According to the Registry Trust, 2017 saw a significant jump in the number of County Court Judgments registered. Is this a sign of toughening economic conditions or businesses being more aggressive when it comes to tackling overdue payments? Since its launch in January, Open Banking has been gathering support primarily amongst the smaller, so called […]
Following a recent spate of high-profile company administrations, we open this Bulletin discussing the Euler Hermes Global Insolvencies Index which has revealed how in 2018 the UK is set to witness the second largest global increase in insolvencies. When linked with the latest bank lending figures, it looks like 2018 is turning out to be […]
What would you do if you were able to borrow money for your business? This is a question posed by Liberis, the short-term cashflow lender, when it spoke to 200 small businesses. As well as revealing how funds would be spent, the survey also discovered how many small businesses are still confused about where to […]
To open the latest Business Finance Bulletin, we review the recently released Small Business Finance Markets report. Issued annually by the British Business Bank the report shares the bank’s findings on small business owner’s attitudes and experiences when it comes to raising finance. The statistics reveal one startling fact about how businesses view the act […]
We’re delighted to bring you another guest blog from Innovate UK on funding for start ups… Pooling together the cash you need for your start-up can feel like an almost impossible endeavour, no matter where you’re currently sat in the funding cycle. You’ll need investment to sustain the longevity of your business – it’s a […]
If you are looking to improve profits, should you share your financial information with your staff? BLS’s Rob Warlow explains why you should.
Despite many reasons for small businesses to feel uncertain about prospects, we open this Bulletin with a review of the latest Business Barometer Report from Hitachi Capital which reveals that business confidence has remained steady over the last 12 months. One source of finance which continues to see growth is Asset Finance. Figures released by […]
One of the more frustrating aspects of starting a business, or even switching banks, is the stressful experience of opening a bank account. The Competition and Markets Authority, as part of its 2016 Banking Review, tasked banks with making it simpler. To start the Bulletin, we look at the outcome of that request with the […]
Having an understanding of your financial performance is vital so you can identify any red flags and make appropriate adjustments. If it’s one thing that can help speed up the process of raising finance, it’s having up to date management information. Online accountancy software packages now make it easier for business owners to keep up […]
Here we are with the 200th episode of the Business Finance Bulletin – another milestone achieved in bringing you the latest small business finance news and tips. We start this episode by taking a look at the 2017 corporate insolvency figures released by the Insolvency Service. Whilst the whole year makes sombre reading in terms […]