In this episode of the Business Finance Bulletin a look at the latest statistics from the Bank of England which reveals the current level of borrowing by UK SMEs.
Also a review of the key findings from the recent SME Finance Monitor Report which includes how many businesses are using external sources of finance, the type of SMEs accessing such finance and the number of businesses who are not borrowing at all.
Marketinvoice, the online invoice discounter, has taken a look at late payment experiences across 80 countries and the results indicate that we have a lot of work to do in the UK to speed up payment.
Are you planning to grow or change your business within the next three months? That’s the question posed to 1,021 businesses by Hitachi Capital as part of its regular British Business Barometer Report and the answer reveals that SMEs are now more cautious than before.
And in the Business Finance Tip of the Week a signpost to a recently posted video which shows you how to calculate and use the Creditor Payment Ratio.
If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Stitcher or itunes channel.
Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!
Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.
Rob kindly agreed to attend the recent Pontypridd RFC sponsors networking evening and delivered what can only be described as an excellent talk on 5 Tactics to Boost Your Business and Your Profits. He kept the audience engaged throughout and the feedback from everyone was excellent. Rob is very knowledgeable on business and finance and on top of that is a genuine nice guy. We hope to have him back at a future event and I have no hesitation in recommending Rob’s services.
I wanted to thank you for such an insightful, energetic, and entertaining talk at the Kevin Green Wealth event on securing funding and creating a successful plan. It was brilliantly executed and a pleasure to listen to and the ideas I’ve learned are definitely going to help me in going forward.
Hi Rob, it was so interesting and entertaining listening to you at the Kevin Green Wealth Coach Workshop in Reading this weekend! I didnt realise you can find Finance proposals such fun!. Brilliant tips! Thanks.