New finance available for businesses impacted by Covid-19 Firstly it is a hugely uncertain time for SMEs. With Coronavirus shaking the UK economy and forcing many SMEs to close their doors for the foreseeable future, business are faced with greater demands for support, including access to finance. Businesses can now apply for Coronavirus Business Interruption […]
24
Mar
Mar
What is the Coronavirus Business Interruption Loan Scheme (CBILS)? Firstly CBILS is a new scheme that can provide facilities of up to £5m for smaller businesses across the UK. It is for businesses who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. CBILS supports a wide range of business finance products, […]
19
Mar
Mar
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME IMPORTANT UPDATE: At Budget 2020, the Chancellor announced that a ‘Coronavirus Business Interruption Loan Scheme’ (CBILS) will temporarily replace the Enterprise Finance Guarantee (EFG), becoming available over the coming weeks. It will operate in a similar way to EFG and be provided by the British Business Bank, but will offer […]
16
Mar
Mar
Important Information: COVID-19 In light of the developing Coronavirus situation, we are closely following protocols advised by the government. We’d like to take this opportunity to reassure you of the measures All Star Funding Solutions has in place. We are committed to the wellbeing of our employees as well as supporting our customers, clients, suppliers […]
09
Mar
Mar
What is Development Finance? To begin with Development Finance is a short term funding option which is used for many property projects. For instance regulated self builds to the construction of multiple units for profit. There are many uses of development finance. These include: Help to purchase land, Build new properties Renovate existing properties Convert […]
09
Mar
Mar
VAT loans We can arrange specific VAT Loans for all types of businesses. VAT loans are typically short term (less than 12 months) to help spread the cost. Short term finance Cash flow is an essential part of any business, however periodically managing large expenditures while still managing supplier overheads can at times be difficult. […]
21
Feb
Feb
We are Asset Finance Brokers based in Manchester As an Asset Finance broker based in Manchester we help Businesses understand the complexities of this type of funding product. What is Asset Finance? Asset finance is a type of lending that allows your Business to purchase or refinance assets such as equipment, machinery and vehicles. Asset […]
16
Jan
Jan
What is a Personal Guarantee (PG)? Firstly a personal guarantee is a contract by which someone promises to pay any deficiencies on a specific loan or account which cannot be met by the principal debtor. Secondly most guarantee forms require joint and several liabilities, meaning that each individual who signs a guarantee can be held […]
06
Jan
Jan
Is Factoring Expensive? Well this is the perception of many business owners, but in reality Factoring can represent good value for money. Is Factoring expensive? The key reason why Factoring is seen as expensive is because it is often compared against other forms of funding products such as Loans or Overdrafts. Factoring is also seen […]
30
Dec
Dec
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