Business Finance

Business finance of some kind is a necessity for many businesses, to provide working capital, purchase equipment, improve cashflow, expand operations, or establish new ventures.

The financial crisis of 2008 led to a tightening of traditional lending by banks and other institutions. Business finance became harder to access, particularly for younger businesses.

Fortunately, the post-financial crisis period has led to new innovations in business funding, including new lending institutions and Government-backed loans for startup businesses. New types of funding models and lending services outside of the traditional institutions have been established, often referred to as alternative finance.

The UK Government and European Union has got in on the act too, making funds available via programmes like the StartUp Loans Company.

Fin Tech and Online Finance

Online alternative finance falls under the umbrella term “fin tech”. Our recommended providers include a variety of recognised fin tech funding solutions covering all types of business finance, including:

• Startup funding.
• Business loans.
• Asset finance.
• Invoice factoring.
• Motor vehicle finance.
• Commercial property mortgages.
• Bridging loans.

Startup Business Loans

Finding funding for a new business can be particularly challenging. Without a track record, a new startup will often fail to satisfy the requirements of a bank or other traditional financial institution, and borrowing money from family or friends is fraught with personal relationship risks.

Fortunately, there are a selection of very good seed funding options for startup businesses in the UK, and our recommended services include some specifically designed to provide newly established startup businesses with funding.