To start our latest Bulletin, an announcement from mobile-only bank Starling that it’s to start offering business loans to Limited Companies. Starling’s 100,000 business customers will also, for a monthly fee, be able to access its Business Toolkit service. It’s now two years since Open Banking was launched. We look at a survey from the […]
Opening our first Bulletin of 2020, we kick off with a look at how much time small business owners spend on finance-related administration tasks. A survey from Starling Bank reveals that too much time is devoted to non-income generating duties. How did small businesses performance in 2019 and what are their priorities for 2020? That’s […]
To open our final Bulletin of 2019, a fitting close to this season with a look at the possible return of certainly following the Election result. Will the parliamentary majority be enough to overturn the feeling of uncertainty which has dominated the last 12 months? Challenger banks are often at the leading edge when it […]
Kicking off our latest Bulletin we review a survey from Xero, the online accounting software provider, which reports that despite many small business owners feeling despondent about their circumstances, the 20 years will see a significant, positive change. With the High Street banks not known for delivering competitive foreign exchange services, we look at the […]
Opening this week’s Bulletin, a surprising continuation in the rise in business confidence despite the looming general election and Brexit limbo. However, another survey reveals that the feeling of uncertainty still prevails, especially among younger businesses. With approximately £382b held on current accounts and low interest deposit accounts, findings from Aldermore Bank exposes how much […]
The latest SME Confidence Tracker from Bibby Financial Services reveals a continual decline in investment appetite among small businesses. What are the barriers to investment and of those businesses which are investing, what are they planning? If you’re thinking of purchasing a commercial premises for investment purposes, one often over-looked requirement is the need for […]
To kick off our latest Bulletin, we look at a host of enhancements and 3rd party collaborations announced by Xero, the online accounting software provider. The partnerships are aimed at further streamlining the way small businesses manage their finances. A survey from the Federation of Small Businesses reveals the different experiences sole traders have in […]
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 […]