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30

May

How business expansion finance may help your company

posted by: Gary

In its forecasts for the challenges facing the economy in the next couple of years, the British Chambers of Commerce (BCC) published figures on the 18th of March 2019 to suggest that overall economic growth is likely to a sluggish 1.2% this year, 1.3% in 2020 and 1.4% in 2021. Although this same year is also likely to see a reduction of 1.0% in business investment, it is expected to increase ...

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online-business

29

Apr

What are merchant loans?

posted by: Gary

You might view your card machine as a simple way of facilitating payments by your customers for the goods and services they buy from you. But did you know that your debit and credit card machine may also be a handy source of additional business funding – through merchant loans? What is a merchant loan? Merchant loans are short-term business loans on which security ...

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loans-credit-checks

21

Apr

Types of business finance

posted by: Gary

In its report on Small Business Finance Markets for the year ending 2018, the British Business Bank noted that only 1.7% of small and medium-sized businesses had approached a bank for a loan (the lowest number in 8 years). Even among those businesses that had applied to banks for such a loan, only 43% had any confidence that their application was likely to succeed. With local banks therefore ...

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20

Mar

Online business loans – an alternative to bank finance

posted by: Gary

Businesses often need to borrow funds to grow, realign or simply maintain the level of working capital they need. First, the bad news But traditional lenders seem steadily less forthcoming with those loans to businesses. Unfortunately, therefore, in its report for 2017/2018, the British Business Bank found that 70% of small enterprises chose to sacrifice expansion rather than seek a business loan and only 43% of them ...

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16

Mar

What is flexible business finance?

posted by: Gary

Have you ever struggled with the seeming inflexibility of any business loan your bank may have offered you? It might prove a long-winded process, involving all the checks mentioned in the Entrepreneur Handbook. A fairly rigid atmosphere is created from the get-go, when you are summoned to an appointment with the bank manager to explain just why you need the loan and what business ...

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27

Feb

A quick guide to short term business loans

posted by: Gary

A short term business loan can be typically simple and straight forward to arrange and because it is repaid more quickly than a traditional, longer term loan, may be especially attractive to small and medium sized companies. This brief guide to short term business loans explains the appeal of this type of borrowing and the steps typically involved in arranging such business finance. How ...

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05

Feb

Turned down by your high street bank?

posted by: Gary

Has your company recently been turned down by your high street bank for business finance? It is probably not alone but joins the queue of other businesses similarly looking for necessary funding. Borrowing from your high street bank In February of 2018, the British Business Bank reported that only 1.7% of smaller businesses were applying for business loans – principally because fewer than half of them ...

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funding-a-business

30

Jan

What is the difference between P2P and balance sheet lending?

posted by: Gary

Short-term business finance is what keeps many companies afloat. It enables the business to rise to challenges and opportunities which come its way, provides funding for company expansion and a myriad of essential projects which enhance the performance and success of the enterprise. Two of the major sources of such short-term business finance are balance sheet lending and P2P lending. In that both ...

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05

Jan

Beginners guide to business loans

posted by: Gary

Throughout the course of normal trading operations, practically any company needs to call on additional external funding. The extra finance may be required for any number of reasons, including for example: The need for business finance boosting your company’s working capital or resolving temporary cashflow problems; launching a new project range, with the marketing campaign to go with it; seizing a new business ...

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new-business

31

Dec

Short term business finance

posted by: Gary

Why choose short term business finance over a traditional, longer term business loan? The most obvious answer, of course, is that the shorter the repayment term, the less you need to pay in interest. A smaller monthly instalment to repay any loan might appear to be more easily managed in your day to day cashflow projections, but considerable interest is likely to accumulate as ...

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business-lending

15

Nov

20 offline marketing ideas to consider

posted by: Gary

In this age of the internet, it may be easy to overlook the importance of local, offline marketing. As Business Matters magazine reminded us on the 3rd of February 2018, however, not everyone has access to the internet and even those who do have particularly local concerns and interests that no website can adequately address. So, here are 20 offline marketing ideas to consider: Business cards ...

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new-business

06

Nov

Business development trends to look at for 2019

posted by: Gary

Developing and growing your business is something that requires close and constant attention – no business in the modern world can afford to stand still. One of the major driving forces behind business development and growth today is digital technology and the connectivity of all your operating systems. Harnessing the considerable power of those digital trends requires an understanding of the direction in which ...

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loans-credit-checks

06

Oct

Brief guide to business loans

posted by: Gary

Like many another company, there are probably times when you need a business loan – to make up a temporary shortfall in your working capital or cashflow, launch a new project, re-equip your premises, or expand the business, to give just a few examples. Here is a brief guide to the business loans you might be considering: Bank loans traditionally, the stalwart provider of ...

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28

Sep

What are business loans?

posted by: Gary

Here we’ll clarify some of the terminology used in business loan discussions. These represent some of the questions Cubefunder’s customers have asked over time. Business loans This term is used to describe any form of lending that’s made to a company which is a defined and registered legal entity – such as a Limited Company (LTD) or Public Limited Company (PLC). ...

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online-business-loans

04

Sep

Online business loans for ecommerce businesses

posted by: Gary

Over the past decade, ecommerce has flourished. In the UK today, some sources cite the total value of ecommerce business in the UK to be in the region of £94billion. That’s starting to climb towards 20% of all UK retail spending. However, gaining access to that marketplace can sometimes be inhibited by a lack of funding. Why funding matters Here at Cubefunder we ...

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04

Aug

Short-term business finance

posted by: Gary

As a successful business owner, CEO or CFO, you need to have a number of tools at your disposal if you are to manage your business towards success. One of those that’s potentially very useful is the short-term business loan. Why these might be required Relatively few businesses might be in the fortunate position of being categorised as being “cash rich”. For ...

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30

Jul

Benefits of a 6-month business loan

posted by: Gary

There are some very good reasons why you may wish to consider a 6-month business loan as opposed to one which runs over a longer term of say 12 to 18 months etc. Here we will look at some of the fundamental issues associated with your decision as to which term to select. Shorter-term equals a faster repayment This may appear to be a case of ...

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merchant-alternative-transaction

22

Jul

Short-term business loans

posted by: Gary

In what follows, we’ll be taking a quick look at short-term business loans and how they operate. The basics The “term” of a loan is simply the period over which the funds will be advanced and repaid. Typically the term starts at the time the funds are advanced, and it concludes when the final repayment is made in line with the agreed ...

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11

Jul

Guide to business loans

posted by: Gary

Business loans are sometimes essential when you are trying to advance and grow your enterprise. Even huge multinationals sometimes need to “go to the market” to secure funding for one purpose or another. A single blog of this nature cannot give an in-depth guide to every issue connected with business loans. It can, though, pick out a few essential generalities that are worth ...

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05

Jul

What are online business loans?

posted by: Gary

Finance is the lifeblood of business. That’s an often-expressed sentiment but what does it actually mean and how does it relate to online business loans? The mythology of business loans Once upon a time, a business going to the market for a loan was often considered to be an indication that it was entering stormy waters. Of course, that can be the case ...

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25

Jun

Why short term loans from Cubefunder?

posted by: Gary

If you have ever approached your bank for an unsecured business loan, you might well have been asked to provide a detailed business plan, the business case for the use of the funds, and extensive cashflow projections in support of your application. By way of compensation, you might be offered what appears to be the luxury of several years in which to repay any ...

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amazon-sellers

22

Jun

Business banks – the challengers

posted by: Gary

Ten years have passed since the financial crisis of 2008 and in that time traditional patterns of British banking have undergone a sea change. Although the changes have been seen across the whole banking community, the latest challengers to established institutions are poised to revolutionise business banking. Since newcomers are appearing on the scene all the time, the picture is subject to still further change, ...

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new-business

18

Jun

How do small business loans work?

posted by: Gary

Small is a relative concept, of course, and may depend on the size of your company and the reasons for your looking to borrow funds. But let’s consider some of the principles of small business loans and see how they work. Long-term business loans There may be times when your company needs to borrow a substantial amount of money – if the takeover ...

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loans-credit-checks

14

Jun

Unsecured business loans vs. secured business loans

posted by: Gary

Unsecured business loans allow you to raise funding for your enterprise without the risks associated with secured loans. Therefore, it might be helpful to review the essential differences between these two sorts of borrowing. Secured business loans A secured loan is just that – one that is tied to and backed up by your pledge of a significant asset or assets as security to ...

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alternative-merchant

30

May

Disadvantages of merchant account loans

posted by: Gary

In the past decade or so, the high street bank which once provided the most obvious source for a business cash advance has generally become more reluctant to provide those funds – especially since the financial crash of 2008. In its place, a number of alternative sources of funding have been developed, including what are known as merchant account loans. Merchant account loans Merchant account ...

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business-lending

25

May

Getting a business loan

posted by: Gary

Getting a business loan was traditionally a simple question of approaching your local bank manager for the necessary funds. The financial crisis of 2008 not only exposed some of the flaws in the banking system but also made banks considerably more wary of lending to small and medium-sized businesses (SMEs). That wariness continues some ten years later. A story in the Financial Times on the 30...

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10

Apr

Types of Business Loans

posted by: Gary

At least a half of all small to medium sized enterprises (SMEs), says the British Business Bank, seek some form of external funding. As the Institute of Chartered Accountants in England and Wales (ICAEW) explains in its Business Finance Guide, that external funding may take the form of equity finance or debt finance. The term debt finance takes its name from the fact that ...

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merchant-alternative-transaction

05

Apr

Why Cubefunder for business finance?

posted by: Gary

How do I find a simple and straightforward way of raising business finance? There are various ways in which businesses raise the finance necessary for a whole range of objectives and activities – including an expansion of the enterprise, marketing campaigns, investment in new plant and machinery, the acquisition of new premises, access to additional working capital, or the management of temporary shortfalls in ...

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30

Mar

Online tradesmen finance options

posted by: Gary

If you are a tradesman with a limited company, the success and financial viability of your business is the very key to your livelihood – you depend on your business. Here at Cubefunder, we recognise that core value you have as an independent tradesman – and it is the principle that informs many of our decisions on your creditworthiness as a borrower. After all, ...

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business-tax-loans

21

Mar

Brief guide to business loans

posted by: Gary

According to a briefing paper presented to Parliament on the 28th of December 2017, there are 5.7 million businesses in the UK, 99% of which are small and medium-sized businesses (SMEs). Any time one of those businesses wants to seize new market opportunities, expand the enterprise, refit or restock, fix a temporary cashflow problem, or fund essential new orders, it may turn to a business loan. How ...

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using-business-loan

05

Jan

Using Your Business Loan

posted by: ryosei kurihara

So you’ve got yourself a business loan, but how do you put it to use? The purpose of your loan, ultimately, is to enable your business to grow and succeed and for revenue to be generated. It is vital, then, that you implement you loan in the right places to maximise growth and success. But how do you do this? When planning how ...

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business-funding

08

Sep

The Changing Face of Business Finance

posted by: ryosei kurihara

Most small business only need a small amount of cash, often up to around £20,000 to help them fund stock or bridge the gap while they are waiting for invoices to be paid. By the very nature of a short-term cash requirement, the need for the funds for the business needs to be fulfilled quickly. Sometimes this is achieved by the business applying for ...

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business-finding

25

Aug

Options for Business Funding

posted by: ryosei kurihara

Many businesses will go to their bank as a first port of call to obtain a business loan. The problem today is that the mainstream high street banks are slow to respond, have complicated and unfathomable rules, and tend to require excessive paperwork, cashflow reports and forecasts and business plans that many small businesses simply do not have the time to put together in ...

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merchant-loan

25

Aug

What is a Merchant Loan?

posted by: ryosei kurihara

A Merchant Loan, commonly referred to as a Merchant Cash Advance, is a loan that takes its repayments by deducting them from a business’ card, or merchant revenue. This is done through the credit and debit card payment terminals of the business. These loans are used as one of the forms of business loans available on the UK market to businesses looking for that ...

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