How Business Finance Services Ltd Helps You Fund, Launch, and Grow a Successful Business
Starting a business is one of the most rewarding decisions an entrepreneur can make. It is, however, one of the most challenging. From turning an idea into a viable business plan, to securing the right finance and then sustaining growth, every stage requires informed decisions. Business Finance Services Ltd (BFS) exists to guide you through…
Fuelling Growth for IFAs
How Strategic Commercial Finance Unlocks Expansion Opportunities In today’s highly competitive financial advisory landscape, independent financial advisers (IFAs) face increasing pressure to scale, differentiate, and secure long‑term stability. Whether through acquisition, refinancing, or restructuring existing borrowing, access to the right blend of commercial finance can be the catalyst that transforms an ambitious IFA practice into…
UK AI sector raises £20bn in private capital
City AM reports that Britain’s AI sector has gained momentum. In excess of £20bn has been raised in private capital in the past year, according to the Startup Coalition’s latest AI index. The combined valuation of British AI firms exceeds £45bn, with business services attracting £8.3bn. Despite this growth, confidence in AI remains uneven. According…
Chinese importers benefit from Tax loophole
The chief executive of Associated British Foods, (owner of Primark), has warned that the Government’s delay in addressing a tax loophole benefits Chinese firms and is harming UK retailers. He has urged ministers to eliminate a rule allowing firms like Shein and Temu to ship parcels worth up to £135 without duty. While Chancellor Rachel Reeves…
Falling costs of Building projects
The Times reports that the average cost of building projects has dropped significantly, falling 14% over the past year and 25% below its 2023 peak, saving homeowners around £2,000 per project, according to Checkatrade. The decline is driven by cheaper, more stable material prices, calmer labour cost increases, and the disappearance of “supply risk premiums”…
Good news on UK Exports – Financial services hit record surplus.
It is reported by CityUK that the UK financial services sector achieved a record trade surplus of £95bn in 2024. This was a 15% increase from 2023. The good news is that this positions the UK as the world’s largest net exporter of financial services, surpassing the US and other leading nations. If one includes…
Vehicle Tax change forces firms to rethink vans.
The Times reports that businesses are reconsidering their vehicle choices. This is due to new tax rules introduced by Chancellor Rachel Reeves. The problem is that the changes classify double-cab pick-up trucks as cars for tax purposes. This potentially doubles the tax bill for employees. Simon Down from Deloitte said: “Taking these vehicles under the…
Two-thirds of banks close since 2015
Analysis by consumer watchdog Which? shows that 67% of bank branches in the UK have closed over the past decade. There have been 6,609 closures from January 2015 to December 2024. NatWest led the closures with 1,431 branches, followed by Lloyds Banking Group with 1,252. Meanwhile, 1,230 Barclays branches have closed, as well as 477 Santander sites and 743…
The explosion of new ‘Alternative Funders’ and Fintech providers and who to choose?
The World of Commercial Finance has seen a great number of changes over recent years. We have seen a proliferation of types, and providers, of commercial finance. For example: Equity crowdfunding, unsecured loan-based crowdfunding, rewards-based crowdfunding, spot factoring, merchant cash advances, pension-led funding, Government start-up loans. These are all types of funding that have grown…
Building a Route to Success!
Owning and running your own business can often be very challenging. It can lead to one feeling exposed to all of the responsibilities involved. It can certainly be a lonely place. We all make mistakes in business. The important thing is to learn from them, and don’t be afraid to take advice from others to…
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e-mail : enquiries@bufinserv.co.uk
