Times of uncertainty can make businesses more susceptible to scams. Opening this latest Bulletin, we look at a report from Barclays which reveals a stark increase in the number of business scams. How can you avoid falling victim? As we edge closer to the end of 2020 business owners are facing a squeeze on cashflow. […]
Starting this latest Business Finance Bulletin, good news for Directors concerned about potential personal liability on decisions being taken with an announcement that the suspension on Wrongful Trading has been extended. How satisfied are you with the service your bank is providing and what factors would you take into consideration if you were to move […]
Opening our latest Bulletin, news from the Start Up Loan company that it has appointed its latest batch of 12 Ambassadors. These are businesses owners who have built a successful business after receiving a start up loan. We take our monthly look at the Bounce Back and CBILS loan sector. Whilst the figures show a […]
To open this latest Business Finance Bulletin, we look at an announcement from Just Cashflow that it is about to launch its own Business Account. Just Cashflow clients will now be able to take advantage of this new service which offers all the features of a traditional bank account. Good news for small businesses looking […]
Opening this latest Bulletin, we take a look at a disclosure from the British Business Bank as to the number of fraudulent Bounce Back Loan applications lenders have intercepted, and the amount prevented from being lost to criminals. A report from the EY Item Club has revealed the staggering amount businesses have borrowed in 2020. […]
The government has extended the CBILS and Bounce Back Loan Schemes and also allowing businesses to top-up their Bounce Back Loan scheme if you didn’t take the full allocation. We look at why you need to be careful if you plan to top-up your Bounce Back Loan
Whilst it is always wise to review your costs and overheads, new research has revealed that businesses are cancelling insurance policies to save on the premiums. Opening this week’s Bulletin, we look at the top 3 policies businesses are cancelling and the risks they are taking. We review the latest Red Flag Alert report from […]
As the application deadline for the Bounce Back Loans and CBILS looms we open this Bulletin with a review of the latest figures on the number of loans and amounts borrowed. There are also signs that lenders are starting to close their doors early. A survey from Hitachi Capital Business Finance reveals that small business […]
Opening the latest Business Finance Bulletin, we look at a new offering from alternative finance provider Just Cashflow. With more traditional cashflow issues starting to re-appear, Just Cashflow has launched a VAT Loan facility to support businesses with payment of their VAT liabilities. Despite the perilous state of the UK economy, the latest figures on […]
The latest review of business borrowing by UK Finance has revealed a staggering increase in the amount of debt firms took on in Quarter 2 of this year. The figures highlight the debt mountain businesses face repaying in 2021. Research from Nimbla, the trade credit insurance provider finds that many businesses are still owed money […]