Rising out of the ashes of the credit crunch the alternative finance providers moved in to fill the gap left by the banks. To open this Bulletin, we look at how the alternative lenders are evolving with Iwoca announcing a milestone in lending and Nucleus Commercial Finance improving its loan repayment term. Managing late payment […]
Opening this week’s Business Finance Bulletin, news of the soft launch of the Business Banking Resolution Service. Designed to support businesses which are unable to complain about banking service to the Financial Ombudsmen Service, the BBRS are looking for businesses to support its pilot phase. Gathering the paperwork required by banks to review a borrowing […]
We open this week’s Bulletin with a look at analysis from KMPG which reveals a jump in company Administrations in the third quarter of this year. Reflecting pressures being felt in the economy the increase is not a good sign for the remainder of this year. Following a strong growth in 2019, the Asset Finance […]
In these uncertain times there’s increasing evidence that many businesses are suffering from increased cashflow pressures. We open our latest Bulletin reviewing a new survey from Hitachi Capital Business Finance which reveals the impact poor cashflow is having on businesses. Staying with the theme of cashflow, MarketInvoice the online invoice discounting platform, finds that too […]
The first meeting of the recently formed Business Finance Council has released a 5-point SME Finance Charter. The Council was established to ensure a smooth flow of finance post-Brexit but will the promises to support small businesses be merely words? Flexible finance provider Just Cashflow has announced modifications to its product range. The changes will […]
Are we in a recession? That’s question on many business owners and commentator’s minds. Based on the findings from a host of recent surveys and our client’s feedback, it certainly feels like it for many sectors. What can you do to keep on track? One type of business model that continues to do well are […]
Banking fraud continues to be on the rise. To open this Bulletin, we share findings from UK Finance on the level of frauds reported in the first half of 2019. From the perspective of businesses, we look at how you can avoid being the victim of Authorised Push Payment scams. With Brexit inching ever closer, […]
Opening our latest Business Finance Bulletin, we take a look at the new report from the SME Finance Monitor team. Among the findings about small business owner’s attitudes to borrowing we look at how more businesses are turning to external finance. What’s driving this move? With the government continuing to ramp up its Brexit planning, […]
The finance market is ever-changing particularly among younger, more modern businesses who are shunning the traditional High Street banks in favour of alternative finance providers. This the finding of survey of 512 small businesses carried out by ThinCats, a fintech lender to mid-sized SMEs. The survey found that of businesses less than ten years old, […]
Summer time can hit cashflow hard. Here’s a solution to even out your summer cashflow blues. A Short Term loan can solve a temporary cashflow blip.