Finance Guidance Portal, Iwoca Business Loans and Asset Finance Usage – BFB 219
When searching for finance many business owners don’t know where to start looking. To help bridge the information gap the British Business Bank has launched a finance knowledge website. We open our Bulletin by looking at how the portal can help guide business owners to the right source of finance.
Iwoca has been known as a short-term loan provider but they have now announced a new 5 year loan product designed to provide medium term finance to growing businesses. Could you make use of a cash injection?
In recent Bulletins we have mentioned that the first few months of this year saw a decline in the use of Asset Finance. To close this episode, we review the latest statistics from the Finance and Leasing Association which reveal an increase in Asset Finance deals to purchase business machinery, equipment and vehicles.
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