One problem which can affect the outcome of your finance request is your credit score. In this Bulletin we look at findings from a recent survey carried out by Ratesetter Business Finance which reveals how many business owners have never checked their score. Don’t be one of them. Business optimism appears to be on the […]
Here’s a quick look at some of the business sectors we have supported in raising finance.
Despite confidence levels amongst many small businesses being muted, we open our latest Bulletin with a look at news from Hitachi Capital Business Finance that SMEs are seeing opportunities coming out of Brexit. Also, the latest Lloyds Bank research reveals that confidence is up in terms of production output across the regions. So not all […]
After a long wait, the government has announced the appointment of the Small Business Commissioner. How will the new Commissioner, Paul Uppal, help small businesses, particularly when it comes to late payment? Starling Bank, the mobile-only bank account provider, has announced the forthcoming launch of its mobile account service for businesses. They are looking for […]
We open our Bulletin with our concluding review of the latest SME Finance Monitor report. How many businesses are really getting a ‘yes’ from their bank? That’s one question the report answers and the reply may cause many businesses to re-think their approach. Have you heard the term FinTech? If not, you may be surprised […]
Continuing our review of the findings from the latest SME Finance Monitor report, we look at what is holding small businesses back from borrowing. The survey revealed four reasons why businesses feel uncomfortable in taking on debt. Whilst many businesses think that lenders are reluctant to support businesses, one bank is actively looking to assist […]
Is appetite amongst small businesses to borrow money on the wane? According to the latest SME Finance Monitor Report this is the case. We take a look at how more business owners are opting out of taking on debt in favour of pursuing a ‘slow growth or no growth’ strategy. On a more positive note, […]
Late payment is a continual challenge for small businesses and a recent survey carried out by Zurich lays the blame at the door of the larger businesses. We share the findings of this latest research and what you can do to combat suffering from late payers. With many people being uncertain about the current performance […]
The latest ‘Voice of Small Business Index’ from the FSB for Quarter 2 to June 2017, shows that only 14 per cent of small firms applied for external finance in the three months to June. The FSB commented that the low figures are being driven by lower investment intentions and confidence levels on the back […]
Following on from the first part of “How Do Banks Assess Your Finance Request?”, we now move on to Part 2. As outlined in Part 1, when applying for business finance, it’s useful to understand what lenders are looking for. In this second session, we continue our review of the CAMPARI framework which banks follow […]