Commercial Finance and Insurance



Commercial Finance

It’s often said that money acts like oil in business: with it, your business purrs contentedly, without it, it grinds to a halt. Every business needs finance, no matter whether it’s to get it off to a flying start, support its operations, invest in its growth and development or see it through life’s unexpected events.

The type of finance you’ll need will often be dictated by what your business wants to do.You may need just a small, short-term loan to ease cash flow or provide financial cover– but it could be a significant, long-term loan to fund the cost of expanding the business with an increase in manpower, new property and more assets.

Heading off to see the bank manager is the most obvious way of borrowing money but, although this route has its advantages,there are also some potentially serious disadvantages. True, it’s usually the least expensive option, but loans and mortgages can take time to arrange.Specialist finance companies may be more expensive but, generally, they’ll offer you more choice and be able to get you a loanmore quickly – and that can often be a critical consideration ifyou need short-term finance.

If you’re an SME, have you thought about invoice financing? Instead of waiting for your customer to pay your invoices, a finance house or factoring company buys them from you at a discount and your customer pays them instead. You may lose a small percentage of the invoice value, but you’ll have the money when it’s due and without incurring any late payment costs. It’s something that can really help smooth cash flow.


You can insure (almost) ‘anything against anything’. Just as individuals need ‘domestic’ insurance to cover their own homes, cars, belongings and travel, businesses need insurance to cover their premises, vehicles, equipment and stock – and often against complex circumstances. Businesses also need to have or consider a raft of other types of insurance – employer’s liability, public liability and professional indemnity are just three – to protectand mitigate action against them.

Although most are technically ‘optional’ – but in today’s litigious world you’d be foolhardy not to have them – one,if you’re an employer,is a statutory requirement. Employer’s liability insurance is a legal necessity if you have employees working under your supervision:it’s essential and there’s a fine of up to £2,500 per day if you don’t take it out.

Insurance is all a matter of risk management. Knowing what you must have, what you should have, what may be of use and what really doesn’t apply,means you can ensure you’ve got all eventualities adequately covered, both at home and at work.


How can One Financial Solutions help you?

One Financial Solutions is here to help you.We’ll talk to you in total confidence about your needs and then introduce you to either a specialist commercial finance broker or an insurance broker who will work with you to secure and arrange the best solution for your needs.

The commercial finance brokers we work with are acknowledged experts within the industry. They have enviable relationships with a wide range of financial institutions throughout the whole of the market, offer a complete service and can provide practical advice on all aspects of commercial finance.

The insurance broker we use is a leading chartered insurance broker and risk management adviser with a branch network spanning the UK. It has a detailed understanding of both the domestic and commercial insurance industries and can provide a complete service for both individuals and organizations, offering advice, valuations and tailor-made insurance solutions.

The brokers we work with are experts in their fields, will get quotes from the entire market and treat you with the same level of care and integrity that we do.

So, if you’re looking for help about any aspect of commercial finance or insurance, please call us on 020 3714 9565 or ask us to call you by sending an email to