Our Review Process
The review process and criteria vary from sector to sector, but our core analytical process is as follows:
- Analyse: Our experts start by analysing a broad set of data from key sectors and markets of interest to better understand the bigger picture.
- Review: We then review selected individual brands based on the market data with a high degree of attention to detail and deliver insightful breakdowns.
- Compare: Once our initial research is complete, we collate sets of comparisons that put each brand and platform head-to-head so that you can compare the best available options.
- Goal: Our purpose is to deliver the information you need in the most straightforward format to empower you to choose the best available options for your entrepreneurial goals.
Our team also has regular meetings with our partners for information and updates to ensure you have the most accurate information straight from the source.
Quality Assurance Process
Our Quality Assurance Department (QAD) is tasked with assuring the consistency of up-to-date content from all of the brands that we review and compare.
This department checks multiple areas for each and every brand that we review/compare as well as regularly reviewing our core articles, updating them with the latest information and checking for accuracy in the facts and figures.
Our QAD is responsible for the following:
- Checking Products and Features: Gathering information from official sources about the reviewed brand’s products and features.
- Checking Prices and Fees: Going through and confirming the different costs that each brand could incur, such as transaction fees or interest rates.
- Checking Safety and Security: Making sure each reviewed brand is safe for our clients, whether the brand is regulated or what security measures are in place
- Checking Customer Reviews: Analysing countless customer reviews to make sure that their experiences align with the information about the product/brand being reviewed.
- Checking for Eligibility: Researching and outlining who is and isn’t able to use certain products to prevent our readers from wasting time.
- Highlighting Sector-Specific Information: Gathering information on sector-specific factors such as overdraft limits for banks or
We have a large centralised data set of detailed information on every brand that we review and compare, and it is updated regularly by our QAD to ensure that our articles and the facts within them remain correct and consistent.
Our Review Philosophy
Here at Business Expert, we pride ourselves on providing you with the most accurate, helpful and unbiased information possible. We show total transparency in our process, aiming to achieve peace of mind for our targeted demographics.
Our recommendations are independent of biased influence as these are not our products. Our evaluations are grounded in standards and benchmarks established by unbiased professionals, ensuring that our thorough research is the only factor shaping our recommendations.
Who We Are
Business Expert started as an idea, a need to assist anyone who requires financial guidance in the unpredictable markets of the 21st century. Today, we are a team dedicated to upholding this idea, led by Mike and Tony Smith (Founding Directors).
Business Expert specialises in connecting businesses with the most appropriate money-related solutions available. Business Expert does not provide advice. Our mission is to take complicated information and break it down into simple and usable facts so that business owners can make more informed decisions.
We aim to be the most credible, reliable source of information for UK SMEs. Our goal is to help business owners make more informed decisions based on clear, easy-to-absorb information that succinctly explains everything they need to know.
Individual Sector Review Methodology
Business Banking and Business Savings Accounts
For business banking, we’ve reviewed the following metrics based on what’s important to the multiple demographics that our content aims to help:
- Monthly Fees
- Transaction Fees
- FSCS Protection
- Overdraft Facilities
- Account Management
- Customer Service
- Accounting Integration
- Deposit Availability and Fees
- Rewards/Benefits
- International Services
We collect this information from multiple sources, including each financial organisation’s website and by speaking to their staff directly. Also, our QAD regularly checks and updates this data to ensure it’s correct and reliable.
We chose the top 10 of 32 business bank accounts that our team reviewed individually, meaning only the best made it to our list of the best business bank accounts.
Business Credit Cards
For business credit cards, we’ve reviewed the following factors based on what’s important to the multiple demographics that our content aims to help:
- Interest Rate
- Credit Limit
- Annual Fees
- Cashback/Reward Program
- Interest-Free Periods
- Customer Service
- Foreign Transaction Fees/Travel Benefits
- Additional Cards/Spending Controls
- Accounting Integration
- Special Offers
We gather this data from various sources, such as the websites of each financial organisation and through conversations with their employees. Additionally, our QAD frequently reviews and refreshes this information so it is accurate and dependable for your benefit.
Our experts have analysed 18 business credit cards, from which we chose 8 to represent on our best business credit cards page.
Business Loans (Secured and Unsecured)
For business loans, we’ve highlighted the following review criteria based on what’s important to the multiple demographics to whom our content is aimed:
- Loan Max/Min Amount
- Interest Rates and APR
- Repayment Terms
- Early Repayment Options
- Eligibility Criteria
- Customer Satisfaction and Support
- Fees
- Customer Reviews
We obtain this information through many means, including official websites and real-world testing. Also, our QAD routinely checks and updates this data to make sure it’s accurate and trustworthy.
This process is how we accurately identify the best business loans for your needs.
Business Payment Solutions
For business Payment Solutions, we’ve outlined the following factors based on what’s important to the multiple demographics that our content is aimed towards:
- Security and Fraud Prevention
- Supported Payment Methods
- Pricing and Fees
- Integration and Compatibility
- Customer Service/Support
- Reputation and Customer Reviews
- Ease of System Integration
- Multi-Currency Support
We collect this information from personal experience, sources like the websites of each product’s brand and by analysing countless reviews. Also, our QAD continually checks and updates this data to ensure it is correct and reliable.
Our breakdowns on business payment solutions.
Money Transfer Reviews
For money transfer reviews, we rate each service based on these crucial factors which our experts have singled out as most important to our readers:
- Value for Money (Rates & Fees)
- Speed of Transfer
- Financial Security
- Customer Reviews
- Range of Services
- Customer Service
- Ease of Use
- Mobile App Integration
- Global Presence and Reach
We acquire this information through market analysis, interactions and tests on each service’s website and through conversations with their staff. Additionally, our QAD regularly reviews and refreshes this data to assure its accuracy and reliability.
Only with these factors in mind were we able to correctly identify the best money transfer services for you.