Ratesetter and TaxAssist team up to help SMEs

No primary category set

RateSetter and accountants TaxAssist Accountants have formed a partnership to help UK SMEs access loans and finance.

TaxAssist Accountants provide accountancy services and advice to small businesses through 290 outlets across the UK. In future they will refer businesses requiring working capital or finance to RateSetter who say that loan applications will be processed and an answer given within 48 hours.

Paul Marston of RateSetter says: “TaxAssist Accountants is in a unique position to provide small businesses with the sound advice they need to establish their financial requirements and to navigate their way around the crowded business finance sector. The relationship they have with their clients is based on understanding and trust and we are looking forward to a long and fruitful partnership based on those values which we have in common.”

There’s no doubt that many SMEs, especially those operating online businesses, find it difficult to access affordable loans, and even overdrafts from the bank for use on a day to day basis, not least because a lot of traditional lenders don’t understand the nature of digital and ecommerce. So any partnership that might assist marketplace sellers is welcome.

And don’t forget that there are plenty of specialist lenders honed to small business operating online out there. You can find them in the Tamebay Guide.

RELATED POSTS..

Waiting to fail - Slow finance harms online retailers Get early access to credit with multifi

Waiting to fail – Slow finance harms online retailers. Get early access to credit with multifi

Meet the company - multifi

Meet the company – multifi: Simplifying Cash Flow Management for Online Business

FASHIONGO B2B marketplace offers dynamic net terms for wholesale

FASHIONGO B2B marketplace offers dynamic net terms for wholesale

Wayflyer launches Wholesale Financing product

Wayflyer launches Wholesale Financing product

SVB Bank impact on ecommerce

SVB Bank impact on Etsy & Shopify

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Latest

Take a look through a selection of the latest articles on ChannelX

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars