Why is it believed that business finance such as bank borrowing and leasing is better than using your own cash?
Cash flow is normally the biggest crippler to any business. If you are comfortable that you do not need the cash, the cheapest way to buy any asset is cash. But bear in mind that on top of the cash flow benefit, the borrowing will also attract tax relief.
Other Business Finance Frequently Asked Questions:
- Are you an independent financial adviser?
- Why is it believed that business finance such as bank borrowing and leasing is better than using your own cash?
- Does the NACFB provide me with any support or protection?
- 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?
Need further advice? Contact a business adviser on:
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