Controversial new legislation, currently being discussed by MPs, could cripple UK businesses - especially SMEs - which will see VAT being demanded upfront on imported goods from the EU after Brexit.
In a moment of madness last year I applied for the London marathon ballot.
Well, imagine my amazement, and sheer terror, when I was accepted!
So now, training is well underway and it’s horrible…
... yet, according to recent research, by Liberis, it has been identified that over half of SMEs are unable to gain the right funding for their needs.
In honour of #WorldPoetryDay, on 21st March, check out our acrostic poem about our Director, Carole's marathon training.
Seven out of ten SME businesses are choosing not to finance through a bank, it has been reported by the British Business Bank - the biggest reasons being the fear of being declined.
Late Payment Clients Not a Problem with Invoice Finance
Without doubt the banking world is changing. Whilst a Bank will usually be the first port of call for a business setting up, gone are the days when an overdraft went hand in hand with the opening of an account.
In most cases collateral or personal guarantees will be required and unless you have a solid relationship with a Manager, Banks can be sometimes be considered unfriendly and unhelpful. Yet don’t think they are your only option...