You have started a business but you’re short of one very important thing… money. Having an extra source of capital can help your business in a number of ways: You could hire new staff, acquire a new office space, build a new product, go live with a marketing campaign, and of course much more. But where on earth do you get funding from? Finding the right place for this can be tricky. With this in mind, we have done some investigating to give you an idea of the most popular funding routes available to you and your business. Read on to find out more. Continue reading
James Crowther owns one of Europe’s 20 million SMEs. Utilising his background in finance and fleet management, James’ vehicle brokerage business, Trade Vehicles Direct, finds clients the best deals on cars by sourcing direct from suppliers. His negotiation skills and industry relationships are key to his success and have allowed him to grow fast in his niche. Unfortunately, he struggled to fund the rapid growth since the main banks struggled to analyse his model and fit his business in a convenient box.
More evidence that banking has gone bonkers
I recently was in Santander dealing face to face with some banking issues. This in itself was unusual as like so many people; these days, I rarely see the inside of a bank. Continue reading
In another situation, I am dealing with a bank’s legal team. Continue reading
It’s that time again. Every few weeks, something happens in my business life that makes me want to find a banker and hang him from the nearest tree. Continue reading
Well it shouldn’t be much of a surprise to anyone that the banks are being hauled over the coals again. This time it is for the mis-selling of Payment Protection Insurance (PPI) to millions of borrowers and credit card holders over a fairly lengthy period. Continue reading
I am writing this post as I watch a formidable clock tick down towards zero. I am watching it, because I’ve given up completing the form to which it relates. Continue reading