Sample 1 - Blog #fundingSample 1 - Blog #fundinghttps://lololol.zohosites.com/thoughts/tag/fundingSat, 03 Aug 2024 22:31:09 -0700http://zoho.com/sites/<![CDATA[How to Review Your Funding Arrangements this Year]]>https://lololol.zohosites.com/thoughts/post/How-to-Review-Your-Funding-Arrangements-this-Year

5 Reasons: Why this is the perfect time to review your funding arrangements

Whether you're a small business owner or someone just starting out in the world of entrepreneurship, reviewing your current funding arrangements can be a daunting task. But it's also something that can be hugely beneficial.

When done correctly, you can make sure that you're getting the most out of your funding and that it's working for you and your business. That's why now is the perfect time to take a look at your funding arrangements - and this blog article will show you why.

Keep reading to find out the top five reasons why you must review your funding arrangements now.

1. You may be able to get better terms

If you've been with your current lender for a while, it's worth checking to see if you can get better terms. This is especially true if your business has grown and changed since you first took out the loan. It's always worth negotiating with your lender - you may be surprised at what you can achieve.

2. Your business has probably changed since you first got funding

It's highly likely that your business has changed in some way since you first got funding. Perhaps you've added new products or services, or expanded into new markets. This means that your funding needs may have changed, too. Reviewing your arrangements now will help you to make sure that your funding is still fit for purpose.

3. Interest rates may have changed

Interest rates are always changing, and this can impact your business in both positive and negative ways. Reviewing your funding arrangements now will help you to make sure that you're getting the best deal possible.

4. You might be able to get a lower rate

As well as looking for better terms, it's also worth checking to see if you can get a lower interest rate. This is especially true if interest rates have fallen since you first took out your loan.

5. You might be able to find a more flexible lender

Flexibility is always important in business, and this is especially true when it comes to funding. You never know when you might need to make a change to your arrangements, so it's always worth having a lender who is willing to be flexible.


This blog article has looked at five of the key reasons why now is the perfect time to review your funding arrangements. Remember, your business is always changing and evolving, so it's important to keep your financing options up-to-date. 

If you need help getting started, why not speak to a business financing expert? They can assess your needs and give you tailored advice on the best way to move forward.


Taking the time to review your funding arrangements can be a valuable exercise for any business owner. 


By doing so, you can make sure that your funding is still fit for purpose and that you're getting the best deal possible. So what are you waiting for? Get started today! Click Get Started Now


#GICCapital #funding #arrangements #review #business #growth #investment #perfecttime

]]>Sun, 08 Jan 2023 00:00:01 -0800<![CDATA[What are a company's core values?]]>https://lololol.zohosites.com/thoughts/post/What-are-a-company-s-core-values

How to Define Your Core Values: The Secrets to Building a Successful Company 

As a small business owner, you know the importance of having a clear and defined set of values. Your core values guide everything you do, from the products and services you offer to the way you treat your employees. 


In this post, we'll explore why core values are so important, and how you can go about defining your own.

Having a clear set of values is important for any business, but it's especially crucial for small businesses. This is because small businesses are typically built around the vision and values of the owner. Your values will shape the way you run your business, and they'll be the foundation upon which you make all of your decisions.

Defining your core values is the first step in building a strong foundation for your business. But how do you go about doing that? Here are a few tips:

  • Think about what's important to you. What do you believe in? What do you stand for? These are the things that should be reflected in your core values
  • Keep it simple. You don't need to have a long list of values; just a few key principles that you can stand behind.
  • Make sure your values are relevant to your business. They should guide the way you operate and help you make decisions that are in line with your goals.
  • Be prepared to live by your values. Your core values should be more than just words on a piece of paper; they should be something you actively practice in your business.


Your core values are an important part of who you are as a business owner. They should be something you're proud of and excited to share with your employees and customers. By taking the time to define your values, you'll be setting your business up for success.


Tips on inspiring company values: There are many ways to show your company values. Here are a few examples:

  1. Put your people first
    This may seem like an obvious one, but it can be easy to forget when you’re trying to run a business. Putting your employees first will not only make them feel valued, but it will also make them more productive.
  2. Be transparent
    If you want your employees to trust you, you need to be open and honest with them. This means being transparent about your business decisions and sharing information about the company’s finances.
  3. Promote from within
    One way to show your employees that you value them is to promote from within. This sends the message that you are willing to invest in your employees and that you believe in their ability to grow within the company.
  4. Invest in your employees
    Investing in your employees shows that you value their development and are willing to invest in their future. This can be done through training and development programs, as well as tuition reimbursement.
  5. Communicate
    Effective communication is essential in any business, but it’s especially important in a values-based company. You need to be clear about your company values.

How to embed your company values

Your company values are the foundation of your business. They guide your decision-making, shape your culture, and influence your bottom line. 

  • But how do you ensure that your values are more than just words on a page? 
  • How do you make them part of your company DNA?


Here are four ways to embed your company values into your business:

  1. Practice what you preach.
    Your employees are watching you. If you want them to live and breathe your company values, you need to do the same. Walk the talk by modelling the behaviour you want to see in your team.
  2. Communicate, communicate, communicate.
    You can’t embed your company values if your team doesn’t know what they are. Make sure everyone understands your values and how they fit into your company culture. Communicate your values often, in both formal and informal settings.
  3. Put them into practice.
    Your values should guide your day-to-day decision-making. When you’re faced with a difficult decision, ask yourself: which option aligns best with our values? This will help to ensure that your values are more than just words on a page.
  4. Reward and recognize


Here are answers to some frequently asked questions about company values.

  1. What are company values? 
    Company values are the beliefs, philosophies, and principles that guide the actions and decisions of a company and its employees. They shape the culture and define the character of the organization.
  2. Why are company values important?
    Company values are important because they provide a framework for how employees should behave and make decisions. They help create a cohesive and aligned organization and can be a powerful tool for attracting and retaining top talent.
  3. What are some examples of company values?
    Some examples of company values are integrity, accountability, teamwork, respect, and excellence.
  4. How can company values impact employees?
    Company values can impact employees in a number of ways. They can help foster a positive work environment, improve communication and collaboration, and increase employee engagement and satisfaction.
  5. What role do company values play in the success of a business?
    Company values play a vital role in the success of a business. They can help guide strategic decision-making, inspire employee loyalty and motivation, and build customer confidence and trust. 

Growing your business is never easy but with the right funding it’s possible. Unlock the growth of your business with 
GIC Capital and get the capital you need to expand. #GICCapital #DreamBig #GrowYourBusiness
]]>Fri, 16 Dec 2022 08:25:54 -0800<![CDATA[Financial statements—what they are and why you need them]]>https://lololol.zohosites.com/thoughts/post/Financial-statements—what-they-are-and-why-you-need-them

Learn the Facts About Business Financial Statements

Business requires a basic understanding of financial statements.  The purpose of business financial statements is to provide information about the financial condition and results for an organization.  Financial statements provide information about an organization’s assets, liabilities, income and or retained earnings.

Income Statement (also known and Profit & Loss Statement)

The income statement is one of the most important, as it provides a snapshot of a company's profitability. In this post, we'll take a closer look at what an income statement is, and how it can be used to assess a business's performance.


An income statement, also known as a profit and loss statement, is a financial document that outlines a company's revenues, expenses, and profits over a specific period of time. This information is used to assess a business's financial health and performance.

The income statement can be used to assess a number of different things, such as a company's ability to generate revenue, its operating costs, and its overall profitability.


Additionally, it can be used to compare a company's financial performance over time, or to compare it against other businesses in its industry.

When reading an income statement, it's important to keep in mind that there are a few different ways to measure profitability. The most common metric is net income, which is measured as revenues minus expenses. However, there are other measures of profitability, such as gross margin and operating margin, which can provide additional insights. No matter how you choose to assess it, the income statement is an essential tool for understanding a company's financial health. 


By understanding what an income statement is and how it can be used, you'll be better equipped to make informed decisions about your business.

Balance Sheet

The balance sheet is another financial statement that business owners need to be aware of. The balance sheet provides a snapshot of a company's assets, liabilities, and equity. This information is used to assess a company's financial position.


The balance sheet can be used to assess a number of different things, such as a company's liquidity, its debt-to-equity ratio, and its working capital. Additionally, the balance sheet can be used to compare a company's financial position against other businesses in its industry. By understanding what a balance sheet is and how it can be used, you'll be better equipped to make informed decisions about your business.


In order to make informed decisions about your business, it's important to understand the different types of financial statements. These statements can provide valuable insights into a company's profitability, operating costs, and overall financial health. 


By understanding what each statement is and how it can be used, you'll be better equipped to make informed decisions about your business.

Cash Flow Statement

A cash flow statement is one of the most important financial statements for a business. A cash flow statement tracks all the money flowing in and out of a business. This is important because it allows business owners to see whether they are making or losing money.


There are three types of cash flow:

  • operating,
  • investing, and
  • financing.

Operating cash flow is the most important, because it shows whether a business is generating enough cash to pay for its day-to-day expenses.

Investing cash flow is important for businesses that are looking to grow, because it shows how much money is being reinvested back into the business.

Financing cash flow is important for businesses that have debt, because it shows how much money is being used to pay off debts.

Why are business financial statements important to understand?

Financial statements are important to understand for a variety of reasons. 


Firstly, they provide insights into a company's overall financial health. This is important for both shareholders and creditors, as it gives them an indication of whether or not the company is a good investment. 


Secondly, financial statements can be used to identify trends and make predictions about a company's future performance. This is important for managers, as it allows them to make informed decisions about where to allocate resources. 


Finally, financial statements are also a useful tool for tax purposes. They can be used to calculate a company's tax liability and to determine whether or not it is eligible for certain tax breaks.

Business Lending: How to banks use financial statements for business credit assessment?

Banks use financial statements to get a clear picture of a business's financial health. This information helps them determine whether or not a business is a good candidate for a loan.


The first step in credit assessment is to examine the business's balance sheet. This document provides a snapshot of the business's assets, liabilities, and equity. The goal is to identify any red flags that could indicate financial problems.


Next, banks will look at the business's income statement. This document shows how much revenue the business has generated and what expenses it has incurred. This information helps banks determine if the business is generating enough cash to repay a loan.


Finally, banks will review the business's cash flow statement. This document shows how much cash the business has on hand and how it is being used. This information helps banks determine if the business has the financial resources to repay a loan.


By carefully reviewing a business's financial statements, banks can get a clear picture of the business's financial health. This information helps them determine whether or not a business is a good candidate for a business loan, business overdraft, revolving credit facility, term loan or commercial mortgage.

]]>Tue, 08 Nov 2022 22:07:45 -0800<![CDATA[The Best Lending Options for Your Business]]>https://lololol.zohosites.com/thoughts/post/The-Best-Lending-Options-for-Your-Business

Business Funding Options Explained

The type of business lending facility you choose can have a big impact on your business. In this blog post, we'll explore the different types of business lending facilities available, and help you choose the best one for your business.

There are various forms of lending facility, and the facility selected should be appropriate to the borrower’s requirements and circumstances.

Lending to businesses takes one of three general forms:

  • a bank overdraft.
  • a revolving line of credit, often known as a revolving credit facility.
  • a term loan or commercial mortgage.

Each form of lending has its own advantages and disadvantages, so it’s important to choose the right one for your business. Let’s take a closer look at each:


Bank Overdraft

A bank overdraft is a temporary borrowing arrangement that allows you to dip into your account when you need to, up to an agreed limit. This can be a useful way to manage your cash flow, as you only pay interest on the money you use. However, an overdraft is a short-term solution, and you may be charged fees if you go over your limit. Additionally, your bank may call in your overdraft at any time, which could leave your business in a difficult financial position.

Summary: overdraft features

  • A bank may agree to provide a customer with an overdraft facility, up to a stated amount (overdraft limit), for a stated period of time. The overdraft is repayable on demand.
  • An overdraft facility may be renewed when it expires; there is no formal repayment plan.
  • The facility operates through the borrower’s current account.
  • An arrangement fee is normally charged by the lender on agreement of the overdraft facility, and then annually on renewal of the facility.
  • Interest is charged on the daily overdrawn balance on the account.
  • The rate of interest payable on an arranged overdraft is subject to negotiation between the parties, and it is usually set out in an overdraft facility letter from the bank to the customer.
  • Interest is payable only on the overdraft balance, not on the total amount of the overdraft facility. A customer with an overdraft facility whose current account is in credit will therefore not pay any interest, so long as the account remains in credit.
  • A customer may repay an overdraft without giving notice. This differs from a term loan, where the customer may terminate the loan early but usually only by giving notice to the bank, and possibly also on payment of a pre-payment fee.

Revolving Credit Facility

A revolving credit facility is a form of lending that allows you to borrow money up to an agreed limit, and then repay it over time, with interest. This can be a flexible way to manage your cash flow, as you can repay the loan as and when you have the money available. However, you may be charged fees for using the facility, and the interest rate may be higher than for other forms of lending. Additionally, the lender may reduce your credit limit at any time,which could leave your business in a difficult financial position.

A revolving credit is similar in many ways to a bank overdraft, but:

* It is managed through a separate loan account and not the borrower’s ordinary bank account; and
* The borrower makes continual use of some of the facility, so that the balance on the account never becomes positive.


A revolving line of credit is also agreed for a given period, during which the borrower can draw on funds up to the agreed limit. Unlike a bank overdraft, the bank is committed to making the funds available throughout the term of the lending agreement.

Revolving lines of credit may be provided to businesses to finance working capital. As a business spends and receives cash, its working capital fluctuates in amount and its net cash flows vary. As a result, its need to borrow changes continually.


Term Loan or Commercial Mortgage

- Term Loan

A term loan is a form of lending that allows you to borrow a lump sum of money over a fixed period of time, usually at a fixed interest rate. This can be a useful way to finance a major purchase or investment, as you know exactly how much you will need to repay each month. However, if you miss a payment, you may be charged fees, and your interest rate may increase. Additionally, the lender may require you to provide collateral, such as your home, to secure the loan.

- Commercial Mortgage

A commercial mortgage is a form of lending that allows you to borrow money to buy a commercial property. This can be a useful way to finance your business, as you can use the property as security for the loan. However, you may be charged fees for using the facility, and the interest rate may be higher than for other forms of lending. Additionally, the lender may require you to provide collateral, such as your home, to secure the loan.


Other options

Other lending options may be preferred in some situations. For SMEs, these options include asset leasing and factoring of trade receivables.

  • Asset leasing

    a borrower (lessee) acquires the possession and use of an asset from a lender (lessor) for an agreed period, often several years. A leased asset for a business is a fixed asset, such as a car or truck. The lessor is a finance company (perhaps a subsidiary company of a bank), another finance leasing company, or the manufacturer of the leased asset. The lessee has possession and use of the asset but makes regular payments to the lessor, who remains the legal owner of the asset (although the lessee may have an option to purchase the asset at the end of the lease term). Asset leasing therefore involves acquiring and using a fixed asset without purchasing it, but instead making a series of payments to the lessor over the term of the lease agreement.

  • Factoring (or invoice discounting) of trade receivables:

    a specialist debt-factoring company (which may be a subsidiary company of a bank) takes over collection of the trade receivables for a client and lends money to the client against the security of future cash income from eventual receipt of payments by the client’s credit customers. Factoring is a specialist form of secured financing of working capital (trade receivables). With invoice discounting, the borrower retains the responsibility of collecting the monies due from their customer.

Purpose of security

A decision to lend to a business customer should be based on the borrower’s expected ability to repay out of the net cash inflows from business operations. Security should not be seen as the probable source of repayment (unless sale of that asset is the means of repayment, such as a property bridging loan).

 

Which Lending Facility is Right for Your Business?

The right lending facility for your business will depend on your individual circumstances. If you need a short-term solution to manage your cash flow, an overdraft or revolving credit facility may be the right choice. However, if you are looking to finance a major purchase or investment, a term loan or commercial mortgage may be a better option. Be sure to speak to GIC Capital advisers to discuss your options and find the right solution for your business.

Finance is needed for working capital because a business must incur and pay for expenditures before it receives money from sales to customers.


Take the stress out of managing cash flow and focus on running your business...
]]>Mon, 08 Aug 2022 02:15:00 -0800<![CDATA[UK Government Covid-19 Business Loans Repayment]]>https://lololol.zohosites.com/thoughts/post/UK-Government-Covid-19-Business-Loans-Repayment

Alternative funding a vital lifeline for businesses in the coming months.

As the Government loan schemes supporting businesses during Covid-19 gradually come to an end, many borrowers now face sizeable repayments, and with the economy still recovering, securing some additional funding could prove a vital lifeline for businesses in the coming months.

Companies in the UK face an increasingly uncertain future, with rising inflation and slowing growth leading to weakening consumer confidence. More than 2,000 businesses could face significant repayments in the coming months, according to Close Brothers Asset Finance. With the small-business funding gap expected to reach £7.6bn, many businesses are facing an uncertain future, with no way of securing extra capital when they need it most. The UK government has announced plans to invest £10m in a new “Business Finance Partnership”, but more needs to be done.

To find out more about business finance, visit us at www.giccapital.co.uk -  Businesses which have taken advantage of government loan schemes to support their growth during what has been a challenging time, now face the prospect of sizeable repayments due. 

Businesses with outstanding loans should ensure they are able to repay them, or seek alternative funding. If you're struggling with regular debt repayments, then contact your lender immediately and seek alternative funding. If you have a business loan from one of the big banks, consider approaching a broker or independent bank for help. If you're using small business finance to start a new venture, review your cash flow projections so you can better manage your repayments. If your business is in need of finance then you should also consider approaching an alternative lender. 


Before applying for a loan, make sure to review your cash flow projections so you can better manage any repayments. To apply for a loan you will need to gather the relevant documents along with your business plan. Without this information, it will be hard to gain approval if you are short on collateral. 


What documents do I need to apply for a loan? To apply for a business loan, you’ll need the following information: 

  • Bank statement: You’ll need your business bank statements for the past six months.
  • At least one years full and filled unabbreviated accounts
  • A list of all existing debt, lender, balance and monthly repayments where applicable
  • etc

Are you tired of the run around from your bank? You are not alone. Research shows that 92% of businesses are dissatisfied with their bank. GIC Capital can help you get the funds you need to grow your business. Call 02032909019 to connect with an advisor.

]]>Sun, 01 May 2022 03:21:00 -0800<![CDATA[Why is it difficult for small businesses to find money to grow?]]>https://lololol.zohosites.com/thoughts/post/Why-is-it-difficult-for-small-businesses-to-find-money-to-grow

How can small businesses find money to grow?

Some common funding sources for small businesses


When we refer to a "small business", we usually mean those with between one-and-five employees that have a turnover of less than £2.5m or an annual income between £100,000 and £500,000. It's also worth remembering that many small businesses are sole traders or partnerships without employees.

When you think about the types of business that fit into this category, you'll probably think of local shops, cafés, restaurants and so on – but the range is much wider than that. For example, many new businesses will start off as one-man bands or home businesses, and there's some really exciting stuff coming out of this area right now. New businesses such as online marketplaces like Etsy or food delivery services like Deliveroo are growing rapidly, which points to the wider category of digital business models being embraced by entrepreneurs with limited funding options.

One of the main reasons that it can be difficult for small businesses to find money to grow is that they often don't have much in the way of collateral. This can make it tough to get loans from banks, as lenders will typically want some kind of security before they're willing to give out a loan.

Another reason why small businesses might struggle to find funding is that they simply don't have the same track record as larger businesses. For example, a new business is unlikely to have the same level of revenue or profit as a more established company, which can make it harder to secure investment.

Finally, many small businesses operate in niche markets, which can limit their options when it comes to finding investors. For instance, if you're running a specialist retail business then there may not be many people who are willing to invest in your company due to its narrow focus.

One of the best ways for small businesses to find funding is through government grants. There are many different types of government grants available, and each one has its own eligibility requirements. However, the process of applying for a grant can be time-consuming and competitive.

Another option for small businesses is to raise money through crowdfunding platforms such as Kickstarter or Indiegogo. With crowdfunding, businesses can reach out to a large number of potential investors at once and get them to pledge money towards their project or product. The downside of this method is that it can be difficult to reach your fundraising goal, and you may not get funded if you don’t meet your target.

Finally, small businesses can also look into venture capital firms as a source of funding. Venture capitalists are willing to invest in high-risk projects in exchange for a percentage of ownership in the company. However, getting venture capital funding can be difficult as they typically only invest in companies that have the potential to generate a lot of revenue.


Grow your business with flexible business finance...

]]>Sat, 30 Apr 2022 03:14:00 -0800<![CDATA[Financing is essential to the success of any business.]]>https://lololol.zohosites.com/thoughts/post/Financing-is-essential-to-the-success-of-any-business.

Business Finance: Unlocking Your Business's True Potential

Whether you’re starting your business or growing it, you need to know how to get the money that you need, when you need it. You may have heard of business credit cards and merchant accounts; they're two of the many financing tools available to help you scale your business.


Business Loans:

Businesses need to be aware of the various ways to finance their enterprises. Deciding on the right approach for your venture may depend on the current circumstances. There are many lenders that offer business loans that can help you grow your business. Although there are different types of financing options, a business loan may be the best option for you.

Overdrafts:

Overdrafts are short-term loans tied to your account balance, which means you can borrow money whenever you need it. The interest rates for overdrafts are usually higher than interest rates offered for loans or lines of credit, but overdrafts often cost less than bounced checks. The downside is that overdraft charges vary widely depending on the bank.

But if you're looking for immediate cash flow, an overdraft might be the right option for you.

 

Invoice Finance:

Send invoices and get paid faster. With Invoice Finance, you can invoice clients with the push of a button, keep track of all your outstanding invoices, and manage late payments.


Merchant Cash Advance (MCA) is an alternative to traditional bank financing. MCA is a non-recourse loan that allows your business to benefit from the cash flow you generate right away. MCA can be a short-term financing solution for your business, but it's important to understand the terms and conditions of this loan. With MCA, your business receives a line of credit that is based on the amount you collect from customers at the time of purchase.


Securing a commercial mortgage can be daunting. It can also be difficult to locate a lender that will address your specific business needs and offer the competitive rates you need to take advantage of opportunities as they arise.

Looking to grow your business but need funds? We can help match you with a lender who can get your business the capital it needs to grow. Call us now on 02032909019 to start a conversation about how we can help.


]]>Thu, 28 Apr 2022 06:23:35 -0800<![CDATA[Investment Property Mortgages: Funding for Property Developers]]>https://lololol.zohosites.com/thoughts/post/Investment-Property-Mortgages-Funding-for-Property-Developers

Residential and commercial property development is one of the biggest growth industries of the 21st century. 

Development Finance

Development finance offers an array of opportunities for those looking to invest in property development, irrespective of their budget. There are plenty of options available to those seeking property development finance and these can be split into two broad categories: equity and debt.

Equity Finance: If you already own property and want to develop it further, equity finance will enable you to do this with little or no borrowing. Most commonly, you will need to sell off existing properties and use the proceeds to acquire the new site as well as the capital needed for any capital works as part as the redevelopment. Equity can also be raised from a wealth fund, a family member, or a real estate private equity firm.

Debt Finance: If you don’t have your own funds, then you can apply for development finance from a bank or an alternative lender such as a specialist development lender with expertise in the property sector.

Buy To Let Mortgages
GIC Capital provides access to commercial mortgages for businesses that want to buy their own property or invest in property. 

Some of the benefits of working with GIC Capital and Buy-to-Let investments include:

  • Helping your business to grow,
  • Reducing risk and volatility,
  • Providing a natural hedge against inflation,
  • Access to capital without having to sell-out existing property into a market with significant downward pressure on price and
  • Boost profitability by freeing up lower interest rate cash flow.


GIC Capital provide options for UK small business commercial finance and real estate finance, including bridging loans, business loans, mortgages, and many other commercial finance options available. Call us on 0203 290 9019 today

]]>Thu, 11 Nov 2021 01:11:00 -0800<![CDATA[GIC Capital Launches Business Overdraft Service]]>https://lololol.zohosites.com/thoughts/post/GIC-Capital-Launches-Business-Overdraft-Service

Here at GIC Capital, we've launched a new service for firms seeking a business overdraft. 


The new addition will allow us to put our extensive business finance experience to use in a new field – matching ambitious companies seeking a new line of working capital with a vetted business overdraft lender. Mindful of the fact that many small businesses often rely on an overdraft function to help them achieve their growth objectives and alleviate cashflow issues, this service is tailored and fully personalised. 


We fully appreciate how difficult running a small business can be and know that sometimes, an overdraft is an invaluable lifeline. However, it’s not always easy to work out which product is the most suitable. Our new service is designed so that we can match businesses looking to get an overdraft facility in place with an experienced lender – one that truly understands the challenges and opportunities faced by small businesses in the current economic landscape.


The business overdraft service delivers a carefully vetted and highly flexible line of credit to the SME business owner, particularly those with ambitious growth forecasts. GIC Capital takes the role of impartial expert advisor, guiding the business to the most suitable facility. 


We’re passionate about helping small businesses seize every opportunity that comes their way and whether that means having more cash available to pour into a marketing campaign or immediate funds to purchase new inventory, we want to make that happen. Millions of businesses put off the search for a business overdraft because it can seem daunting or, they’ll turn to their regular bank or lender rather than research other options. Often, shopping around and taking a more detailed view of the marketplace can lead to a better deal – or at least peace of mind that the facility being offered by the usual bank is the most appropriate agreement for that business.


Our dedicated team works in collaboration with the borrower to streamline the process of getting a business overdraft facility set up. The entire process has been developed to be quick and stress free for the busy business owner. To get started, the borrower is asked to complete a single form online. An experienced GIC Capital team member is on hand to offer advice and smooth the pathway from initial enquiry to the overdraft function being made available. 


To ensure a frictionless experience, we work only with lenders that adhere to clear and transparent codes of practice, especially with regards to considerations such as the interest rate to be paid on the overdraft. 


Any business owner or director over the age of 18 is able to take advantage of the new GIC Capital service and, funds are made quickly available via a direct bank transfer or through means of a prepaid Business Plus MasterCard. This immediacy of funds means the overdraft can be put to work right away to benefit the small business concerned, helping to smooth out cashflow blips before they become a bigger problem. 


We aim to deliver much needed capital to start-ups and SMEs

Call Now +44 (0) 203 2909019

]]>Sat, 13 Oct 2018 01:40:54 -0800<![CDATA[Could a lack of trust in leadership be holding back your SME? ]]>https://lololol.zohosites.com/thoughts/post/Could-a-lack-of-trust-in-leadership-be-holding-back-your-SME


Discussions that took place during a Think Tank session held at Hotelympia in London earlier this year have revealed that a lack of trust in leadership could be stopping SMEs from reaching their full potential. 


The event was attended by a mix of entrepreneurs from a variety of sectors including the hospitality and sports industry and focused on discussions about company culture, as well as the changing face of business environments that are making way for younger talent. 


We at GIC Capital provide business leaders and entrepreneurs with vital funding resources to leverage their company’s potential and we’re concerned that a lack of strong leadership within businesses could be detrimental to UK SMEs, especially given the added financial pressures that a weak pound and uncertain Brexit are having on UK businesses. 


A number of UK industries are facing tough times at the moment and without strong leadership, many could face crippling under the pressures of the economy and the current business landscape. 


The hospitality sector, for example, is set to be negatively impacted by Brexit, especially given the fact that three million EU nationals currently work within the industry. With concerns as colossal as these hanging over the heads of business leaders and companies, the need for strong leadership that can inspire workers has never been more important.


Strong leaders should provide motivation and encouragement for their employees as well as boosting morale within the company and setting up appropriate reward schemes and benefits for businesses.


The Think Tank discussion also touched on the fact that the business leaders of the future, many of which will be from the millennial era, will have differing views on leadership thanks to their exposure to social media and higher education. 


SMEs that need access to finance for growth can rely on us to provide a plethora of financial services in the form of business loans, overdrafts and expansion capital. 


For more information visit our website.

We aim to deliver much needed capital to start-ups and SMEs

Call Now +44 (0) 203 2909019

]]>Sun, 12 Aug 2018 05:38:00 -0800