PPI Return, one of the UK’s leading companies working to reclaim mis sold loan insurance is pleased to announce the launch of their website.

PPI Return work to help clients reclaim payments made as part of a loan insurance that were either mis-sold or were completely unaware of when taking out loans.

The mis sold loan insurance in the UK has received significant press coverage, yet there are still many thousands of financial consumers in the UK that are unaware that they can make a claim.

PPI Return’s website offers visitors a simple ‘60 Second Test’ where they can quickly determine if they are eligible to make a claim against the banks and financial service providers that made the original loans and provided the missold ppi insurance.

The website is a thorough source of information on mis sold loan insurance (also known as Accident, Sickness and Unemployment insurance or PPI). Visitors to the website can also talk to a team of specialist advisors through Web Chat who can provide information on mis sold loan insurance claims

Several high street banks in the UK have already have had significant fines imposed for mismanaged or mis sold loan insurance including Liverpool Victoria Banking Services, HFC Bank, Alliance & Leicester, GE Capital Bank, Loans.co.uk and Capital One Bank to name a few.

Can you make a claim for mis sold loan insurance?

One of the most common misunderstandings is that one cannot make a claim against a fully paid up loan. If your loan has been repaid you may still eligible to make a claim if you were mis sold loan insurance.

Despite widespread press coverage many do no know that they can claim back payments for mis sold loan insurance. This is where PPI Return work hardest to educate financial consumers and to champion recouping payments made as part of mis sold loan insurance.

A company voluntary arrangement offers your company a potential opportunity to form a plan with your creditors where the amount repayable is fixed and your company will know exactly what needs to be paid back and at what time.

When applying for a small business loan your lenders first port of call is to look at your credit history, therefore it is in your best interests to keep it clean. You can clean up your credit reports by making sure you pay your lenders on time and pay off any outstanding debt you have borrowed.

Another thing you will need to consider when applying for a small business loan is your income. The bank will want to know exactly how much income you have coming in and your expenditure each month. It will help with your application if you supply the necessary documents to back this up. This information will be used when your lender is deciding the amount of your loan. They will want to know that you can realistically afford to pay them back the amount you are borrowing within the set amount of time.

Many loan providers will ask you to provide collateral against your loan. What this means is you will have to put your business assets like the company building or business equipment at risk if you do not pay back your loan.

Another surefire way to ensure your loan application gets approved to to provide the back or lenders with a solid business plan. This is especially true if you are starting up your first business. They will want to know why you are borrowing the money, and what the money will be used for. If you provide a good business plan this can help them decide if you are a good investment for them.

A corporate credit card can be handy in an emergency. Imagine you are out for lunch, and you get a call for an emergency meeting across the other side of town. You reach into your wallet to find it empty, and you have no spare change for the train ticket. What will you do? Use your corporate credit card of course! They can also be used in other types of emergencies too. Like if you run out of ink for your printer or your business computer dies.

A corporate credit card can also help you to keep track of your business expenses. You can get detailed bills every month containing information on everything you have purchased for the business. These bills can be checked to see if you can cut down on the amount of money your business spends.

In general a corporate credit card can have a higher credit limit than a normal credit card, and it can also save you money in some instances too. For example, many corporate cards offer rewards or discounts when used in partnering airlines, restaurants or hotels.

As you can see corporate credit cards for your business can have many benefits, but they can have drawbacks too. Many companies have found that supplying their employers with a corporate card can carry risks. It has been known for less scrupulous employers to take advantage of their card on unnecessary purchases. To eliminate this risk ensure that every person employed by your company follows a set of regulations.

Here are three simple ways to help you build your business credit score:

1. Check your business credit report regularly. You can obtain your business credit report from three different companies, Experian, Equifax and TransUnion, and it should be checked at least once a year. Your credit reports are the first things banks and lenders look at when it comes to making a decision about your loan application. Therefore it is important you keep them in good order.

2. Start Spending. Yes, you read that right! In order to establish your credit rating you will need to start borrowing and spending money on your business. You should do plenty of research before you begin borrowing any money from lenders. Try and go with the ones that report your borrowing habits to the credit reference agencies, because not every lender does this. Make sure you keep tabs on how much you are borrowing and what you are spending it on. Don’t go overboard with purchases, and only borrow what you need.

3. Pay back your lenders regularly and on time. Whilst it is OK to borrow money, and it does in fact help your credit score. It is also vital that you pay back the money you borrow within the terms of the supplier. Remember, if you regularly miss or are late with your payments this will be noted, and will have a negative effect on your credit rating.

Ordinarily, for someone who has a bad credit rating it can be near impossible to get a loan to help start up or expand your business. A business loan can be somewhat larger than an ordinary loan, and normal banks and financial institutions may hesitate and decline the application for someone who has a history of bad credit. This is where a “bad credit business loan” company would come into play. You see, they not only take your credit history into consideration, but other factors too. They give individuals with a bad credit rating a chance too.

You will find many different specialist companies who deal with bad credit small business loans by doing a simple search online with your favorite search engine. Other places to look when your are searching for a business loan is in the back of your local newspaper, and advertisements on the radio or television. However, the very best way to find the best bad credit business loan company is by recommendation.

If you are looking for extra money for your business, and fear you will still get rejected for a bad credit small business loan, then you can always look for a grant. Be very careful when looking for small business start up grants as there are many well known scams around. The best way to find out if you are illegible for a business grants is by checking with your local government office.

If you are thinking about buying into a business, then a corporate investment business broker will help you find a suitable business for you. If you go to the right company they will have highly trained individuals that know exactly what they are doing. A business broker will help you with your budget, and will get you a better deal on the business you want. Some corporate investment business brokers even help with your finances to help you afford the business you want.

Similarly, if you are thinking about selling your business, then a corporate investment business broker will assist you. They will connect you with buyers that are looking to purchase the type of business you are offering. They can help you market your business for sale, and will also ensure that it is priced accurately.

Corporate investment business brokers not only help with business acquisition, but can also help with mergers too. Many things can go wrong when it comes to merging two separate businesses together, and you are going to need help to ensure the merger goes as smoothly as it can for all parties involved.

When it comes to buying and selling businesses there can be many pitfalls and obstacles you will come across. A corporate investment business broker will help you overcome these obstacles, and ensure that whatever you do will be a success.