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FSB Funding Platform, Zombie Businesses and Asset Finance Usage – BFB Epsd 197

Some businesses when looking for finance can get overwhelmed by the choices and process of applying for funding. If you are an FSB member, then help is at hand with the launch of the FSB Funding Platform which is designed to help its members efficiently search for finance. Despite the prevailing uncertainty about consumer demand […]

January 14, 2018 / Comments Off
What is Open Banking? – BFB Episode 196

It’s very likely that you may not have heard of Open Banking. If you haven’t then the chances are that you will over the coming weeks and months. It’s rare that we devote a whole episode to one topic, but Open Banking has the capacity over time to revolutionise the way you and your business […]

January 6, 2018 / Comments Off
Thanks from the Business Loan Services Team

Thanks to all our clients and introducers who helped make 2017 another great year for BLS in supporting growing businesses in need of finance. We look forward to assisting you and other businesses achieve your growth plans in 2018. Thanks again and have a Happy New Year!

December 29, 2017 / Comments Off
Late Payment on the Rise

The culture of late payment to UK SMEs is a regular topic in our weekly Business Finance Bulletin and the reason for this is that delayed payment hurts many businesses by undermining their growth and the value they bring to the UK economy. A new survey from business finance company MarketInvoice reveals that 62% of […]

December 22, 2017 / Comments Off
Use of Invoice Finance and Asset-Based Lending on the Increase

The invoice finance and asset-based lending sector is providing an increasing share of finance to UK businesses according to latest data released by UK Finance, the trade body for the finance industry. The amount of money raised via invoice finance (a method of unlocking cash tied up in invoices) and other asset-based finance such as […]

December 21, 2017 / Comments Off
Government Launches Small Business Commissioner to Help Resolve Payment Disputes

If you are one of the estimated 20% of small businesses which have run in to cash flow problems due to late payments, then help may finally be at hand. The government has finally launched the complaint handling service of the Small Business Commissioner to ensure fair payment practices for small businesses. This follows the […]

December 20, 2017 / Comments Off
Arranging an Overdraft, Lloyds Overdraft Charges and Asset Finance Usage – BFB Epsd 195

Regular feedback we have from Business Loan Services clients is how difficult it can sometimes be to arrange an overdraft limit. Iwoca, the short-term loan provider, recently undertook a mystery shopping expedition to see how challenging it can be! In this Bulletin we see how they got on and share 3 tips if you’re looking […]

December 16, 2017 / Comments Off
Tips and Tricks for Securing UK Grant Funding

A guest article from Innovate UK… Establishing a grant can be an extremely attractive option for any business. With over 200 available in the UK, and with many not requiring equity stakes or repayments, it’s an obvious choice when looking for additional funding. But how do you go about finding the right one for your […]

December 10, 2017 / Comments Off
Business Confidence, Finance Admin Made Easier & Alternative Finance Usage – BFB Epsd 194

Perhaps it’s no surprise that business confidence is swinging back and forth in reaction to global and local events. That’s the findings from the latest Lloyds Bank Business Barometer report which we review in our latest Bulletin. However, it’s not all doom and gloom with some glimmer of positivity reported! Managing financial tasks can be […]

December 8, 2017 / Comments Off
Business Exits, Planning in Seasonal Downturns & Small Business Borrowing – BFB Epsd 193

You would think that when it comes to selling a business, it would be the more mature ones putting up the ‘For Sale’ sign. Latest findings from Barclays Bank in their Entrepreneur’s Index report reveal that more younger businesses than ever before are being sold. As we approach the year-end many business owners will find […]

December 2, 2017 / Comments Off

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