Latest news and helpful advice from our team.Â
đź’ˇ Growing Fast? It Might Be Time to Review Your Invoice Finance Deal
More Growth, More Invoices… Still the Same Old Finance Arrangement? If your business has grown in the last 12–18 months, you’re not alone. Many firms across the UK have seen turnover increase sharply – scaling teams, taking on new customers, and sending out more...
Founding members of The Guild of Business Finance Professionals
Tim & Toby are proud to be founding members of The Guild of Business Finance Professionals. The following is taken from a press release which recently appeared on Asset Finance Connect industry website: The Guild of Business Finance Professionals was officially...
Why should you use a business finance broker?
As a business owner, securing financing can be a challenge. That's where a business finance broker can help. A business finance broker is a professional who specialises in connecting businesses with lenders to secure the financing they need to achieve their goals....
What is the Super Deduction? Everything you need to know.
The following is intended as general information and does not constitute specific advice for your business. Before making a purchase you should speak to your accountant or tax adviser. What is the Super Deduction? The Super Deduction is a temporary measure which...
Use Invoice Finance to Grow Your Food/ Drink Business
From speaking to our contacts in the sector, we understand that food and drink businesses are some of the worst affected by slow payment, making cash-flow a constant headache. The excitement of winning a new supply contract can soon subside as you work out how you are...
What Is A Business Credit Score and How Can You Improve Yours?
The following is intended as general information and best practice and does not constitute specific advice for your business. What Is a Business Credit Score? Just as with personal credit there are a number of credit reference agencies such as Experian and Creditsafe...
First five lenders named under new RLS
Today the British Business Bank has named the first five lenders to be accredited under the Recovery Loan Scheme (RLS). The lenders announced are Bank of Scotland, Coventry & Warwickshire Reinvestment Trust, Lloyds Bank, NatWest and Royal Bank of Scotland. What do...
Recovery Loans – Damp Squib or Slow Burn?
Back at the start of March, Chancellor Rishi Sunak announced the long-term replacement of the Bounce Back and Coronavirus Business Interruption Loan Schemes – the Recovery Loan Scheme (RLS). The announcement sparked hope in many businesses who didn’t qualify for the...
Recovery Loans – Salvation or Starvation?
With BBLS and CBILS ending this month the British Business Bank announced a new scheme backed up with a Government Guarantee to offer all businesses support to trade out of the effects of lock down. The good news is that there are no turnover restrictions and up to...
Our 3 Takeaways from the Budget
Today’s budget featured important updates on a variety of subjects but three takeaways which stood out to us from a business finance perspective are: Recovery Loan Scheme With Bounce Back and CBILS coming to an end there will be a replacement scheme. Full details are...
The Importance of Considered Proposals
The main reason is to avoid wasting the client’s time, the funder’s time and our own. The client is not waiting on an answer which is a certain no, the funder does not have to sort through useless proposals, and we do not spend time sending applications where they...
Start Point Finance Lending Milestone
In January Start Point Finance passed a significant milestone by passing ÂŁ30 million lent to businesses since we started in 2013. Tim and the team would like to thank all of the introducers, lenders and most of all the customers, along with everyone else we have...
“We have used these guys since we started up over 3 years ago. We have used them for Loans, Asset Fiance and Hire Purchases on the vans and they have been faultless. They excel where banks don’t, with the personal touch and sorting all the paperwork for you.“
– Elliott Myatt, Director of Play Area Hygiene Services Ltd.