Alternative business loans are fast becoming less of an alternative and forming a key supplier of good business finance. Peer to Peer lending, or crowdfunding as it is sometimes know is fast establishing itself as a key route to finance for small and medium sized businesses. In 2013 one supplier lent £120m to UK business.
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Acquisition International is the market leader in corporate finance and legal reporting. With over 53,000 subscribers they provide market comment and finance input to a broad corporate sector. Acquisition International approached Lime Consultancy about contributing toward their upcoming feature on bridging finance. Bridging finance is something we are increasingly involved with and are fast being
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Business borrowing is normally classified in terms of cost as a combination of the following; Interest rate Arrangement fee Legal costs Security costs Exit (or any other) fee Most borrowers will be driven to judge value based on the above, but what is your cost of business borrowing? Business Borrowing For now let us ignore
-> Continue reading What Is Your Cost of Business Borrowing?