get loans online: top tips on business finance

Post on 19-Jun-2015

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Funding Options presentation at the 'Running your business in the cloud' event on October 10th in London.

TRANSCRIPT

Funding Options talks about using the cloud to get

financeiZettle talks

about cool ways

to take

payments

FreeAgent tell us how to take the pain out of

accounting

Introductio

n

Constant Contact talks about brilliant

email marketing

First things first... what is ‘The Cloud’?

Answer:‘Cloud’ services are simply delivered via the internet

e.g.

There are many benefits to using the ‘The Cloud’

1) Cost: No upfront fees & low monthly payments help cashflow

2) Flexible services that grow with your business

3) Access them anywhere with internet connection

e.g.

4) Connect online services together and cut out admin

e.g. Check Business credit checks debtors via FreeAgent

In conclusion...

‘The Cloud’ means small businesses can more easily compete with the big guys

We’re experts in helping businesses the loans they need, working with a huge panel of lenders

The banks have got a bashing in the press over the last five years...

...and with good reason (BOE data shows lending has fallen)

We’re approaching the problem differently, using the cloud

+E.g. our finance application tool connects to FreeAgent

Here are our top five tips if you’re a business looking for finance

1) Be open-minded

Invoice

finance

Hire purchase

Leasing

Commercial mortgages

Government-

backed lending

schemes

Term loans

Overdrafts

Alternative

lenders

Crowd funding and peer-to-

peer

Mercha

nt cash

advanc

e

Short term

loans

There are many products available, not just traditional term loans

2) Be realistic

Rates will typically be much higher than advertised, and will probably have to give security, sometimes as a personal guarantee

3) Be honest

If you have a poor credit history, tell the lender straight away: they will find out

4) Seek advice

Call your accountant, another business owner or Funding Options

5) Stay informed

We offer free webinars, articles and advice on business finance

fundingoptions.com0845 366 4199#bizinthecloud

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