Opening this week’s Bulletin, we look at the amount banks are setting aside for expected loan losses. We are in the High Street banks’ half-year reporting season and they are setting aside significant provisions for expected loan defaults. How could this impact you when looking for finance? Although experiencing a fall in sales, the impact […]
On 22nd July HMRC’s status as a Preferential Creditor in insolvency situations was restored after nearly 20 years. Could this have an impact on the cost of obtaining business finance and the appetite of lenders to support businesses? As growth in the economy begins to kick back in, many businesses are a long way off […]
Opening the latest Business Finance Bulletin, we look at proposals presented by financial firms and professionals on how to ease the debt and cashflow burden facing business in 2021 when CBILS and Bounce Back Loan repayments start. As businesses open and consumers slowing start spending, we review the latest quarterly survey from Hitachi Capital Business […]
To start this week’s Bulletin, we take a look at whether we are going to see another Credit Crunch in 2021? The signs are starting to emerge that we may and if so, what can you do now to avoid getting caught out? Getting the right support and advice can help you navigate these turbulent […]
Opening our latest Bulletin, we look at a milestone hit by the government guarantee loan support schemes – the Bounce Back Loans and CBILS. The number of loans disbursed have hit record highs and proved to be a lifeline for many businesses and another batch of lenders added to the panel further improve access to […]
We open the latest Business Finance Bulletin with a look at changes to insolvency law with the passing of the Corporate Insolvency and Governance Act. How will this help struggling businesses? As businesses get back into the swing of trading, what are the challenges facing them? A survey from MarketFinance reveals how businesses are faced […]
Starting this week’s Bulletin, with businesses either back trading or gearing up to open the doors, we look at surveys from Aldermore Bank and UK Finance which reveal how businesses see the next 12 months in terms of borrowing and growth. The British Business Bank announces accreditation of more new lenders on the Bounce Back […]
Opening the latest Business Finance Bulletin, we look at figures released by the Finance and Leasing Association which reveal how many requests the sector has had for payment forbearance. We also review the volume of Asset Finance business written in April, which not unexpectedly has seen a sharp drop. The British Business Bank continues to […]
BLS’ Rob Warlow recently had a chat with Damian Mark Smyth of the Entrepreneur Success Formula podcast. Rob talks about setting up Business Loan Services and operating a business in today’s climate.
In this week’s Business Finance Bulletin, we open the episode by considering what type of economic recovery you should be planning for. Which scenario best fits your plans? The ability of businesses to confidently trade among themselves is key to re-building the economy. We look at a new scheme launched by the government to ensure […]