by Gary Dickinson | Feb 27, 2024 | Uncategorized
If you offer credit to your customers, should you look at, and monitor, their company credit file? We think so. Here are 5 reasons why: 1. Risk Assessment: By regularly monitoring your client’s company credit file, you can assess their financial health and...
by Gary Dickinson | Feb 22, 2024 | Uncategorized
Most of us keep an eye on our personal credit file and credit score but how many business owners know what is on their company credit file and why should you check, and monitor, yours? As with a personal credit file, a company credit file provides information about a...
by Gary Dickinson | Feb 8, 2024 | Merchant Cash Advance
A Merchant Cash Advance (MCA) is a form of financing where a business receives a lump sum payment but rather than repayment being a regular weekly or monthly amount, the lender takes a percentage of future credit or debit card sales. Here is how a Merchant Cash...
by Gary Dickinson | Feb 7, 2024 | VAT Loan
As you would expect, a VAT loan is a business loan which is used to pay your quarterly VAT bill. But, how does it work in practice? When a business is registered with HMRC for VAT they know that they will have to charge VAT to their customers. This then needs to be...
by JonB | Jan 19, 2024 | Merchant Cash Advance, Uncategorized
A Merchant Cash Advance (MCA) is an unsecured loan based on the card income, rather than the turnover, of a business. A MCA is an advance of future card income which, unlike a bank loan, does not have a set repayment term, interest rate, administration rate or...
by JonB | Jan 19, 2024 | Uncategorized
Invoice Finance is a finance solution which enables businesses, who sell products and services to other businesses, to unlock the value of their invoices. With many companies extending their payment terms to 30, 60, 90 or, in some cases, 120 days, businesses are...
Recent Comments