accessfunds assists businesses in finding the right financial solutions – fast. We see a wide range of applicants from all kinds of industries looking for anything from a quick cash injection, a property development fund, or even long-term restructuring finance. No two cases are the same, and the choice of products and lenders can make…
Sometimes the sum of the parts can be greater. In a recent survey of small businesses, a threat to financial health exacerbated by the impacts from the pandemic was the continued burden that short-term expensive credit has on cash flows. That in turn is prohibiting businesses from scaling up quickly. Consolidating existing creditors into one…
Ministers are set to crack down on company directors seeking to dissolve their businesses to avoid repaying creditors in a bid to prevent the loophole being exploited to write off government-backed emergency COVID loans. The Insolvency Service will be given increased powers to investigate and sanction directors found to have abused the process. The measures…
Whether you are a professional developer or have the ambition to generate a small portfolio of properties, here are a few tips that can assist in raising some capital. Things to consider: Loan to Value: Our lenders and bridging financiers do expect you to have some skin in the game, typically representing between 25% (property)…
Post Pandemic or not – these are basic fundamentals of being well organised. Ensure Customers Pay – Encouraging your customers to pay in a timely manner is no less important than selling them the goods or services in the first place. This is an important balance that must be struck. If, for example, you have…
Banks continue to restrict overdraft lending. Over the past years, the value of bank overdrafts to small businesses has fallen by 42%, down from £20.9 billion in April 2011. However, in this same period, overdraft lending to larger businesses rose by 25%. To us that sounds like the guys who don’t need the overdrafts are…
Many people have turned to property investment as a means to get their money to ‘work for them’. Or even better still – somebody else’s money (investor/lender etc)! TV shows about buying fixer-uppers at auction and flipping them to make money fast have empowered folks to dip their toe into the world of property development.…