We have had success in helping clients who are being ’Managed Out’ – here is a good story: Customers ran a small hotel/guest house in the Midlands – superb building (an old hunting lodge) in lovely grounds. They had a Term Loan with their bank which they were servicing adequately and which was very well secured [...]

 In my last blog I mentioned ‘Managing Out’ and I’ve been asked what that means (sorry, its a reminder about use of ‘jargon’) In times gone past if your bank had you as a ‘manage out’ case it meant that you had become a ‘problem’ – they expected to lose money as a result of [...]

‘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 [...]

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 [...]