How to get lending approved easier Play the man not the ball A sporting analogy that explains why businesses can struggle to raise finance and property developers can find it difficult to secure funding for their next project. What do I mean by play the man not the ball? It is about taking into account
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The Real Reason Banks Wont Lend To Business Anytime Soon The economy is growing, inflation under control, interest rates expected to stay static in 2014, a bit more feelgood in the country. The banks are saying the right things, funding initiatives everywhere. So, why are small businesses still finding it hard to get commercial finance?
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We have worked with a number of clients recently who had taken a commercial loan from their bank in the last few years. So What is The Risk, I Have Made All The Repayments? This is a common misconception, that if all the repayments have been made then there is nothing more to be
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Computer Says No, or What Is Credit Scoring? We often get asked this, or rather asked to explain how the decision made by the bank has been arrived at. Firstly, Credit Scoring is a statistically based system which judges each proposal on a set of criteria driven from past experience. It doesn’t judge you
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We often find clients asking us why they have been asked something by their bank, or being asked to provide something they have never been asked for previously. Here we try to shed a little light on things, and give you some insider information… Can I Have a Business Plan? Normally asked in conjunction with
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We are always looking for a different way to report what we do, in this case it may be apt to quote Phil Collins, this case was ‘Against All Odds’ but ‘…A Chance we Had To Take..’ which led the client to say ‘..So Take a Look at Me Now..’ If you can stand any
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