Knowledge Hub

Every business has a working capital cycle. This is the term given to the time it takes for your business to turn net current assets into available cash.

A letter of credit is a guarantee from a bank against risk for a seller that their buyer will pay, and is common in sales agreements that include shipping to or…

So – you’ve got a huge tax bill due and HMRC is not renowned for being lenient with late payments. What do you do?

The Construction Industry Scheme’s most beneficial outcome, according to many contractors and subcontractors, is gross payment status. It allows your business…

Whether you’re trying to secure new funding or not, having a credit score is very important. Your credit score is based on your credit history so in order to …

Poor credit can affect your eligibility for traditional lending. Mainstream banks are most likely to turn you down for funding if you have bad credit because th…

Anything from summer holidays to tax season to just plain terrible weather can have an effect on a business’s cash flow. High seasons bring in more money …

Cash flow is a term used for the net amount of money that comes into and out of your business on a regular basis. It probably goes without saying, but a positiv…

Credit factoring is simply another name for invoice factoring, and is a type of financing that allows business owners to receive up to 100% of their invoice val…

With the uncertainty surrounding today’s economy, how on earth do you go about raising enough money to start a business? To help answer this question we’ve …

When trying to secure funding for a business, perhaps with a business loan, you may be asked as director of the business to provide a personal guarantee. By law…