Bounce Back Loan Repayment Options; Changes to Company Dissolution Rules; and Banks Dominating Lending

Are you soon facing your first Bounce Back Loan repayment? Many businesses have just paid their first repayment or soon will and are concerned with cashflow still tight. Opening our latest Bulletin, we look at repayment options under the Pay as You Grow Scheme designed to ease your cashflow burden. A government Bill has been […]

May 16, 2021 / Comments Off
Business Confidence on the Rise; Tide to Launch Invoice Assistant; and Asset Finance Growth

Opening our latest Bulletin, we look at how a survey from Bibby Financial Services confirms that business owners continue to feel increasingly confident about the future. What’s driving their confidence and what’s the one thing which could hold them back? Tide, the mobile business account provider, has announce the forthcoming launch of Tide Invoice Assistant. […]

May 9, 2021 / Comments Off
Business Priorities for Growth; Businesses in Financial Distress; and Late Payment to Hinder Growth

Opening our latest Business Finance Bulletin, as businesses get back on the path growth, what are their top priorities and actions? We look at the findings from the recent Hitachi Capital Business Finance Business Barometer report. It’s not all good news for businesses though. We review the most recent Red Flag Alert report from Begbies […]

May 2, 2021 / Comments Off
Small Business Finance Support; Opening a Business Bank Account; and Business Recovery Improves

As the economy kicks back into action, it’s not only businesses which are feeling more confident. Opening this latest Bulletin, we look at a number of lenders who are offering increased support to small businesses with new funding pots and enhanced terms. Have you tried opening a business bank account during the last 12 months? […]

April 25, 2021 / Comments Off
Business Confidence on the Rise; Just Cashflow Supports Start Ups; and Company Insolvencies

We open our latest Business Finance Bulletin with the good news that business confidence levels are on the up. The latest Business Barometer report from Hitachi Capital Business Finance reveals that an increasing number of business owners are predicting improved months ahead. Cashflow can be tight for many businesses, but particularly for start ups. Just […]

April 18, 2021 / Comments Off
Recovery Loan Scheme Launches; Business Borrowing in 2020; and Metro Bank Invoicing Tool

On 6th April the Recovery Loan Scheme was launched. Replacing the Bounce Back Loan and CBILS the new scheme is designed to support businesses in need of growth funding. We look at how the scheme works and how it could benefit your business. As businesses focus on getting back on track no one can ignore […]

April 11, 2021 / Comments Off
Business Scams to Watch; Business Protection Measures Extended; and Checking Your Credit File

According to the latest research from Barclays Bank, there has been a notable increase in the number of business scams. Opening the latest Business Finance Bulletin, we highlight five scams to watch out for. Alongside the extension of other support measures, we look at the government announcement extending the period of a range of measures […]

March 28, 2021 / Comments Off
Business Insolvencies Declining; Fall in Use of Asset Finance; and Business Owner Risk Taking

We open this Business Finance Bulletin with a review of the latest business insolvency figures. The most recent figures released by the Insolvency Service reveal that insolvencies are still declining. It is acknowledged that the figures will eventually increase so what can you do to protect yourself from customers not paying? The latest figures from […]

March 21, 2021 / Comments Off
Record Business Borrowing in 2020; ESME Loans Closes; and Open Banking Update

Opening the latest Business Finance Bulletin, we review a report from the British Business Bank looking at the business borrowing market in 2020. Not surprisingly the report reveals that businesses took on an unprecedented level of debt. With businesses going full out on CBILS and Bounce Back Loans the alternative finance sector, which was booming […]

March 14, 2021 / Comments Off
Goodbye CBILS and Bounce Back Loans and Hello to the Recovery Loan Scheme

We devote the whole of this week’s Business Finance Bulletin to the new Recovery Loan Scheme. In his Budget last week, the Chancellor announce that CBILS and the Bounce Back Loan Scheme would not be renewed but instead would be replaced by the Recovery Loan Scheme. We look at features of the new Scheme; the […]

March 7, 2021 / Comments Off