Category: Asset Finance
Let’s face it, having a less-than-stellar credit score can feel like climbing a mountain when you’re trying to grow your business. But don’t despair! While it might be tougher, securing a business loan with bad credit isn’t impossible. Understanding the Challenge Traditional lenders, like banks, often have strict credit score requirements. A low score can […]
Read MoreFor many small and medium-sized businesses (SMBs), a merchant cash advance (MCA) has become a lifeline. They offer a quick and flexible way to access capital, even for businesses that might not qualify for traditional loans. But what does the future hold for this dynamic industry? Let’s explore some emerging trends and predictions that will […]
Read MoreAsset finance explained Depending on your current circumstances and intended use for the loan, asset loans could represent an ideal option for you and/or your business. With no credit checks or proof of income required to qualify for an asset-based loan, it can be considerably quicker and easier to obtain the funds you require than […]
Read MoreFor businesses looking to grow, innovate, or overcome challenges, access to reliable financing is crucial. Asset finance is a powerful tool that allows businesses to use their tangible assets to secure funding. Understanding Asset Finance Asset finance, also known as asset-based lending, uses a company’s physical assets—like machinery, equipment, inventory, property, and accounts receivable—as collateral […]
Read MoreThe UK asset finance market is a thriving and has become a vital component of the nation’s economy. With an estimated value of approximately £70 billion, it encompasses a wide array of financed assets, including machinery, vehicles and equipment. This market boasts a high level of competitiveness, with numerous lenders operating within it. Banks, specialist […]
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