Category: Borrowing
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Bank finance
Whether you are starting or expanding a business, you may need to seek financial help from an external source. Banks offer short- and long-term debt finance via loans and overdrafts as well as other types of finance. These are available by application to any high street bank, usually involving a quick decision process. This guide…
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Acquire assets and borrow money tax efficiently
Most businesses will need to borrow money at some point, whether when starting up, funding growth or purchasing equipment. It is possible to cut the cost of borrowing by doing it in a way that reduces your overall tax bill. Tax relief on borrowings is not sufficiently exploited by some businesses. Tax relief may offset…
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Financing from friends and family
It’s common for owners of small and start-up businesses to look to relatives and friends for support when starting the business of when they need additional business funding. This can work well, but often these arrangements are informal and based purely on trust and verbal assurances. However any confusion about the agreement could damage personal relationships, so…
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Raise long-term funding through debt capital markets
Most businesses fund expansion by reinvesting their existing profits, or securing bank or equity finance. However, an alternative option for medium and large businesses in need of long-term finance is to raise money through bond markets. By making use of bond markets – also known as debt capital markets – it may be possible for your business…
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Non-bank finance
If you are starting, expanding or restructuring a business, you may need to secure finance. People in business commonly approach banks for financing, but they are not the only option. Other lenders may be more competitive or more suitable for your business, such as: We collectively refer to these as non-bank finance. If your business has…