Earlier this year, HSBC partnered with an alternative funding provider and Chirag Shah, CEO at Nucleus believes that this is a strategy that makes a lot of sense for the parties involved. In this article, Chirag shares his thoughts on this and how he believes this will impact borrowers.
Kevin Sullivan came on board at Nucleus in June and has already made an impact. Working as CLIENT DIRECTOR-CORPORATE
At the time of writing, the Apprenticeship Levy has been in operation for five months so far in 2017 and there has been plenty of posturing and turmoil within the sector. The Education and Skills Funding Agency (ESFA) have had their difficulties managing procurement processes for all funding streams; being heavily criticised by providers, membership bodies and the Further Education press.
If your business takes card payments and needs a cash flow boost then a Business Cash Advance (BCA) is the perfect solution. It works like a business loan but with flexible, instead of fixed, monthly repayments. A BCA is business funding for any purpose, calculated based on your card takings. Borrow up to 120% of your monthly card volumes, £5,000 to £150,000.
In simple words, alternative finance means any sort of finance apart from a conventional high street bank loan. There is a wide selection of alternative finance options available, ranging from cash flow loans to invoice finance; available for both small and larger businesses in all industry niches…
This is a follow up to the blog published a fortnight ago entitled: ‘What should apprenticeship providers be doing to make the apprenticeship levy a success?’. The alarming dip in apprenticeship starts since the introduction of the new funding mechanism has been a hot topic in the media over the last 2 weeks.
Our CEO Chirag Shah was interviewed recently and has some incredible advice from his experience of working his way up to CEO…
Did you know that surveys have found that almost 10% of SMEs receive more than three-quarters of their payments behind schedule? On average, invoices are paid 74 days after being issued – that is over double the agreed terms!
The finance world is filled with complex terminology and technical concepts— most of which are vital shorthand for finance advisors and other industry participants. From business planning to investment, it is common for business owners to come across unfamiliar and complicated phrases.
When it comes to funding the expansion plans of your growing business these days, thankfully there are lots of ways to do so. Whilst the bank used to be the only viable option a business had, alternative finance is growing in popularity. So much so, according to BBA, total applications for bank finance were 9% lower than usual in 2016 as businesses decided to explore alternative options…