Kicking off our latest Bulletin, a report from UHY Accountants finds that the UK is in a business start up boom. The figures from HMRC reveal that more businesses were started in 2020 compared to 2019 as people had the opportunity to start up the business of their dreams.

Staying with start ups, we look at the announcement form the Start Up Loan Company that it has hit a new milestone in terms of money lent out and the number of new businesses supported.

To close, a survey from TSB highlights how few people are either aware of what a credit score is or of their score. When it comes to borrowing money, we look at how important your credit score is.

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Having a Credit Score at the right level is an important factor when seeking finance. To open this week’s Bulletin, we look at recent research from Experian, the credit reference agency, which reveals the area of the UK which has the highest average business Credit Score. Is it your region?

From launching a pilot online lending platform in 2017, NatWest has announced the formal roll-out of ESME Loans to its customers. We take a look at the levels of business done during the pilot phase and its key features.

To close, having avoided a mention of it in the previous Bulletin, we’re backed to a Brexit-focused story! Lloyds Bank, as part of a monthly Manufacturers survey, has found evidence that businesses may be starting to stockpile in advance of Brexit. What impact can this strategy have on cashflow though?

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.

One problem which can affect the outcome of your finance request is your credit score. In this Bulletin we look at findings from a recent survey carried out by Ratesetter Business Finance which reveals how many business owners have never checked their score. Don’t be one of them.

Business optimism appears to be on the up again. That the finding from the latest Deloitte’s quarterly Chief Finance Officer’s survey. However, a good number are still less than rosy. What factors are driving down the level of optimism?

Since the government’s Start Up Loan Co was launched in 2012 how exactly has it helped boost start ups? The British Business Bank has undertaken a review of its effectiveness and we look at how both starts ups and the overall economy have benefited from the support provided by the Start Up Loan Company.

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.

Late payment is a continual challenge for small businesses and a recent survey carried out by Zurich lays the blame at the door of the larger businesses. We share the findings of this latest research and what you can do to combat suffering from late payers.

With many people being uncertain about the current performance of the UK economy, one measure of confidence is the amount businesses are borrowing from the banks. I lift the lid on the latest Bank of England bank borrowing figures to see what businesses are up to.

To close this Bulletin, we share some recent experiences which highlight why you need to keep a close eye on your credit file. Lenders place a lot of emphasis on a clean report so it pays to keep your file in order.

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.