Explainer
Guides in the “Explainer” category.
- Explainer
Business loan interest rates: how UK lenders price a loan
How UK lenders set business loan interest rates, what drives the rate your company is offered, APR vs flat and factor rates, and how to compare the total cost.
11 October 2026
- Explainer
Invoice finance costs: what you pay and how to compare quotes
Invoice finance costs explained: the service fee, the discount charge, other fees to look for, a worked illustrative example and how to compare quotes fairly.
11 October 2026
- Explainer
What is working capital? A plain-English guide for UK companies
What working capital is, how to calculate it, how the working capital cycle ties up cash, practical ways to improve it and the finance options that can support it.
11 October 2026
- Explainer
Merchant cash advance factor rates: what they mean and how to work out the cost
A plain-English guide to merchant cash advance factor rates: how to turn a factor rate into a cost in pounds, and why comparing it with a loan APR is tricky.
11 October 2026
- Explainer
What is a debenture? Fixed and floating charges explained for UK companies
What a debenture is, how fixed and floating charges work, why charges are registered at Companies House within 21 days, and how a debenture affects future borrowing.
11 October 2026
- Explainer
How much can my limited company borrow?
How lenders decide how much a limited company can borrow: turnover, affordability, debt service cover, security, trading history and credit.
29 September 2026
- Explainer
Regulated vs unregulated business finance: what it means for your company
Why lending to limited companies and LLPs is usually unregulated, who the consumer credit rules protect, and what that means before you sign.
29 September 2026
- Explainer
What is a personal guarantee on a business loan?
What a personal guarantee is, why lenders ask for one, the risks for directors, and what to check before you sign.
29 September 2026
- Explainer
Unsecured business loans: what UK lenders look at
What lenders assess when a limited company or LLP applies for an unsecured business loan, and how to prepare a stronger application.
29 September 2026