Guides

Commercial property finance explained

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Commercial property finance explained

As your business expands or adapts to new industry conditions, you may find yourself restricted by the space your company calls home. Needing new space for expanding manufacturing needs, expanded staff numbers or more space for customers is something that holds so many businesses back because they are concerned about finances. Your businesses property is one of the most important assets you have and there are many financial routes that will allow you to meet your space requirements without putting the whole business in jeopardy. Commercial mortgage finance, while being the most used route to acquiring commercial property is just...

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How to finance your business expansion

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How to finance your business expansion

By its very nature, a successful business needs to expand to meet the demands of a growing customer base. Delivering at extra capacity presents a conundrum for many businesses, how do they unlock the funds needed to push to the next level? This article will explain business expansion finance. We will look at the different options to finance business expansion, why you might consider them and their pros and cons. Short term business expansion finance If you need smaller amounts and quickly, the easiest options would be to invest your own funds or take a loan from a family member....

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Your coach finance options explained

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Your coach finance options explained

One of the on-going challenges of running a coach company (whether one vehicle or a whole fleet) is keeping your vehicles up-to-date and running at the highest standard. In uncertain economic times, when travel is at a low point, this could be a necessary but harsh financial burden. This is where coach finance can help you set up your company for the future. You could be looking for your first coach to launch a new travel company, be looking to expand your existing fleet or to update your existing stock to offer a better experience to your customers. Regardless, the...

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Marine mortgage explained

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Marine mortgage explained

With an increasing range of boat and marine finance options available, the dream of owning a boat has become more accessible to many more people. Marine Mortgage is a popular choice for those looking for funds to buy a boat. What is a Marine Mortgage A Marine Mortgage is a loan secured against the boat/vessel that you are purchasing. Different deals and lenders come with different terms and conditions, but Marine Mortgage agreements typically range from two to seven years, with the borrowed amount ranging between £15,000 and £350,000. Most mortgage agreements require a deposit of between 10% and 20%...

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Caravans – to lease or to own?

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Caravans – to lease or to own?

As things stand, with ever changing travel restrictions, the need to explore closer to home and constantly changing travel prices, the need to have a flexible, comfortable and affordable way to get away from it all is increasingly appealing. For many people, caravans fit this bill allowing them to explore the UK and Europe without the need to spend time planning ahead and purchase expensive accommodation in hotels or hostels. Caravan owns have the freedom to roam with all the comforts of home. But caravans are not cheap, with £15,000 being the lowest average price for new models, meaning it...

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