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Do you or have you had a Fixed Rate Business Loan from your Bank? Did you get what you thought you had contracted to? Since the economic downturn, CFS has received many requests for help from Business owners to review their loan agreements. As a result of these requests errors and omissions have been found in documentation that have led… read more →

Historically obtaining insurance to provide some protection to company directors who have given personal guarantees has not been possible. Whilst taken to tie in the director, the potential financial implications if called upon are not given great consideration until that event occurs. However, now some of this liability can be covered by insurance. This insurance, new to the market, can… read more →

The Department for Business, Innovation and Skills issued a consultation paper earlier in the year – SME finance: help to match SMEs rejected for finance with alternative lenders – and on the 6th August announced "The government has decided to legislate for a mandatory process in the Small Business, Enterprise and Employment Bill, where SMEs will be forwarded on to platforms that will… read more →

The banking market has changed dramatically over the last 4 years. Bank lending criteria has become harder to meet, conditions tougher and banks have become more selective. They only choose the profitable businesses to support.  On the plus side more innovative lenders have entered the market to challenge what was always considered the High Street banks domain. Some of these… read more →