‘Term Loans’ are a topical subject – particularly if you thought that you had one and it now seems that you don’t!  Basically a Term Loan is a loan that both you and the lender (normally a bank) intended to run to its original term – normally a period (say 15 years). The loan is Read more about Term Loans – what are they and why should you keep one?[…]

I am regularly seeing posts on US finance and business sites offering ‘Merchant Cash Advances’ and they are becoming more popular in the UK also. Thought a simple explanation might be useful. Merchant Cash Advances are provided by specialist lenders, to businesses that have a reasonable volume of credit card receipts. The way that they Read more about Merchant Cash Advances – what are they?[…]

Following on from my earlier blogs: I remember a business that I had as a demanding client when I myself was their bank manager. They didn’t have signficant facilities with us and tended to be in credit most of the time. However the owner was paranoid about the fragility of their cash flow and how Read more about Lender Relations – Part III – a favourite customer…[…]

Attended an event this week looking at how large Corporate ‘Investor Relations’ teams work in communicating with shareholders. It reinforced for me that the same approach should be used to communicate with providers of debt and working capital. They are effectively stakeholders in the business (i.e. they can affect it and also be affected by Read more about Lender Relations – Part II[…]