The issue of fraudulent claims during the government backed Covid19 loans (BBILS and CBILs) has been an ongoing story in politics and the media. Also, the increased focus on taxation, as a result of the government’s recent mini-budget, has added to an overall climate of HMRC vigilance particularly in relation to businesses. This background is … Read more
Our focus at Get Business Grants is of course business grants and facilitating the process of finding and obtaining the grant your business needs. However, business owners and FDs should not ignore other methods of funding their plans that will provide further impetus. Indeed, many grant schemes require that you already have another source of … Read more
Whilst interest rates are low by historical standards (some will remember 15% in October 1989 to curb inflation and 12% in October 1992 following the ERM crisis, trying to halt the fall in the value of the Pound) the current round of increases will present challenges for SMEs. Although the norm from 1994 to 2007 … Read more
The last article highlighted the potential for changes in availability for business grants. It will be interesting to see if there is any increase in demand for business grants as well. This increase in demand will be driven by two factors. Firstly, the increased cost of lending facilities as interest rates rise. Secondly the reduction … Read more
Any ambitious small business will require funding but a key question is what kind of funding suits my needs best. As well as the usual traditional methods such as loans or overdrafts through to newer methods such as peer to peer lending. Each have their own pros and cons but they all have a cost … Read more
