We start our latest Bulletin with good news for businesses located in Northern Ireland with the announcement of the launch of the Northern Ireland Growth Finance Fund. With three major contributors including the British Business Bank, the fund will support businesses in the region with growth ambitions. It’s 12 months since the Small Business Commissioner […]
To open this edition, we look at the announcement from Funding Circle, the business peer-to-peer lender, that the British Business Bank is to provide £150m for on-lending to UK small businesses. This second tranche of from the bank is set to support approximately 2,000 businesses. The latest figures from UK Finance, the banking industry’s trade […]
With the traditional year-end slowdown fast approaching, if you haven’t done so already, now is the time to start assessing the impact on your cashflow. How can you avoid hitting a cash crunch? The British Business Bank has announced support to another niche lender providing Asset Finance facilities to growing businesses. We look at how […]
With a drive to boost the number of businesses exporting, a survey from alternative finance provider Just Cashflow has revealed a lack of knowledge is holding businesses back from taking the export leap. To close the gap, we look at an announcement from Just Cashflow of an initiative to support businesses wishing to export. Administration […]
A new report from the Federation of Small Businesses has highlighted concerns that growth is being held back by restricted access to finance. Is that the case or is there something else going on? We look at the announcement from Nat West of the launch of Mettle, its new mobile-only banking service. Operating as a […]
With the 2018 Budget behind us we open this Bulletin by looking at finance-specific measures. The British Business Bank, the home to the government finance raising schemes, received several boosts from the Chancellor with the aim of securing business access to finance, particularly post-Brexit. Earlier in 2018 we looked at the launch of Open Banking […]
As we get closer to the Brexit deadline, thoughts are turning to potential support businesses will need in a worse-case scenario. To open our latest Bulletin, we have news that RBS has set aside funds to provide financial support to businesses trading in Europe who may find themselves in a tight financial spot. As highlighted […]
Are we seeing a build-up to another credit crunch? That’s a concern the Bank of England has flagged up following an increase in the volume of what it perceives as high-risk loans. If that’s the case, what can you do to prepare? We look at the latest quarterly business review from Creditsafe, the credit reference […]
Whilst larger housebuilding firms tend to have easier access to finance, smaller housebuilders have greater challenges in getting the finance they need to develop sites. To open this Bulletin, news of a guide released by UK Finance and the Federation of Master Builders designed to help SME housebuilders source finance. Where are businesses turning to […]
The latest quarterly Credit Conditions Survey from the Bank of England for Quarter 3 2018 reveals that both bank and businesses appear to be adopting a cautious stance when to comes to lending and borrowing. This quarterly survey of bank and building society lenders is to assist the Bank of England in understanding trends and […]