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Investing Business Cash

The recent credit crunch has affected the way banks lend money both to private and business investors.  Businesses may be finding it difficult to secure new loans at attractive rates. This could be the case for the foreseeable future until the banks have improved their balance sheets and are willing to offer attractive rates again.

Some businesses are choosing not to repay loans preferring to keep the cash in place until it is needed. This avoids the problems of securing a new loan in the future.  If you are in this situation and have capital held in a business account, you should consider investing it to work harder for you. 

Interest rates look set to remain low for a while so leaving it in the bank will provide disappointing returns.  Taking the time to speak with an independent financial adviser to find out all the various options available to you will allow you to make an informed decision about the best way to achieve better performance. 

For further information speak to Simon Ludden, Financial Planning Manager on 01227 763939.

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Furley Page Solicitors in Kent, London, Canterbury, Chatham & Whitstable
Get in touch on 0845 603 10 57