Cashflow is the net amount of money moving in and out of your business in terms of income and expenditure. In an ideal world, your cashflow would be positive at all times – in other words, you’d have more money coming …Read More
Working capital is the lifeblood of a business. It’s defined as current assets minus current liabilities, so it represents the amount of cash available at any given time once the business has paid its bills, such as staff wages and supplier …Read More
There are many types of business that could be described as seasonal, relying on specific times of the year to generate the bulk of their income. While the likes of ice cream parlours, Christmas decorations retailers and wedding planners may see …Read More
There are many ways in which your business could get a boost by taking out a loan for cashflow purposes. Here are some of the key potential benefits: Improved cashflow: A business loan can help you improve your cashflow by providing your …Read More
If your business has multiple loans or other lines of credit such as overdrafts or credit cards, a debt consolidation loan can make it easier to manage your finances – and even reduce your monthly outgoings. Over time, many businesses will …Read More
With inflation and interest rates continuing the dominate the headlines, it’s only natural to have concerns about the rising costs of living and running a business. LendingCrowd’s fast and flexible SME loans can provide peace of mind: Fixed monthly repayments of …Read More
To help our valued community of borrowers during the Covid-19 pandemic, we have produced guides to download in an easy-to-use format. These guides contain details of support measures such as rates relief and the Recovery Loan Scheme, with the content tailored …Read More
In response to the coronavirus (Covid-19) pandemic, a range of measures have been announced by the UK Government and devolved administrations to support businesses through this fast-changing situation. To help our valued community of borrowers access this information and support in …Read More
LendingCrowd, the only fintech lending platform headquartered in Scotland, has been accredited by the British Business Bank as a new lender under the Coronavirus Business Interruption Loan Scheme (CBILS). This means LendingCrowd will be able to distribute UK government-backed loans to …Read More
Increasing numbers of businesses are turning to alternative sources of finance to fuel their growth ambitions as bank lending continues to fall. The latest Small Business Finance Markets report from the British Business Bank shows that business lending by marketplace platforms …Read More