Finance

How Can SMEs Secure Financing When Banks Say No?
Sector Insights How Can SMEs Secure Financing When Banks Say No?

When traditional banks turn SMEs away, many business owners feel like their options are exhausted. However, alternative financing sources such as Community Development Finance Institutions (CDFIs) provide viable pathways for securing the necessary funds. This article delves into how SMEs can

Are You Aware of the Risks in Claiming R&D Tax Credits for SMEs?
Sector Insights Are You Aware of the Risks in Claiming R&D Tax Credits for SMEs?

The allure of R&D Tax Credits can be irresistible for SMEs looking to innovate while improving their cash flow. These credits, promoted as a federal incentive, have the potential to significantly enhance a company's financial standing. However, while the benefits are clear, so are the

CrowdStrike Unveils Financial Services to Boost Falcon Platform Adoption
Sector Insights CrowdStrike Unveils Financial Services to Boost Falcon Platform Adoption

CrowdStrike has recently taken a significant leap to enhance its customer offering with the launch of CrowdStrike Financial Services. This new initiative, announced on September 17, 2024, seeks to address key friction points in the cybersecurity procurement process by providing more accessible and

How Will Menna.ai Revolutionize Small Business Financial Management?
Sector Insights How Will Menna.ai Revolutionize Small Business Financial Management?

In a substantial move that underscores the urgent need for advanced financial tools in small business management, Menna.ai has secured a £500,000 investment. The funding round was driven by Simon Bell and the Rebel Syndicate along with the Development Bank of Wales’ Wales Angel Co-investment Fund. T

How Does the Growth Guarantee Scheme Support Small Businesses?
Sector Insights How Does the Growth Guarantee Scheme Support Small Businesses?

The UK Government's Growth Guarantee Scheme, launched in July as a successor to the Recovery Loan Scheme, is designed to assist small businesses by providing them with accessible funding up to £1 million, marking a significant shift towards growth-oriented financial initiatives. The scheme,

Maximizing Efficiency: Understanding and Using Return on Assets (ROA)
Sector Insights Maximizing Efficiency: Understanding and Using Return on Assets (ROA)

Return on Assets (ROA) is an essential financial metric that offers valuable insights into a company's operational efficiency and asset management. With its ability to measure a company's profitability relative to its total assets, ROA has become a key tool for corporate management,

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