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Funding Options Blog

The growth hub for small and independent businesses

What is a creditor

A creditor is an individual or business that lends money to another individual or business through providing products or services to them. As soon as they provide the service or product or simply give the loan they become a creditor as they’re owed the money back.

1 Aug 2021

Can you change your business energy supplier?

Like individual consumers or households, some businesses stick with the same energy supplier for years – decades, even. But changing business energy supplier can help you keep your expenses under control. Could you be saving capital by switching today?

28 Jul 2021

What are debtor days and why do businesses use them

Debtor days refers to the time a business waits to be paid by their customers which can be anything from 10 to 90 days, depending on the size of the business and the product or service they trade. Debtor days are usually compared to stock days which refers to how long you have stock for tying up cash flow until it’s sold.

27 Jul 2021

5 common myths about green finance

Green finance is designed to fund sustainable businesses and business activities. However, a few remaining misconceptions about the costs and benefits of green finance mean some businesses are putting their initiatives to transition to net-zero on hold. Here’s why it’s time to lay any doubts aside and turn those green ideas into a reality.

26 Jul 2021

Funding Options bolsters leadership team with experienced CFO appointment

Ian Savage brings wealth of fintech and financial services knowledge alongside particular expertise in driving growth.

26 Jul 2021

Can my clients use hire purchase finance to access the super-deduction?

If your client needs to purchase equipment or machinery for their business but they don’t have the cash to buy it up front, hire purchase could be just what they need. What’s more, hire purchase can be used as part of the government’s super-deduction capital allowance.

25 Jul 2021

Tech Debt? What Tech Debt?...Exactly.

In our latest tech-focused article, Funding Options’ Front End Tech Lead Tom Parsons kills Tech Debt. Yes, you heard us correctly! Read on to find out how Tech Debt’s demise has helped Tom and his team drive greater efficiency within our organisation.

21 Jul 2021

Fundings Options and Love Energy Savings partner to help SMEs get best offers in utilities

Collaboration will mean SMEs can secure finance and energy products at competitive rates from multiple providers via a single marketplace.

19 Jul 2021

What does the mass exodus from London mean for businesses?

Some headlines would have you believe that people are leaving London in their droves, leading to a redistribution of businesses across the UK. But is this really the case? We take a closer look at the facts to determine how this shift could impact businesses.

18 Jul 2021

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