Shortly after the 2008 financial crisis, a £25m turnover plant hire business found itself with lower margins, short of working capital and in serious arrears on many of its hire purchase agreements. Its bank of many years decided enough was enough and requested that the business move its invoice discounting facility elsewhere. The various Hire […]
Raising funds should be easy, there is a lot of money about. If you follow the rules, raising money for your business is straightforward but it isn’t easy.