August 2015 - First 4 Commercial
27Aug2015

Best Commercial Finance Broker – UK 2015

Thanks to Aquisition International for giving this award to Chris Warner at first4commercial.com. We are delighted to continually receive prestigious awards like this to prove that we go above and beyond for our clients and introducers. Best Commercial Finance Broker 2015 is a testament to all the hardwork over the last year and we will continue to strive to be the best again next year.

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23Aug2015

A Quick Guide to Asset Based Lending.

What is asset based lending?
Quite simply asset based lending is a loan that is secured on the assets that your business holds. This is secured through inventory, machinery, equipment, balance sheets, property and any accounts that are due to be paid to the business applying for the funding. Therefore if the loan is not repaid for any reason then the assets on which the loan had been secured, will be taken.
Who requires asset funding?
Asset based lending is usually considered by a business when other forms of lending are not appropriate or available. It can help to provide immediate capital for a company who may require a project that they are developing to be financed quickly. For example companies that need to increase their stock/inventory. Or if old equipment needs replacing and capital is not freely at hand. Mergers, acquisitions and debt purchasing are also examples. Other companies wish to expand their business without over stretching themselves and causing financial pressure, so therefore asset lending is an extremely useful way of providing a secure capital injection.
Why choose asset lending as a financial option?
Whereas years ago, asset based lending was considered a last resort in terms of financing a business, it is now considered by many companies and business’ a popular choice. For smaller companies and individuals who do not have a good credit rating, or track record, or for those that require capital more quickly, this form of lending is a great resource to have.

23Aug2015

A Quick Guide to Asset Based Lending.

What is asset based lending?
Quite simply asset based lending is a loan that is secured on the assets that your business holds. This is secured through inventory, machinery, equipment, balance sheets, property and any accounts that are due to be paid to the business applying for the funding. Therefore if the loan is not repaid for any reason then the assets on which the loan had been secured, will be taken.
Who requires asset funding?
Asset based lending is usually considered by a business when other forms of lending are not appropriate or available. It can help to provide immediate capital for a company who may require a project that they are developing to be financed quickly. For example companies that need to increase their stock/inventory. Or if old equipment needs replacing and capital is not freely at hand. Mergers, acquisitions and debt purchasing are also examples. Other companies wish to expand their business without over stretching themselves and causing financial pressure, so therefore asset lending is an extremely useful way of providing a secure capital injection.
Why choose asset lending as a financial option?
Whereas years ago, asset based lending was considered a last resort in terms of financing a business, it is now considered by many companies and business’ a popular choice. For smaller companies and individuals who do not have a good credit rating, or track record, or for those that require capital more quickly, this form of lending is a great resource to have.

8Aug2015

Points To Consider When Purchasing Buildings And Content Insurance.

Pat McFadden, the Minister of State, Department for Business Enterprise and Regulatory Reform stated that;
“Insurance is an essential safety net. The floods of 2007, for instance, hit many businesses hard, not just through physical damage but also through the interruption to trading that followed. Insurance helped to put these businesses back on their feet and pay the cost of the damage.”
1. The building within which the business operates and the contents that enable it to run need to be insured. Insurance policies that cover this will provide the financial help needed to rebuild your operation after any damage caused through specific events such as fire, flooding, lightening, burglary and even earthquakes.
2. In addition interruption insurance can also be purchased for your business, if it cannot trade due to external factors or if the property has been damaged. An insurer will often send in a disaster recovery firm who will take immediate action, such as calling on reliant building firms to sustain any damage that has been caused.
3. A building should be insured for its full rebuilding cost, including any potential fees that may occur, such as clearing the site of the damage.
4. If you are renting the building then always check with the owner what type of insurance they have.
5. If you work from your home then check what your home insurance covers. If you need to take out an additional policy or update your current one for the protection of computer equipment for example then do so.

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