Category: Business Loans
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ONS data shows UK business concern about energy and fuel prices reached the highest levels recorded in the current survey series. We examine what the figures do—and do not—mean for working-capital planning.
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Bank of England data shows SME borrowing growth reached 4.6% in August 2026 while the effective rate on new SME bank loans rose to 6.63%.
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Gross lending to UK small and medium-sized businesses reached £5.35 billion in the second quarter of 2026, its highest quarterly level since the pandemic. However, heavier use of overdraft facilities and a fall in applications during the quarter suggest that the headline increase does not tell a simple story of rising confidence. The figures were…
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Identify Why You Need Funding Start by being clear on your objective. Why do you need business funding? Are you looking to invest in new equipment, manage seasonal cash flow, or fund growth? Your purpose will determine the most suitable type of finance and the level of flexibility you need. Know the Main Types of…
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Clarify Your Purpose and Budget for Your Business Loan Application Before starting your business loan application and diving into paperwork, know exactly why you need a business loan and how much capital is required. Are you investing in equipment, expanding your premises, or smoothing out seasonal cash‑flow gaps? A clear rationale and realistic budget not…
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Start with a Clear Financial Picture Choosing the right business loan, such as an SME Business Loan, begins by understanding why you need funding and how much you realistically require. Create a cash‑flow forecast to map incoming and outgoing payments over the next 6–12 months. This will show whether you need a short‑term working capital…