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Business Finance Online
Crime and UK Business
15th October 2003
The total number of crimes affecting UK business rose 24% in the second quarter of this year according to a recent report from AXA. Nearly 900,000 businesses were affected by crime in the same period representing a staggering 23% of all businesses.
Malicious damage accounted for 50% of crime related insurance claims in the second quarter of 2003, closely followed by theft at 46% whilst incidents of arson rose an alarming 49%.
Whilst the report may make depressing reading, it clearly highlights the risks from crime faced by your business enabling you to take appropriate positive steps to protect the long term success of your business through effective risk management.
Comprehensive business insurance is fundamental in protecting your business against unpredictable risks and threat such as malicious damage, theft or arson.
Visit the Marketplace to compare business insurance quotes, or purchase additional insurance which will help secure your business' future against unforeseen risks.
The Right Finance for Your Business
Raising finance to help your company's cash flow, expand your business or start a new business can be difficult in the UK. Banks are reluctant to lend money without a large degree of security and recent international legal rulings* are causing banks to move away from offering overdrafts as a preferred form of business finance.
There are, however, other forms of finance which you may not have considered. Our Business Loan Finder will help you identify the right type of financing for your business.
Simply follow the simple questions and the Business Loan Finder will guide you to forms of finance appropriate for your business needs.
* Brumark Investments Limited (in receivership) v Inland Revenue Commissioners (1999).
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NB: The information on this business-finance-online.co.uk is for informational purposes only and should not be treated as business, financial, or any other form of advice.