Posts Tagged ‘Aldermore Bank’

What’s Ahead for Small Businesses, New Lenders and Updates on Bounce Back Loans and CBILS

Posted on: June 22nd, 2020 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Starting this week’s Bulletin, with businesses either back trading or gearing up to open the doors, we look at surveys from Aldermore Bank and UK Finance which reveal how businesses see the next 12 months in terms of borrowing and growth.

The British Business Bank announces accreditation of more new lenders on the Bounce Back and CBILS loan schemes. Are we at the stage where there are enough on the panel of lenders?

To close, we review the latest figures on the two loan schemes and consider why the number of unsuccessful CBILS applications remains stubbornly high.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Google, Spotify, Stitcher or itunes channel.

Business Finance Bulletin · What’s Ahead for Small Businesses, New Lenders and Updates on Bounce Back Loans and CBILS

Using your CBILS and Bounce Back Cash; Business Confidence; and Latest Support Loan Figures

Posted on: June 1st, 2020 by blsuser1 No Comments Tags: , , , , , , , , , , ,
Posted in Business Finance Bulletin

Kicking off the latest Business Finance Bulletin, with businesses now in receipt of CBILS and Bounce Back Loans, what can you do with the cash? We look at one use you should think very carefully about before pushing the button.

Naturally, business confidence has taken a hit over the last few months. I discuss how confidence levels are faring and review a survey from Aldermore Bank on the impact on business income since the lockdown.

To close, our regular look at the CBILS and Bounce Back Loan statistics. How many businesses have taken advantage of this government support scheme?

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Google, Spotify, Stitcher or itunes channel.

Business Finance Bulletin · Using your CBILS and Bounce Back Cash; Business Confidence; and Latest Support Loan Figures

Bounce Back Loans and CBILS Update, Business Pressures and Trade Credit Insurance – BFB 299

Posted on: May 18th, 2020 by blsuser1 No Comments Tags: , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Kick starting the latest Business Finance Bulletin we take our regular look at Bounce Back loans and CBILS progress. The Bounce Back loans have proved to be popular, but some concerns remain among businesses still struggling to access the Scheme.

Aldermore Bank have surveyed businesses to understand the impact the lockdown has had on business sales. However, the survey reveals that businesses have taken bold and swift steps to safeguard their future.

Closing the Bulletin, looking ahead to post-lockdown the government has pledged support to the Trade Credit Insurance sector. The support package will ensure firms can confidently continue offering credit terms.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Business Confidence Rises, Business Savings Rates, Small Business Borrowing – BFB 279

Posted on: December 2nd, 2019 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Opening this week’s Bulletin, a surprising continuation in the rise in business confidence despite the looming general election and Brexit limbo. However, another survey reveals that the feeling of uncertainty still prevails, especially among younger businesses.

With approximately £382b held on current accounts and low interest deposit accounts, findings from Aldermore Bank exposes how much businesses are losing out by not maximising deposit account returns.

To wrap up this episode, a look at how small businesses are still limiting their borrowing appetite as revealed in the latest Bank of England bank lending figures.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Buy to Let Confidence, Alternative Finance Growth and Commercial Property VAT Loans – BFB 264

Posted on: June 29th, 2019 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

To open our latest Bulletin, we look at a survey from Cambridge and Counties Bank which reveals that unlike other sectors the Buy to Let industry remains confident about the future. Such is the feeling of optimism, the survey finds that many landlords are looking to expand their portfolios.

In terms of lending products being using to fund their businesses, online Invoice Discounting platform MarketInvoice finds that firms are moving away from the old traditional forms of finance. What forms of finance are businesses now accessing?

Occasionally, commercial property buyers can be surprised to learn that the property being purchase is subject to VAT. This can cause an unplanned hit to cashflow. We take a look at a new short-term VAT loan launched by Aldermore Bank to help ease the pain.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Aldermore Bank’s 10th Anniversary, Personal Guarantee Insurance and Late Payment Call Out- BFB 259

Posted on: May 25th, 2019 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

The credit crunch in 2008 was the start of the rise of the so-called Challenger Banks. This month, one of those early entrants, Aldermore Bank, celebrates its 10th anniversary. To open our latest Bulletin, we take a look at Aldermore’s achievements over the last 10 years.

When borrowing via a Limited Company, one downside is that lenders expect Directors to provide Personal Guarantees. Many can be reluctant to sign and in some cases it’s enough to put them off borrowing. However, that risk can be offset by taking out a Personal Guarantee Insurance policy. We take a look at how it works and where you can obtain such a Policy.

To close this Bulletin, news from The Small Business Commissioner that it has named-and-shamed another high profile business for its late payment practices. Another success story for the Commissioners Office with £32,000 paid following its intervention.

Revolut Bank, British Business Bank Support and Business Confidence – BFB Epsd 208

Posted on: March 31st, 2018 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

To start our latest Business Finance Bulletin, news from Revolut Bank, an internet and mobile-only bank which we have not featured before. Revolut has announced forthcoming enhancements to its service offering which will provide wider benefits to its 16,000 business customers.

The British Business Bank, the government’s home for its finance programmes, has supported two more challenger lenders in their aim to broaden access to finance. Aldermore and 1pm will be using the finance schemes to widen the reach of their asset finance products.

Business confidence appears to be strengthening. That’s the message coming out from two surveys undertaken by the FSB and Lloyds Bank. However, there are still a number of factors holding businesses back when it comes to pursuing growth.

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.

Succession Planning, Peer to Peer Lending on the Rise & 3 Minute Business Loans – BFB Epsd 166

Posted on: April 29th, 2017 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Have you ever thought what would happen to your business if something befell you or a key employee? In this edition of the Business Finance Bulletin we look at this question posed by Aldermore Bank in a recent survey. Are you at risk and if so how can you mitigate the impact?

The rise of the alternative lenders as a credible source of finance continues. We review the latest figures from the Peer to Peer Finance Association which reveal new highs in terms of money being lent out by Association members.

How does a 3 minute loan sound? If you’re a Nat West small business customer looking for a loan of less than £35,000 then we have news of how you may be able to take advantage of their soon-to-be-launched online application platform.

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.

SME Borrowing Concerns, Missed Opportunities and Fast Business Loans – BFB Epsd 160

Posted on: March 17th, 2017 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

The latest SME Finance Monitor Report reveals an interesting insight into small business owner’s current thoughts about borrowing money. In this episode of the Business Finance Bulletin we take a look at feedback from small business owners on their appetite to borrow and funding growth.

Deciding to sit back and self-fund your growth plans, whether intentionally, or because you can’t find finance, comes at a cost. This is the finding from a survey carried out by Aldermore Bank which reveals that business opportunities are being lost because small businesses can’t access the right finance.

Looking for a fast, short term business loan? How about one in 12 minutes? We look at a new lending service launched by Ultimate Finance, the Cash Advance, which promises quick access to short term business finance with minimal fuss.

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.

Asset Finance & Bank Lending, Business Confidence and Late Payment – BFB Epsd 149

Posted on: December 16th, 2016 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

In this Bulletin, we kick off with our monthly round-up of how lenders are supporting businesses in terms of accessing finance. We look at the latest figures from the Asset Based Finance Association which reveal record business being written by the asset finance sector and levels of support given by the traditional High Street banks.

We review research from Aldermore Bank which shows that business confidence continues to define expectations with SMEs positively looking forward to 2017. How are they planning to expand?

The government is finally beginning to share the rules and regulations they plan to implement in 2017 to curb the late payment epidemic. We look at the steps they will be taking with effect from 1st April 2017 and no doubt large businesses will be concerned about another set of bureaucratic rules to follow!

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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