Ratesetter SME Loans, Alternative Finance, Barclays Scotland Fund & Selective Invoice Discounting – BFB Epsd 126
In this week’s Business Finance Bulletin news from crowdlender Ratesetter on the formal launch of its small business loan product which, in the pilot stage, has already seen £250m distributed to UK SMEs.
Staying with alternative finance we look at results from Close Bros latest quarterly Business Barometer which reveals that a significant number of businesses believe that alternative finance can help grow their business.
Turning to traditional finance, we have news from Barclays Bank on a new fund to support lending to small businesses in Scotland.
To close we have insights from Max Woodman of Catalyst Finance on how their Selective Invoice Discounting service can help alleviate cashflow problems.