Demand for alternative finance solutions is on the up

Because of banks losing their nerve to invest, it’s no surprise that seeking alternative finance is moving towards the mainstream. According to a survey by UK Bond Network, more than half of UK SMEs (68 per cent, in fact) would consider alternative finance as a way to raise capital for their business.

The confidence in seeking alternative finance dramatically increases with more established companies. 94% of companies surveyed who achieve an annual turnover of more than £1.1 million said that they would consider using alternative finance as a way of funding their business. Perhaps this is how they achieved such success in the first place.

Alternative finance has opened up a new world of funding opportunities. It is rarely subjective to credit history and offers a range of lending options. It is not only the flexibility that alternative finance offers compared to banks, but it is also the speed. Banks are often concerned with jeopardising the historic relationships they have with companies and if they cannot meet funding requests, they are slow and reluctant to respond.

At Alexander Bance, we recognise the need for speed and flexibility when it comes to finance. We offer a range of finance solutions and can lend vast sums with minimal fuss. Our website details the services we offer but we recognise that every client’s needs are different, so it is best to speak to a member of our team to discuss options and to work out a unique lending plan.

The world of business is evolving and we make sure we are ahead of the game. That’s why at Alexander Bance we are finance, evolved.

Small Business Loans with Alexander Bance

It can be difficult for small businesses to access the capital that they need in order to grow  the next level. This may be due to poor credit or simply the fact they are a new business. Alexander Bance offers the option of Unsecured SME Finance – an unsecured business loan for Small and Medium-sized Enterprises.

What are the benefits of Unsecured SME Finance?

An unsecured business loan is a quick and easy way of getting the money you need, without risking your property, as in the case of a secure loan. Grounds for lending are not determined by credit history and there is much more flexibility offered when when it comes to paying the loan back.

What are the benefits of Unsecured SME Finance from Alexander Bance?

As long as your business takes credit or debit cards for payments, you can borrow up to £350,000 to spend as you like, completely unsecured.

We don’t ask for a fixed monthly repayment.

There no late fees or early redemption fees.

We ask for no APR whatsoever.

How does it work?

If your business takes card payments, we take a minority split of the payments direct from the Card Processing Company. When business is booming, you’ll pay more back to us, and when it is quiet, you will pay less. As there is no APR, we agree with you one-off fixed cost.

If you need a quick, hassle-free cash injection into your business, then Unsecured SME Finance could be right for you. It might just be what you need to expand your business and, in turn, allow it to become more profitable in the long run. Feel free to call to us on 0207 491 7333 or email us at info@alexanderbance.com to discuss solutions to your financing needs. You can also fill out one of our efficient contact forms here.

We are finance, evolved.

Give your business to chance to succeed with Alexander Bance

Everything is set in place in London for your business to succeed. London is Europe’s number one business city and can offer your business the best chance of success here in the UK and on a global scale.

Most people in the UK think about starting a business but one of the central reasons for not doing so is finance. Alexander Bance can help with a business loan or provide the opportunity of venture capital. And if you’re still concerned about whether your business can make it in London, here are some of the top reasons why it can.

London is business friendly

Not only is London a pleasant and attractive city to do business in, it is also the easiest. London businesses benefit from flexibility in all areas including employment law, entrepreneurs visas, capital gains tax relief and transport links, which are the most efficient in the country and among the best in Europe.

London’s got talent

London was voted the world’s most competitive city due to the sheer scale of talent among London’s 4million-strong workforce. With around 230 languages spoken, it is the frontrunner for communication, innovation and creative thinking.

A thriving customer base

Setting up your business in London gives you access to a customer base of over 8million Londoners. If we also count the 500million people in Europe, that stands as the world’s biggest single market. With tourism booming as it always has done, the sheer footfall you will get through the door with trump any other city in Europe, and with incredible travel links, London has never been so accessible.

Contact us at info@alexanderbance.com, call us on 020 7491 7333 or visit the website here to find out more about how Alexander Bance can make your business dreams happen. London is ready and waiting.

Business loans: Alexander Bance will lend

In a recent study by the Business is GREAT campaign, it was revealed that 39 per cent of Britons think about starting a business every day, but 78 per cent of that figure are afraid that they would fail. ‘Raising finance’ was cited as one of the main reasons for this fear of failure.

Banks have been unwilling to lend to small and medium-sized enterprises (SMEs) and by the end of 2014 bank lending to SMEs had fallen by £400 million. Since small businesses are vital to the economy, Alexander Bance will help where the banks can’t.

Having built strong relations over the years with close to 350 lending establishments, we have access to hundreds of products. We also offer the prospect of venture capital, offering loans and equity investments in young companies. Unlike banks and other lenders, venture capitalists frequently take equity positions as well. That means clients don’t have to pay out hard-to-get cash in the form of interest and principal instalments. Instead, client’s give a portion of their or other owners’ interest in the company in exchange for the VCs’ backing.

With more call for flexibility in working lives and the ease of working remotely, for more and more people, setting up their own business is becoming a real option. And it’s working. Small business owners, according to the Small Business Survey 2014, are feeling optimistic about their growth and expect an increase in turnover for the year ahead. The government have admitted that small businesses have been responsible for the country’s recent economic growth, and the business minister Matthew Hancock has pledged ‘to make Britain the best place in the world to start and grow a business’.

Here at Alexander Bance, we believe in business. See if we can help you get your business off the ground so that you can live and work how you have always wanted to.

Alexander Bance: Finance, Evolved.