In this Business Finance Bulletin, we look at the mixed messages coming out about business confidence amongst small business owners with a survey from the FSB which features both bad news and good news. Much has been made of the Bank Referral Scheme which will see banks referring businesses they can’t assist on to a […]
We start off this week’s Bulletin with the question of how many people who had a dream to run their own business actually took the step and if they didn’t, what was stopping them. Turning to more established businesses we look at findings from a recent report, DNA of an Entrepreneur, on how business owners […]
When getting a business loan to finance your growth plans your bank will want to see a contribution from you. In this clip Business Loan Services’ Rob Warlow explains why this is important for both the bank and your business.
Kicking off this Business Finance Bulletin is a look at findings from the latest SME Finance Monitor Report which includes a focus on small business borrowing appetites. The report reveals that a large number have no interest in taking on finance. The British Business Bank has been supporting a number of alternative lenders with additional […]
To start off this Business Finance Bulletin we take a look at a new milestone achieved by the Start Up Loans Company in terms of the volume of loans disbursed. However, the question is being asked as to how much this government scheme has lost in the form of written-off loans and those that have […]
Has your bank said ‘no’ to your business finance request? One reason could be that you have no financial information or it’s out of date. In this interview, BLS’ Rob Warlow explains why you need to have financial information in order to access finance.
We open this Business Finance Bulletin by taking a look at the latest Bank of England statistics on bank lending to small businesses. The figures to the end of July show strong support to SMEs but will this continue post-Brexit? Bad debts and writing off irrecoverable amounts is not what you want to happen every […]
Getting a business loan is not only down to having a solid Business Plan but also about you; the bank is giving a business loan to you, not just your business. And this is where the pitch comes in. Your business loan pitch is your opportunity to present both your business and yourself. In this […]
The reasons for business failure can be many but we start the latest Business Finance Bulletin by looking at two key reasons as revealed in a survey carried out by R3, the insolvency industry body. Banks and small businesses have had a strained relationship and according to a new study just out, it’s not got […]