Bank Borrowing Too Expensive?
So the Chancellor of the Exchequer has finally realised that the banks are charging more than they were 18 months ago. We have known for sometime it has become increasingly … Bank Borrowing Too Expensive?
So the Chancellor of the Exchequer has finally realised that the banks are charging more than they were 18 months ago. We have known for sometime it has become increasingly … Bank Borrowing Too Expensive?
As a leading independent factoring and invoice discounting broker it is important we match the most appropriate factoring company with our potential clients. XL Business Finance use over twenty different finance … Matching Clients With Factors
Whilst finance companies and banks continue to remain ultra cautious in the current economic climate we are constantly looking for innovative finance solutions to help businesses with their new and … Use existing assets to secure funding for new capital expenditure
XL Business Finance was recently approached to look at a substantial refinancing deal for a large outside catering business. The equipment to be refinanced was mainly commercial vehicles converted into … Refusal to release assets from all assets debenture
We often get asked which is the best way to finance capital equipment. In short the answer can be subjective and we will always refer you to your own accountant. … Hire Purchase or Finance Lease?
There are many factors which need to be taken into consideration when choosing a new factoring company. The most important of which is whether an independent factoring company or a bank … Independent or Bank Owned Factoring Company
If you are considering switching to a factoring or invoice discounting facility it is worth considering the implications this may have on any available overdraft facility. It is more likely than not … Overdraft withdrawn when switching to factoring/invoice discounting
Probably worth mentioning a few words on commercial mortgages. All the banks are telling you that they are open for business. What a load of codswallop. In reality there are a … commercial mortgages
In my opinion leasing comapanies are continuuing to tighten their underwriting criteria. Every week we receive an email from a finance company saying they have pulled out of financing this … Declined Finance?
It appears the banks are still very tight when it comes to agreeing business loans. Wether it is a commercial mortgage, asset finance or an overdraft for working capital they … Business Financing