In the first Business Finance Bulletin of 2021 we open by looking at the latest Business Finance Review from UK Finance which reveals the level of borrowing businesses have taken on in the first three quarters of 2020 and the challenges this will bring. In 2021 the adage that ‘cash flow is King’ will never […]
This edition of the Business Finance Bulletin is a Bounce Back and CBILS fest! We kick off with the news that following a raft of new restrictions the government has extended the application deadlines for all the loan support schemes. The swift roll-out of the Bounce Back Loan scheme has been criticised by the Treasury […]
Cash strapped businesses which are facing creditor pressure have been granted further breathing space by the Government. Opening our latest Bulletin, we look at the announcement that the suspension on serving Statutory Demands and Winding Up petitions has been extended. Could this lifeline create more zombie businesses? MarketFinance has launched its Business Booster Fund which […]
Times of uncertainty can make businesses more susceptible to scams. Opening this latest Bulletin, we look at a report from Barclays which reveals a stark increase in the number of business scams. How can you avoid falling victim? As we edge closer to the end of 2020 business owners are facing a squeeze on cashflow. […]
Starting this latest Business Finance Bulletin, good news for Directors concerned about potential personal liability on decisions being taken with an announcement that the suspension on Wrongful Trading has been extended. How satisfied are you with the service your bank is providing and what factors would you take into consideration if you were to move […]
Opening our latest Bulletin, news from the Start Up Loan company that it has appointed its latest batch of 12 Ambassadors. These are businesses owners who have built a successful business after receiving a start up loan. We take our monthly look at the Bounce Back and CBILS loan sector. Whilst the figures show a […]
To open this latest Business Finance Bulletin, we look at an announcement from Just Cashflow that it is about to launch its own Business Account. Just Cashflow clients will now be able to take advantage of this new service which offers all the features of a traditional bank account. Good news for small businesses looking […]
Opening this latest Bulletin, we take a look at a disclosure from the British Business Bank as to the number of fraudulent Bounce Back Loan applications lenders have intercepted, and the amount prevented from being lost to criminals. A report from the EY Item Club has revealed the staggering amount businesses have borrowed in 2020. […]
The government has extended the CBILS and Bounce Back Loan Schemes and also allowing businesses to top-up their Bounce Back Loan scheme if you didn’t take the full allocation. We look at why you need to be careful if you plan to top-up your Bounce Back Loan
Whilst it is always wise to review your costs and overheads, new research has revealed that businesses are cancelling insurance policies to save on the premiums. Opening this week’s Bulletin, we look at the top 3 policies businesses are cancelling and the risks they are taking. We review the latest Red Flag Alert report from […]