-ups in the first half of 2021 – almost double the £6.9 billion raised in the second half of 2020. Moreover, these figures represent a huge spike in funding over the last five years. In 2018, start-ups raised just £7 billion […]
6 Benefits of sale and leaseback
Sale and leaseback is a popular option for companies seeking to raise funds, so why might you want to do this? Release cash quickly Hopefully, you will be able to sell the asset swiftly, providing you with a significant sum. Unless you urgently need to dispose of the asset, you may also be able to wait for […]
