Sustaining Growth In Slow Periods With Business Loans For Working Capital
By Century Business Finance on Feb 12, 2025
There are many reasons why businesses can slow down or experience low demand. It could be part of a wider economic downturn caused by political decisions or even global upheaval affecting supply chains. There may also be seasonal variations which influence customer demand, with high a …
Struggling With Late Payers? Unlock Cash Flow With Same Day Funding Business Loans
By Century Business Finance on Feb 5, 2025
Late payments are a major challenge for UK businesses, especially those at the smaller and medium end of the scale that might not have the cash reserves to cover their expenditure while they wait. Delayed payment of invoices can easily disrupt cash flow, hinder growth and potentially …
SME Business Loan Companies: The Best Lenders For Construction Firms
By Century Business Finance on Jan 28, 2025
The construction industry contributes around £117 billion to the UK economy each year, making it one of the largest single sectors. As well as large corporate construction companies building vast developments there are also thousands of smaller construction firms in operation, many of …
A Retailer’s Ultimate Guide To Business Loans
By Century Business Finance on Jan 17, 2025
Making a success of a retail business can be exceptionally tough. Not only do you have to contend with factors such as supply chain disruptions and price fluctuations but you also have to be aware of the changing nature of the entire retail sector. Not only has online shopping revolut …
What Documents Do I Need To Secure A Business Loan?
By Century Business Finance on Jan 10, 2025
Securing funding can be a challenge for small businesses looking to grow. The reality is that unless you are in the very fortunate position to have the capital in place to fund growth you are going to need to try and borrow the money to fuel expansion. For most SMEs, this means trying …
Top 5 Things To Know About Working Capital Business Loans
By Century Business Finance on Jan 3, 2025
Running a successful business is about much more than profit and loss. It’s about staying on top of all aspects of the organisation and ensuring you have the funds in place to take advantage of opportunities when they arise. It can also mean having the security in place for when marke …
What Is an Unsecured Business Loan?
By Century Business Finance on Dec 27, 2024
When you apply for a business loan, many lenders will require you to supply some kind of collateral as a kind of insurance against not being able to pay back the full amount over its term. This is usually in the form of some kind of asset or other security. But what if the business is …
Does Applying For A Business Loan Affect My Personal Credit Score?
By Century Business Finance on Dec 20, 2024
Financing a business can be difficult. Whether that’s getting access to short-term operational finance to pay for everyday expenses or securing more long-term strategic funds to help grow the business over time. Fortunately, there are many types of business loans out there to help you …
How To Overcome Financial Hurdles With A Manufacturing Business Loan
By Century Business Finance on Dec 13, 2024
Manufacturing success is all about keeping the production line moving, but manufacturers often face a unique set of financial challenges such as significant upfront costs, extended payment terms, and lengthy production cycles. These obstacles can limit growth and lead to cash flow man …
Does My Personal Credit Score Affect My Business Loan Eligibility?
By Century Business Finance on Dec 6, 2024
Does your personal credit score affect a business loan? The simple answer is yes. Most business owners applying for a loan will probably realise fairly quickly that their own personal credit score does apply and impact their business’ ability to get funding. However, perhaps the more …