Recent content by Marcus A. Wright

  1. Marcus A. Wright

    Business mortgages?

    Hi Jay, Yes you can take out a commercial mortgage/loan to purchase a unit that you trade from. Criteria varies between lenders, I would be happy to take a look at your options for you and arrange a quote. Thanks
  2. Marcus A. Wright

    HSBC alternative

    I have been very happy with my Starling Business Account, it shows you what payments are due to come in/out your account in advance which is handy.
  3. Marcus A. Wright

    How Many Years Should I Store My Accounts For?

    Probably easier to ignore them and pretend they are not there than sort through them all ?
  4. Marcus A. Wright

    Starling Bank - best sole trader account?

    I use Starling for one of my business accounts and it works very well, prefer it to Tide and other high street banks I have used.
  5. Marcus A. Wright

    Bridging Finance

    Difficult to answer really, if bridging finance really is the only option then its up to you to weigh up the costs vs benefits. Does the business comfortably afford the monthly servicing of the loan? Also what efforts have you put into sourcing a commercial term loan? Have you just approached...
  6. Marcus A. Wright

    Accountancy fees. Reasonable?

    It sounds pretty steep to me based on what you have said, especially if you are receiving poor service. You will certainly find a much cheaper accountant but it may be worth asking some of your local contacts for recommendations and getting quotes.
  7. Marcus A. Wright

    HELP NEEDED WTH BOUNCE BACK LOAN APPLICATION

    As others have mentioned, trading through a personal bank account for a LTD company is never a good idea. There are a few Bounce Back Loan Scheme providers that are still offering loans outside the banks but restricted to certain postcode areas and also specific industries. For example I know...
  8. Marcus A. Wright

    Can you secure lending against invoices?

    Yes seems like a very pleasant place this forum, only the "Big Shots" are allowed to comment it would appear.
  9. Marcus A. Wright

    Tools for Managing Cash Flow

    I just use Xero which works fine but then again my business cashflow is fairly simple, not really looking for anything else
  10. Marcus A. Wright

    The New Business Recovery Loan Scheme

    Well there have been very few details released yet about the Recovery Loan Scheme. However based on how CBILS has worked, I would think its unlikely to be available for a brand new company/development. That then leaves you with standard development finance, you can usually finance 50-70% of the...
  11. Marcus A. Wright

    Is your networking working?

    I would say I am pretty experienced at business networking and have probably attended hundreds of event over the years. However what I have realised is there is much better uses of my time. Building one to one relationships with very specific people is way more valuable than spending two hours...
  12. Marcus A. Wright

    Any actuall small business ideas in the UK for 2021?

    All I would say is that ideas are ten a penny and "most" businesses make money. An amazing new idea or invention is not needed to set up a successful business. A good small business idea is doing something you have a skill in or are knowledgeable about. Find a boring but profitable business...
  13. Marcus A. Wright

    New Member: Greetings From Bolton Business Finance

    Hey everyone, My name is Marcus Wright and I am the owner of Bolton Business Finance Ltd. As you may of guessed we are based in Bolton, north west England. My company is a commercial finance brokers, assisting business owners and property investors all across the UK. Looking forward to getting...
  14. Marcus A. Wright

    We help business owners and property investors source loans, mortgages and alternative finance...

    We help business owners and property investors source loans, mortgages and alternative finance. More info at bolton-finance.co.uk
  15. Marcus A. Wright

    I am the owner of Bolton Business Finance Ltd, we are a Commercial Finance Brokers covering all...

    I am the owner of Bolton Business Finance Ltd, we are a Commercial Finance Brokers covering all of the UK.
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