Business Finance Bulletin Episode 89: Ethical Business Loans, EIS & SEIS, Crowdfunding & Profit vs Cash
In the latest episode of the Business Finance Bulletin Rob Warlow features ethical business lender Fair Business Loans and how after 10 years focusing on the London market they are spreading their wings to assist SMEs across the UK.
Rob reviews the findings from a recent Institute of Directors report on the Enterprise Investment Scheme and the Seed Enterprise Investment Scheme, which reveal that more needs to be done to raise awareness of how both businesses and private investors can make better use of the schemes .
Turning to crowdfunding Rob shares news of a collaboration between KPMG and crowdfunding platform Invest Den designed to provide support and guidance to those SMEs looking to raise funding.
If you are already using an invoice discounting line Rob looks at a new facility, Liquidity Plus, from Close Bros which potentially can release up to 100% of an invoice; a useful boost if working capital is tight.
And in the Business Finance Tip of the Week a look at the difference between profit and cash!