We recommend you tell your bank manager what is required, and ensure that you present him or her with a proper proposal for consideration. Banks are in business and make a considerable profit from lending money.
Raising finance for businesses following the banking crisis is challenging to say the least. If you are thinking of expanding your business, or starting a new one, you will need to raise finance. What are your options?
Your company pays corporation tax on its profits, but you are only taxed personally on what you draw out of the company as a salary, bonus, or by other means. The dividends you receive from your company are effectively tax-free in your hands, if your total income for the tax year is less than about £37,000.
The economic and political debates over whether adopting the euro would be in Britain's best interest have abated. However, some commentators believe that the UK's eventual membership of the eurozone is inevitable.