Finance firm gets national accreditation
A Berwick firm has been accredited as a nationwide business finance brokerage with the Financial Conduct Authority (FCA).
Company Funding Options Ltd is part of the KSA Group, based at the Chandlery, which also has Cheswick Capital and Company Rescue under its umbrella.
Managing director Keith Steven has many years’ experience of the different types of funding available to companies.
In that time, he has seen a large number of banks being absorbed into five or six huge monolithic clearing banks, some of which had to be rescued during the financial crisis by the Government.
Since then, an enormous number of new funding options have been made available to UK businesses so the KSA Group decided it would be sensible to build a database to keep tabs on the various products, services and options available for businesses.
Keith acknowledges it can be a confusing subject for businesses looking for funding as new funding companies and their products evolve.
“We have helped all forms of small businesses, with turnaround and restructuring advice for 25 years and we own and run small businesses,” he said. “So we understand that cashflow can often be tight, raising working capital can be very difficult and the main banks don’t seem to want to lend - despite their protestations to the UK Government.”
Company Funding Options is essentially a business funding comparison website to help businesses gain knowledge and find contacts within this specialist field, free of charge. It covers many varying types of funding, including asset finance, invoice finance, construction finance andunsecured loans to merchant cash Aadvance.