Business Finance

What to compare

• Purpose and amount
• APR or total cost
• Security or guarantees
• Repayment profile
• Early repayment
• Eligibility
• Speed versus cost

How to choose

• Define the job this service needs to do in your business before comparing brands.
• Compare the total likely cost for your usage, not only the headline or introductory price.
• Check contract length, cancellation or switching terms, support and any limits that could affect day-to-day use.
• Prioritise the capabilities that remove real admin or risk for your business; ignore features you are unlikely to use.
• Re-check current provider terms before committing because plans, eligibility and pricing can change.

Common mistakes

• Choosing on price before confirming the product fits the way the business works.
• Buying more functionality than the business currently needs.
• Ignoring switching, renewal or exit terms.
• Failing to check integrations with systems already used by the business.

Frequently asked questions