If your general reserve does not meet this requirement, then you might be considering applying for a suitable business credit facility such as term loan, working capital loan, CC Limit, OD limit, etc…
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A new survey by BBVA owned SME digital banking specialist Holvi has shown how nearly half of the UK big business workforce would like to set up their own company, but fears around financial management and redtape are stopping them.
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Looking for a loan or other business financing options? Find out which loans and lending platforms are right for you.
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It can take a while for a small business to establish a credit rating and even longer to improve one. But make no mistake, your credit rating is an essential element when you seek credit or a loan. It also helps get you approved by landlords, suppliers, and vendors.
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A quarter (24 per cent) of owners of small- and medium-sized enterprises (SMEs) in financial difficulty over the past year have dipped into their own personal savings to address these issues, a new survey has found.
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A worrying number of small businesses rely on their overdraft to manage their cash flow as late payments and uncertainty bite.
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The time it takes for small- and medium-sized enterprises (SMEs) to secure finance has fallen by a quarter over the past two years, according to finance aggregator Funding Xchange.
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Working capital is the part of the business finance, which is used to meet short-term liabilities and keep up the daily operations of the business smoothly.
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Finance has remained a big challenge for the industry, and business loans have helped many companies in getting the required funds.
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Big drops in demand for peer-to-peer lending and equity investments in 2019, although figures still coming in.
SME Finance
If you are an SME or Sole-trader looking for finance to expand you business get in touch today.
We have the finance solution to meet your requirements.
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SME Finance Solutions
Ballybane Enterprise Centre
Galway
Phone Contacts
Contact Sean: 089 955 3464
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finance@smefinance.ie
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