Ten things you need to know about…pension-led business funding

The current economic malaise shows no signs of abating and, despite government and bank rhetoric, four out of 10 small UK firms were refused banking facilities in the second quarter of this year. Such stagnation has led frustrated SME owners to take control of their own destiny and seek innovative forms of borrowing. Pension-led business funding is a sophisticated form of finance which offers an alternative to traditional commercial funding sources, such as a bank loan or overdraft. It also involves using business owners' accrued pension benefits to invest in their own companies. O...