Best Business Bank Accounts
Your Guide to the Best Business Bank Accounts

As a small business owner, knowing which bank suits your company best isn’t always easy. You could be a new business owner or a well-established one looking to change who you bank with. At FastPay, we have taken the time […]

FastPay Laptop
100 UK Small Business Grants to Apply For Right Now

It’s no secret that businesses are suffering right now, especially smaller businesses and recent startups. There’s plenty of help out there in the form of loans, relief, tax breaks and rate freezes and small business grants, which is what we […]

confirmation of payee
What is confirmation of payee?

Confirmation of Payee (COP) is a system where the details of an individual or organisation that is being paid, “the payee”, can be confirmed so that the payer can ensure that they are sending payments to the correct recipient as […]

What is SFTP, and why is it important when handling financial data?

Businesses who send data in payment files must do so securely in order to ensure that all important cash flow is in optimum health. SFTP helps to do just this and is becoming an increasingly popular tool, favoured by organisations […]

Small Business Lockdown Advice
Financial Advice For Small Businesses During Lockdown

It has been an economically troubling year for businesses. Footfall is down 75% compared to the same period in 2019; manufacturing, retail, and travel are facing wholesale changes and lots of small businesses are struggling immensely to keep the lights […]

Return on Equity
Return on Equity – what is it and why is it so important?

Return on Equity – or ROE to use the abbreviation – is an important financial metric used to measure the profitability of a business in relation to stockholder’s assets. But what exactly does this mean? How is ROE calculated? And […]

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    How to Calculate the Break-Even Point