If you want your healthcare company's application for finance to be accepted, you'll need to be prepared. So, what are finance providers looking for and how can you boost your chances of securing the funding you require?
The impact of the global financial crisis of 2007-2008 and the subsequent recession in the UK is still fresh in many peoples' minds, so it's unsurprising that many business owners are worried that Brexit may affect their access to funding. The UK is actually in a very different situation than it was in the run-up to the 2007-2008 crisis, however, and the chances of us experiencing another 'credit crunch' as a direct result of Brexit are much lower than you might think. However, it's still essential to consider your financing plans carefully.
Hi, everyone. Today’s blog post will be something a bit different.
You may or may not have heard of a small but powerful charity called Temwa, and what they do is incredible. Working in Usisya, Malawi (one of the most remote and hard to reach communities in Africa) these guys really help to change lives, and at BFS, we’ve supported them for the last 15 years.
If you're an investor attempting to build a portfolio of properties, housing market price fluctuations can play havoc with your business plans, so it's vital to keep an eye on things. So, what's likely to happen to house prices when Britain leaves the European Union and how can you make sure that you're prepared?
Topics: Property Investments
Whether you're the owner of an established healthcare business or a start-up company, there are a host of funding options available to you, each with advantages and disadvantages. Here's a brief guide to some of the key lending instruments on the market:
According to the Organisation for Economic Co-operation and Development (OECD), the UK ranked thirteenth-highest of its 36 members in terms of total health expenditure as a percentage of Gross Domestic Product (GDP) in 2018. When it comes to compulsory healthcare expenditure as a percentage of GDP, the UK was the twelfth highest spender. So, what other countries spend more than us and how are their healthcare systems funded?
However profitable your SME is, there are likely to be occasions when you need a temporary cash boost – and a commercial loan could provide you with just that. However, if you want your loan application to be accepted, you'll need to be well-prepared.
Topics: Business Loans
Many people assume that private healthcare providers cover their costs with the money they receive from their patients or insurance companies. However, while that may be true for established businesses, it's not usually the case for start-ups – after all, you can't treat patients until you have the premises, equipment, and staff you need. So how can you raise enough money to get a private healthcare company off the ground?
In a world where we can apply for financial products online with ease, if you're a busy healthcare company owner looking for financing solutions, you might be tempted to head straight to your bank's website. However, using a specialist credit broker with healthcare industry experience could be a more beneficial option for your business. Here are some of the reasons why:
Whether you require a short-term cash boost to cover a sudden expense or a long-term solution to facilitate business growth, the world of business loans can be a confusing place. To make life easier, here's a rundown of some of the main types of loan provider that exist within the UK.
Topics: Business Loans