How Can You Finance a Renovation of Your Rental Property?
Owning rental property is something of an aspiration, a solid investment in the future that, if managed right, can be lucrative for you as you move towards retirement. It is not without problems, of course, tenant management, repairs and renovations for a home you do not live in and the tax system all affect your bottom line. Indeed, the Guardian report the number of landlords with multiple properties is falling thanks to
Read MoreHow Can You Finance a Renovation of Your Rental Property?
Owning rental property is something of an aspiration, a solid investment in the future that, if managed right, can be lucrative for you as you move towards retirement. It is not without problems, of course, tenant management, repairs and renovations for a home you do not live in and the tax system all affect your bottom line. Indeed, the Guardian report the number of landlords with multiple properties is falling thanks to
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Am I Eligible for a Business Interruption Loan?
Millions of businesses have been affected in some way by the coronavirus and the UK government was quick to respond with a Business Interruption Loan running from March to September 2020, offering loans of up to £5 million, which the bank will cover interest-free for the first 12 months. Those companies particularly in hard-hit industries such as travel, aviation, events and hospitality are strong candidates, but many other businesses on
Read MoreThe Best Loan Management Software Companies in the UK
Since our recent blog post on how to start a loans company, we have received a lot of enquiries by people looking to start a new business in the payday and guarantor sector. Very often, we are also asked what is the best loan management software for lenders and with several companies in the UK offering their services, we wanted to give you an overview of the different companies that
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Paragon Provides £17.5m Support for UK Guarantor Lender
One of the largest guarantor lenders in the country, UK Credit, has recently secured £17.5 million in funding from UK-based bank Paragon. Paragon offers structured, secured funding to help lending businesses throughout the UK to grow. Paragon’s lending services excludes other banks, and will only consider funding for “non-bank” lending businesses such as UK Credit. Paragon has already helped to provide more than £130 million in funding for numerous
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