South West Business Finance is a broker of credit and not a lender . South West Business Finance is a trading name of Aspire Commercial Finance Limited Registered in England & Wales under No : 09076273 . Aspire Commercial Finance Limited is authorized and regulated by the Financial Conduct Authority ( 690089 ) also a member of the NACFB ( 06 / 0035 / CM ) funding solutions for your business and property needs
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A DECADE OF BUSINESS FINANCE DELIVERY FOR SWBF
This year , South West Business Finance ( SWBF ) celebrates its 10th anniversary .
Since 2014 the specialist broker has been finding funding solutions for businesses throughout Bath , Somerset and the South West – and let ’ s face it , that ’ s no mean feat when you consider what the past decade has thrown at us !
“ Over the past 10 years , we are particularly proud of the way we have managed to continue to source funding through unprecedented times ” Dan Smith , Founder
So , reflecting on the theme of 10 , here are 10 ways businesses can use business finance and 10 things you might not know about SWBF …
10 FACTS ABOUT SWBF
1 . The team has over 400 years of combined finance experience , with backgrounds mainly from HSBC and Lloyds . 2 . They have two office dogs - Digby and Mali . 3 . From property funding to cashflow loans , SWBF is committed to finding finance solutions for businesses of all kinds .
4 . SWBF started as a team of three and has grown to employ 20 people .
5 . With over 300 lenders in the market , SWBF prides itself on knowledge of specialist products that can be tailored to specific business needs .
6 . The team has a shared passion for rugby and sponsors a Bath Rugby player every year .
7 . Recently , SWBF has facilitated funding for iconic landmarks including Hartham Park in Corsham and the historic Bank of England building in Bristol .
8 . The team go the extra mile for charity , participating in various fundraising activities like walks , cycles , swims and mountain climbs .
9 . SWBF is a proud member of the Women in Finance Charter , actively supporting and championing the women in their team .
10 . The SWBF were whisked away to Barcelona to celebrate this milestone anniversary .
10 WAYS TO USE BUSINESS FINANCE
1 . Equipment Purchases - businesses can finance the purchase of equipment needed for operations . This can include machinery , vehicles , computers and specialised tools .
2 . Property Acquisition or Property Investment - financing options can be utilised to purchase or lease commercial properties such as office spaces , warehouses , retail stores or manufacturing facilities .
3 . Expansion Projects - businesses looking to expand their operations , whether through opening new locations , launching new product lines or entering new markets , often seek financing to cover the associated costs .
4 . Working Capital - financing can be used to maintain sufficient working capital to cover day-to-day expenses , such as payroll , inventory purchases , utilities and rent , particularly during periods of growth or economic downturns .
5 . Marketing and Advertising - businesses may need to source finance to invest in marketing and advertising campaigns to increase brand awareness , attract customers and drive sales .
6 . Technology Upgrades - keeping up with advancements in technology is essential for many businesses . Financing can be used to invest in software , hardware and other technology upgrades to improve efficiency and productivity .
7 . Inventory Management - financing can help businesses optimise their inventory management by providing funds to purchase inventory in bulk , take advantage of bulk discounts or adapt to seasonal fluctuations in demand .
8 . Research and Development - businesses focused on innovation and product development may use financing to fund research and development initiatives aimed at creating new products or improving existing ones .
9 . Training and Development - investing in employee training and development programs can improve workforce skills and productivity . Financing can cover the costs associated with training seminars , workshops , certifications and continuing education .
10 . Debt Consolidation - businesses with multiple outstanding debts may opt to consolidate them into a single loan with more favourable terms , such as a lower interest rate or longer repayment period , to simplify debt management and reduce overall costs .
SWBF provides a specialist , tailored service on a case-by-case basis to ensure it provides the right funding solution at the most competitive rate . The team has access to multiple lenders when finding funding solutions , offering a flexible approach depending on the needs of the business and managing the application process from start to finish . If you would like impartial advice on your business finance , contact the team at SWBF .
MONAHANS COPY FROM BATH
South West Business Finance is a broker of credit and not a lender . South West Business Finance is a trading name of Aspire Commercial Finance Limited Registered in England & Wales under No : 09076273 . Aspire Commercial Finance Limited is authorized and regulated by the Financial Conduct Authority ( 690089 ) also a member of the NACFB ( 06 / 0035 / CM ) funding solutions for your business and property needs
01225 800849 www . swbf . co . uk
THE BUSINESS EXCHANGE 2024 11