V4B Business Finance

Transitioning from Recovery Loan Scheme to Growth Guarantee Scheme: What You Need to Know

Transitioning from Recovery Loan Scheme to Growth Guarantee Scheme: What You Need to Know

As the financial landscape evolves, so do the opportunities available to help businesses grow and succeed. On 1st July 2024, the Growth Guarantee Scheme will replace the Recovery Loan Scheme, offering enhanced support and flexibility for UK businesses. With increased loan limits, more flexible terms, and broader eligibility criteria, the Growth Guarantee Scheme is designed to foster long-term business expansion and innovation. At Business Finance V4B, we’re here to guide you through this transition and help you secure the funding needed to achieve your growth ambitions.

The Importance of Mid-Year Financial Reviews for Finance Departments

The Importance of Mid-Year Financial Reviews for Finance Departments

Mid-year financial reviews are crucial for finance departments to ensure business success. These reviews provide an opportunity to assess performance, manage cash flow, revise budgets, plan strategically, and mitigate risks. By conducting thorough mid-year reviews, finance teams can identify areas needing adjustment, make informed decisions, and align financial strategies with business goals. Learn more about how to conduct effective mid-year financial reviews and their benefits for your company’s financial health.