Choice Blog - Business interest topics
Wonga for Business: A Review
Last post: Mar 6, 2013
*** Please note: In October 2013, Wonga for Business rebranded as Everline.com The facts in this article remain correct for Everline.com even though they refer to Wonga for Business ****
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Alternatives to a business overdraft
Last post: Mar 4, 2013
It is a tough market place for businesses to trade in these days both from a perspective of attracting new business and funding the contract from cash flow. Traditionally, for those businesses without sufficient liquid funds, they would often arrange an overdraft facility but this option is becoming increasingly difficult as the major high street banks have tightened up their lending policies.
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Funding Circle's Asset Finance loans
Last post: Feb 25, 2013
Since their launch in 2010 Funding Circle have made tremendous strides in lending to UK SMEs. At the time of writing over £80m in loans have been channeled from lenders to UK businesses via their platform.
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What is the difference between invoice discounting and factoring
Last post: Feb 7, 2013
Invoice discounting and invoice factoring are two similar terms that are sometimes interchangeably used but there are minor differences between the two. Both are forms of invoice financing wherein a company’s accounts receivables are used for borrowing money.
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Alternatives to a business bank loan
Last post: Feb 5, 2013
In view of the current economic climate, businesses here in the United Kingdom have found it increasingly difficult to obtain finance through the more traditional avenue of the major high street banks.
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Alternative finance: Merchant Cash Advances continue to grow
Last post: Jan 24, 2013
Merchant Cash Advances have helped, and continue to help, many types of businesses make changes and grow in the way they want to. It is a fairly new product but is growing in its popularity and evolving in the way it works all the time
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