What Is A Bridging Loan?
A bridging loan is a short-term loan typically taken out over 2 weeks to 3 years that can be used to cover a financial shortfall until a longer-term loan can […] more»
Finance
What is the difference between a P45 and a P60?
In January 2019, changes were made to P45s and P60s in that paper submissions were no longer required. These documents can be accessed and submitted online via the HMRC website. […] more»
What are the functions of public finance?
Public finance is a channel of economics that functions as a study of a government’s gross income, to which citizens contribute a significant portion. It also looks at the spending […] more»
What is bps in finance? Everything you need to know
Bps is a common abbreviation in finance for the term “basis points”, which are a smaller unit of measure for percentages. A basis point is equal to 1/100th of one […] more»
What is the role of finance within a business?
Finance is at the heart of every business. After all, no business can operate effectively without money. The finance department is responsible for looking after this money, helping to ensure […] more»
Explaining PMT in finance and how businesses can use it
PMT is an important function in finance, especially when it comes to calculating the payments for loans. No matter what type of business you work within, you might hear the […] more»
How to start a non-banking finance company
If you’ve been dreaming about beginning your own non-banking finance company, you might be eager to get started. However, it can feel overwhelming at the beginning, so you may be […] more»
A Brief Introduction to Fixed-Rate Bonds
Fixed rate bonds are popular options for those looking to improve on the rates of regular savings accounts, with flexible options available to suit most preferences. more»
What does variance measure in finance?
Building on our explanatory articles of finance terms, we will guide through an explanation of the term variance as well as its many helpful applications in finance. Variance, in finance, […] more»
5 financial planning mistakes that too many business teams make
Finances are the backbone of any business. Without accurate projections, a thorough budget, and proper account management, even the most innovative startups are likely to fail. Despite that, many businesses don’t prioritize financial planning and analysis (FP&A) processes enough and don’t take necessary steps to reduce risks. By avoiding a few common financial planning mistakes, you can increase your business’s chances of success dramatically (and keep the CFO happy at the same time). more»
