Business Finance Bulletin Epsd 19: Crowdfunding Rules, OFT Finance Review & Invoice Discounting
This week’s Friday Business Finance Bulletin is out and I look at the new rules being introduced by the Financial Conduct Authority to regulate the crowdfunding and peer-to-peer lending sector.
Also I take a look at the launch of a new one-stop information site for alternative sources of finance speared-headed by Funding Circle, Zopa, MarketInvoice, Platform Black, Seedrs and Crowdcube.
There’s news from the OFT on its interim report into the SME finance market and I look at a survey from Lloyds Bank on cashflow and invoicing.
In the Finance Tip of the Week, following a session with a team of bank managers I share three key things which bankers say hold them back from giving a ‘yes’ to a business finance request.