Whether you’re starting up or running an established business in Newark and Sherwood, sorting and recording your finances can be daunting.
From advice on where to borrow money, to debt advice, to how to record and manage outgoings like tax and National Insurance, you’ll find advice and links to organisations who can help here.
Notts and Lincs Credit Union
Notts and Lincs Credit Union has been providing financial products to the people and businesses of Nottinghamshire since 1992. By joining, you open yourself up to a world of exclusive benefits. By saving your money with a credit union, you are also helping the local community by allowing someone else to borrow.
Whether you save a little or a lot, putting money aside on a regular basis means you’ll be working towards a better way of managing. You’ll also have something to look forward to, or have a nest egg to fall back on for life’s little emergencies.
As a member you can also access small loans with the minimum amount you can borrow from the Credit Union being £100. Many high street banks have a minimum loan of £1,000, so do not cater for people with a less than perfect credit history. They provide affordable interest rates, offer flexible repayment terms with no penalties or hidden costs and look at more than just your credit score. More can be found on their loans webpage.
Business rates is a local tax that is paid by the occupiers of all non-domestic or business property, in the same way that council tax is a tax on domestic property.
Find out how to pay your rates as well as whether your business qualifies for any rate relief on our business rates pages.
Get free, confidential and independent advice on how to deal with debt problems from the business debt line. You’ll find a budget tool on their website as well as the option to chat with an advisor online or on the phone.