Blog
14/12/2018
What happens when a business is either starting to grow too fast, or its customers are paying too slowly? Simply stated, a cash crunch is a highly likely result when companies grow at the expense of their sales becoming more and more dependable on receivables. This is where factoring comes in as an option likely to help turn a business's cash flow in the right direction.Factoring in a nutshell:When the business sends a customer an invoice,...
14/12/2018
It is hard to come up with any more accessible means of financing than obtaining a solid business loan. Whether you are a new or established business, a loan enables any business to get the ball rolling without too many complications.In the first part of this post, we went through some of the common types of business loans such as term loans, small business administration loans, merchant cash advances and startup loans.. Let us now guide you...
14/12/2018
It is hard to come up with any more accessible means of financing than obtaining a solid business loan. Whether you are a new or established business, a loan enables any business to get the ball rolling without too many complications.First things first, the process of applying for and obtaining a business loan can take as little as a few days. Let us guide you through the most common types of business loans in order to make it easier for you to...
01/11/2018
Implementation of the agreement on the withdrawalof the United Kingdom from the EU * By Theodoros MantisOn 23 June 2016, the majority of the UK's electorate voted to leave the European Union. As a result "Brexit" is expected to become effective on 29 March 2019 after the negotiations on the terms of the Withdrawal Agreement between EU and UK are finalised. In Cyprus, in September 2018, the Civil Registry and Migration...
31/10/2018
Understanding the key differentiating factors between a financial services institution and a bank primarily involves, considering the distinction between the provision of a ‘good’ and the intermediation of a ‘service’. As much as Banking exists as a subset of the financial services sector, it is equally true that not all bank services are strictly defined as financial services.As per the International Monetary Fund’...