Business Finance
Business Finance FAQs
Does the NACFB provide me with any support or protection?
Does the NACFB provide me with any support or protection?
No. It is simply a code of practice that members agree to but it is not audited and the code has no rights to take any real action against a member who does not abide by the rules. The FSA does not currently regulate all business finance, which is a shame. Worldwide however are regulated by the FSA and you are afforded the advice from individuals who have been regulated for many years. We recommend you look at the information on the FSAs website for the consumer. Its there to help you. http://www.fsa.gov.uk/consumer/
Other Business Finance Frequently Asked Questions:
- Are you an independant financial adviser?
- Why is it believed that business finance such as bank borrowing and leasing is better than using your own cash?
- Is my tax situation improved by leasing capital equipment?
- Can I borrow more than 70%?
- Do I need a solicitor?
- If I have bad debt and ccjs can you help?
- My bank is calling my loan in as they no longer want the debt. Can you help?
- How do I appoint you and do I pay you now?
- Are grants easily available?
' Any assets or property used as security may be repossessed if you do not keep up repayments on any commercial mortgage or loan. Think carefully before securing other debts against your home, your home may be repossessed if you do not keep up repayments on your mortgage.'
'All information is based on our understanding of current legal statutory requirements and current tax practices which are subject to change.
'Worldwide Financial Planning Ltd are authorised and regulated by the Financial Services Authority. Worldwide is entered on the FSA register www.fsa.gov.uk/register/ under reference 440668
Registered office; The Old Carriage Works, Moresk Road, Truro, Cornwall, TR1 1DG. Registered in England and Wales No. 3533548. Contact info@wwfp.net or 01872 222 422
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