Business Finance Bulletin No 52: Venture Funding Hubs, Bank Lending, Why Businesses Don’t Borrow

In the latest Business Finance Bulletin Rob Warlow looks at the forthcoming launch of country-wide Venture Funding Hubs which will provide free advice to businesses wanting to know more about crowdfunding and how it works.

Turning to conventional sources of funding Rob looks at the latest bank lending figures which perhaps not surprisingly show a further fall in the total amount outstanding to UK businesses. However, there is a glimmer of some good news.

What banks are looking for in a finance request is the subject of a recent review, The State of Business Finance, carried out by the Association of Chartered Certified Accountants and Rob shares the one message this report has for banks.

Whether businesses actually want to borrow is a topic that is rarely looked at but as Rob discusses there is a large section of the UK business market that have no interest in borrowing. In a clip from a live seminar Rob looks at the key reasons why business owners say they are not interested in looking for finance.

If you prefer to listen to this week’s Bulletin you can download it as a podcast via our Soundcloud page. To listen now click below or click the download image to save to your PC or phone.

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  • Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.

    Shayne Yates | Welsh Government Regional Centre Service Mid Wales
  • Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!

    Kay Hyde | Hyde & Hyde Architects
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