Business Finance Bulletin No 58: Moving Banks, Alternative Finance and Start Up Loans
In the latest edition of the Business Finance Bulletin Rob Warlow looks at the findings from Close Brothers Business Barometer which reveals how reluctant some business owners are in hunting out new finance providers.
On the alternative finance scene Rob talks about Metro Bank’s 2014 results and how it’s living up to its aim of being regarded as the ‘bank for entrepreneurs’ by the range of business finance solutions it can offer.
Rob also reveals how the option to tap into the ‘crowd’ to fund expansion plans has been made easy with the news that FundingKnight has doubled the maximum amount it can arrange.
If you are a start up it is not easy to source finance but Rob looks at the news from the Start Up Loans company, the government supported loan company, on a new milestone being reached in terms of the number of loans granted.
And in the Business Finance Tip of the Week, a look at the looming Self Assessment deadline and what you can do to avoid a last minute panic!
If you prefer to listen to this week’s Bulletin in your car or on your phone you can download this episode via our SoundCloud page by clicking below.