Businesses fail to grow because they don’t have the necessary funds. Learn more about funding for growth in these articles.
Now, four months into lockdown and sales for a number of businesses are still weak. What’s on the proactive owner/manager’s to do list? There are a number of big decisions to make. Here is a bit of a hit list with the objectives: Promoting your business – getting it rapidly back on the rails Preserving […]
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At some point, your business will probably need to consider raising money to take it on to the next stage – or even simply to survive. This article provides a quick overview as to what you should be thinking about and outlines some of your options. What are your choices? Historically, you had 2 choices […]
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Tectona managing director Mark Nicholls discusses when it might be worth considering Our clients regularly ask us for help and advice on the best source of finance for their business. So, to broaden our offering, we have partnered with specialist lender, Optimum Finance. Optimum Finance provides tailored invoice finance solutions and works with its clients […]
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What’s happening out there? We work with many business owners and talk to them about the availability of funding for their businesses – almost all tell us that if you are an SME it is still incredibly hard to access funding through the traditional channels (mainly banks). This has a lot to do with those […]
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My bank won’t give me a loan to expand my production. What should I do? The obvious – but wrong – answer is to look immediately for another bank that will lend. The danger is that your bank has made the correct decision on the information you gave it, and by simply reapplying elsewhere you […]
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With the chancellor’s announcement in the March 2014 budget that loan based crowdfunding investments can be included in ISAs, it’s clear that crowdfunding has well and truly become mainstream. According to a 2013 study commissioned by The World Bank, the scale of the crowdfunding market worldwide is expected to be as high as $96bn; that’s […]
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The United Kingdom has suffered 13 recessions since 1812. The Global Financial Crisis of the late 2000s saw the UK suffer its worst recession since the war. Revised GDP data published in December 2013 shows that the ‘double dip’ recession took place between Q4 2011 and Q2 2012. The catalyst for which was the European […]
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There has been much publicity in recent months over an ‘SME lending crisis’. The Breedon Report, published in March 2012 predicted a gap between supply and demand of up to £190bn by 2017. Britain’s banks have been accused of ‘ruining the country’ as a result of the lack of lending. This has resulted in many […]
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