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
-> Continue reading Be Prepared – Your Bank Could Renegotiate
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
-> Continue reading Computer Says No! AKA – How Does Credit Scoring Work?
Many of us have heard about ‘Crowd Funding’ or ‘Peer to Peer’ lending, but what are these really about, how do they work and are they the genuine article? The basics are that these sites put the depositor and lender together. Historically the depositor has put his (or hers) cash into the bank, who then
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We have all heard the saying that ‘No news is good news’ but that is rarely the case when running a business. In the present economic times your employees will be aware of pressures on your business, they will know of friends who have been made redundant and of companies that have failed, so don’t
-> Continue reading No News is Not Always Good News
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
-> Continue reading Successfully Raised Finance, It Can Be Done!!