I would like to start this article by saying that we at Trans Capital Associates are an impartial advisor with no links or ties to any individual funder or other business. However, following a number of recent experiences with our clients, I now feel compelled to mention a relatively new business that is pioneering a […]
How do I get new business funding? 6 tips for when your bank says No
When the bank says NO it might feel like a very lonely place. My main piece of advice is: DON’T PANIC! There is always something that can be done! Just follow these 6 tips: 1. Don’t over-react Don’t blame the funder that is saying no. The business funding world has changed dramatically since the heady days […]
Business strategy 101 – Business funding update – February 2013
The Bank of England’s ‘Trends in Lending’ report, published on 21st January shows business funding options remain hard to come by for SMEs. The underlying message from the end of 2012 and the beginning of 2013 is that Finance for the SME sector remains elusive and, as a consequence, demand is subdued. Let’s take a […]
Invoice Finance – A genuine alternative to Bank Funding
In a time of reduced bank lending and increased pressure on cash flow, it might be useful to look at the various ways businesses can use their sales ledger to fund working capital. Traditional invoice finance products: Factoring This is one of the oldest types of invoice finance and is where the Factor simply provides […]
10 things not to do to your invoice finance provider
As the new year approaches, I feel it is worth reflecting on 2012. It has been a difficult year for so many small and medium size organisations. The economic climate, and the UK government’s reaction to it, has hit hard this year. Recent data shows things aren’t going to be getting better very quickly so […]
Business strategy 101: Right place, right time
Everything in life is contingent upon its position in the world. The personal, political, scientific and natural worlds all depend on their location and the other elements operating around them. The same could be said about the corporate world, which is dependent upon the external environment within which it operates. This includes everything from local […]
Business funding solutions: the alternatives to bank finance
The financial crash of 2007/8 has changed the banking landscape for the foreseeable future. The banks are being told to slim down their balance sheets, lend more, increase their share price – all with the spectre of the break-up of their Retail and Investment arms, not to mention a possible new government owned ‘Business bank’. […]