Start Up Loans, Finance Comparison Websites, Borrowing Application Success Rates – BFB Epsd 112

In this episode of the Business Finance Bulletin we start off with news of the latest addition to the BLS team, Simon Watts. We will be hearing from Simon in a future Bulletin with his thoughts on obtaining finance from banks.

Access to finance for start ups has always been a challenge and in this episode we look at a milestone reached by the Start Up Loan Company which was established in 2012 to help new businesses get finance.

Increasing competition in the SME finance sector has always been on the government’s radar and as part of its review into this issue the Competition and Markets Authority is advocating an SME finance Price Comparison website. Could it work?

Continuing our look at the findings of the latest SME Finance Monitor Report we look at the gap between business owner’s confidence levels at getting finance and what the actual success rate is after they have applied.

In the Business Finance Tip of the Week Rob shares a lesson learned from three recent client meetings which reveal that banks are indeed waking up.

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.

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What Our Clients Say

  • 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.

    Gaz Jabeen | Bollywood Burn Out
  • 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.

    Angela Holloman-Coombes | Connective HR
  • 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.

    Shayne Yates | Welsh Government Regional Centre Service Mid Wales
  • 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.

    Max Cooper of Manchester
  • 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!

    Kay Hyde | Hyde & Hyde Architects

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