Big Data has been around for a while now and there is a big move to manage teams, departments and businesses with dashboards containing the major KPIs (Key Performance Measures) bespoke for that business. This is all good business practice and we are already doing this with some of our…

Funders will often add as a condition of providing business finance, the requirement for directors to provide personal guarantees. Without the personal guarantee the funding may not even be available. By signing a personal guarantee, a director places his or her personal estate at risk and if the business fails,…

Santander in the UK is pulling out of the asset finance market from the end of 2019 and will wind down all its funding in that market. This is due to major cost cuttings across the global operations but much of the cost cutting is said to be in occurring…

Inspired Life Care, a care home company operating in Cheshire, has secured an £8.2m refinance deal on their new Telford Court specialist care home in Crewe. The funding package, provided by Yorkshire Bank, was negotiated by Peter Black of Cheshire-based finance company, Snowball Alternative Finance. Telford Court is an 85-bed…

The short-term property/bridging market continues to grow in terms of the number of players and the number of applications being presented to them. The Association of Short Term Lenders (ASTL) revealed that in Quarter 1 of 2019 the number of applications increased in number by 6.9% compared to the same…

Selling a business is a major event, both financially and equally emotionally. For this reason, one of the most important considerations early on is to take onboard professional help and advice. A seller needs that independent and expert advice to guide them through the whole process and help the seller…

A number of recent reports continue to confirm that lending from the high street banks continue to fall for SMEs and that the number of companies rejected for funding continues to increase. Bank lending for SMEs is reducing whilst at the same time lending to large companies has increased by…

Peter Black was recently asked to speak at the Insider Breakfast on Professional and Financial Services in Manchester, where alongside his fellow speakers they discussed all aspects of the professional and financial services community in the North West. This was featured in the April edition of Insider. Some of the…

Private Equity investments in the UK bounced back in the first three months of 2019, after a so called ‘Brexit effect’ on the market at the back end of 2018. Deal values increased to £8.9bn between January and March, which was up from £6.1bn in the final quarter of 2018,…