Posts Tagged ‘short term business loan’

Cashflow Problems? A Short Term Business Loan May be the Answer

Posted on: January 17th, 2017 by blsuser1 No Comments Tags: , , , , , ,
Posted in Business Finance Tips

For many businesses, certain times of the year can be a struggle when it comes to juggling cashflow; you may be a seasonal business, you have a growing list of overdue invoices and to cap it all you may be faced with your quarterly VAT bill or personal and business tax.

What can you do?

Whilst chasing overdue payments is a given it’s easier said than when your customers may be facing exactly the same cashflow crunch that you are.

One little know option is to look at a short term loan.

Short term loans are ideal way of quickly replenishing cash to cover outstanding creditors, Corporation Tax, VAT, PAYE or NI arrears. They can also be used to supplement your working capital requirement to allow you to purchase stock upfront with cash, thereby potentially allowing you to negotiate better terms.

Short term loans can be granted very quickly with a minimal amount of information. Decisions are based on the quality of your credit file, the operation of your bank account and past financial performance.

If your application is approved then funds can typically be released within 24 hours, sometimes the same day. Short term loans are for periods from one month upwards with flexible repayment terms and can either be repaid daily or monthly.

The speed of decision and access to funds does come at a cost in terms of a higher interest rate and fees than you may be used to but these can be offset against the speed of decision and swift access to the funds.
If you’re in need of cash boost and want to know more then get in touch and we can chat through your options.

Can I Still Get Business Finance?

Posted on: July 4th, 2016 by blsuser1 No Comments Tags: , , , , , , ,
Posted in Business Finance Tips

I hope you found the latest editions of the Business Finance Bulletin ‘Brexit Special’ of interest, particularly the five steps you can take to future-proof your business.

In case you missed it you can view it again here:

‘Business Finance Bulletin: The Brexit Special’

One question I was asked last week was whether banks and other lenders are still lending and the answer is simple… yes.

The events of the last two weeks are not a re-run of 2008 and so whilst business investment plans may be under review (as I discussed in the Bulletin), finance is still very much available.

If you have an idea and the only piece of the jigsaw puzzle that’s missing is finance, your options include:

• Commercial mortgages for property purchase
• Short term loans to boost cashflow
• Asset finance to purchase vehicles, plant or equipment
• Crowdfunding for loans up to five years
• … and other finance facilities

Accessing finance is down to planning. That means searching the right finance option for you in good time, preparing a proposal document or Business Plan and ensuring that your financial information is up to date.

Do all this and you’re well placed to get the finance you need.

Of course, if you want to chat through the options available to you, the BLS team will be more than happy to speak to you, just drop us a line or give us a call.

Business Finance Bulletin Epsd 63: Small Business Finance, Development Finance, Short Term Loans & Invoice Discounting

Posted on: February 27th, 2015 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

In the latest Business Finance Bulletin Rob Warlow discusses findings from the latest SME Finance Monitor report on small businesses appetite to borrow. Is it as strong as we think?

One industry sector that does struggle to raise finance is the UK house building trade. Rob shares news of a new fund Santander is putting together to help house builders who need development finance.

During the financial crisis short term business loans have become popular and Rob looks at the news of the takeover by EzBob of Everline. With both companies having lent a combined £54 million the short term business loan industry is set to grow further.

Following a workshop held by Aldermore Bank on Invoice Discounting Rob had a chance to catch up with Richard Whitehouse, Regional Sales Director to hear more about how invoice discounting can help unlock cash to fuel growth.

If you prefer to listen to this edition as a podcast click below or to download it to your phone click the download button.

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What Our Clients Say

  • Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!

    Kay Hyde | Hyde & Hyde Architects
  • I wanted to thank you for such an insightful, energetic, and entertaining talk at the Kevin Green Wealth event on securing funding and creating a successful plan. It was brilliantly executed and a pleasure to listen to and the ideas I’ve learned are definitely going to help me in going forward.

    Max Cooper of Manchester
  • Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.

    Shayne Yates | Welsh Government Regional Centre Service Mid Wales
  • Rob kindly agreed to attend the recent Pontypridd RFC sponsors networking evening and delivered what can only be described as an excellent talk on 5 Tactics to Boost Your Business and Your Profits. He kept the audience engaged throughout and the feedback from everyone was excellent. Rob is very knowledgeable on business and finance and on top of that is a genuine nice guy. We hope to have him back at a future event and I have no hesitation in recommending Rob’s services.

    Angela Holloman-Coombes | Connective HR
  • Hi Rob, it was so interesting and entertaining listening to you at the Kevin Green Wealth Coach Workshop in Reading this weekend! I didnt realise you can find Finance proposals such fun!. Brilliant tips! Thanks.

    Gaz Jabeen | Bollywood Burn Out

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