Posts Tagged ‘Funding Circle’

Alternative Finance & Institutional Investors, Cost of Late Payment and Open Banking – BFB 239

Posted on: December 15th, 2018 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

When the alternative finance providers entered the market to satisfy small businesses demand for finance, it was personal investors who provide the cash. We are now seeing institutional investors taking serious interest in the sector with announcements of tie-ups from Funding Circle and Thin Cats.

As well as holding back growth, late payment can have a costly impact on small businesses. BACS, the payment service provider, has taken a look at how late payment can affect small businesses, both in terms of cash and other knock-on effects.

To close this Bulletin, news from short-term lender Iwoca, which has announced agreements with another two major High Banks to utilise the benefits of Open Banking. Another step forward in speeding up access to finance.

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.

Funding Circle Boost, Business Borrowing Appetite and Alternative Finance Growth – BFB 237

Posted on: December 1st, 2018 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

To open this edition, we look at the announcement from Funding Circle, the business peer-to-peer lender, that the British Business Bank is to provide £150m for on-lending to UK small businesses. This second tranche of from the bank is set to support approximately 2,000 businesses.

The latest figures from UK Finance, the banking industry’s trade body, reveals that small business appetite to borrow is still on the wane. The fall in borrowing from the banks has tuned into businesses seemingly hoarding cash with a jump in amount of money held on deposit.

To close, positive news in a recent report by the Cambridge Centre for Alternative Finance which points to a continued rise in lending provided by the alternative finance sector. But it’s not only the supply of debt on the rise; equity facilitated by specialist platforms has also seen an increase.

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.

Angel Investors, Funding Circle’s Impact and Business Borrowing Appetite – BFB 220

Posted on: June 23rd, 2018 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Accessing finance via Angel investors is one source of growth finance. Who are these investors and what do they look for when taking a stake in a business? To open this Bulletin, we look at the latest annual Angel investor review undertaken by the British Business Bank and the UK Business Angels Association.

Since its inception in 2010 Funding Circle has supported thousands of small businesses via its business loan product. To understand the impact their support has had on the UK economy Funding Circle teamed up with Oxford Economics to carry out an in-depth study. The results show how access to finance can have a positive knock-on effect in the economy.

Despite the benefits of sensible borrowing the latest report from the SME Finance Monitor team reveals that demand for finance remains weak. The report highlights how the number of businesses declaring they have no intention of borrowing money has reached a new high.

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.

Funding Circle Business Champion Programme, CountingUp Business Account & Business Confidence – BFB Epsd 211

Posted on: April 23rd, 2018 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

To open our latest Bulletin, we share the great news that Funding Circle has invited BLS to join its Business Champion Programme. This is in recognition of the quality introductions we have made to them, adherence to their guidelines and our knowledge of the marketplace. So how will our inclusion to the Programme benefit our clients?

More developments in the mobile banking industry with the announcement from CountingUp that it has now launched its Business Bank Account. We look at how the service differs from other mobile banking apps on the market.

To close this edition, we review two surveys from Bibby Financial Services and the Institute of Directors which reveal that business confidence continues to recover from recent low points. However, businesses still see a number of challenges facing them when it comes to growth.

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.

BLS Joins Funding Circle’s Business Champion Programme

Posted on: April 18th, 2018 by blsuser1 No Comments Tags: , , ,
Posted in Business Loan Services News

Business Champion Logo 122017-3
We’re delighted to share the news that Funding Circle, the UK’s leading debt crowdfunding platform, has formally invited Business Loan Services to join their Business Champion Programme.

The Programme is only opened to selected Finance Brokers and our inclusion to this exclusive group is a recognition of the high-quality clients we have introduced to Funding Circle during our association.

Our focus on supporting our clients, by investing time in understanding their business and assisting Funding Circle in their assessment by carrying out a thorough due diligence in advance of submitting a loan application, has been key to maintaining our high performing loan portfolio.

How does our inclusion on the Business Champion Programme benefit our clients?

The programme will bring:

Thanks to the Funding Circle team who have supported BLS over the years, including James Lovett, Dan Stanton and our current Manager Alex Austin.

British Business Bank SME Support, Funding Circle & Just Eat, and FSB Late Payment Help – BFB Epsd 178

Posted on: July 22nd, 2017 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

The British Business Bank, which was established to improve small business access to finance, has issued its latest Annual Report. In our latest Bulletin, we take a look at the progress the Bank has made over the last 12 months.

Alternative lenders are being increasingly quirky in how they tap into new markets to offer finance. We look at the news of a link-up between Funding Circle and takeaway app Just Eat which aims to boost takeaway owner’s access to finance.

The Federation of Small Businesses has always championed ways of tackling late payment and so it comes as no surprise that it has launched a service to help small businesses get paid on overdue invoices.

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.

Clydesdale & Yorkshire Bank Finance, Business Growth Plans and Funding Circle Property Development – BFB Epsd 164

Posted on: April 15th, 2017 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

In this edition of the Business Finance Bulletin, we start off by looking at an announcement from Clydesdale & Yorkshire Bank of funds set aside to support growing businesses during 2017 and 2019.

The latest monthly survey from the SME Finance Monitor team reveals small business owner’s growth plans and how exporters are more ambitious. There is also more evidence that businesses are reigning in their desire to borrow money to fund growth.

Funding Circle, one of the leading lights in the peer-to-peer lending market, has stated that it is winding down their property development finance offering so it can devote resources to its core business loan product.

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.

Profit Improvement, Business Finance & Growth, Funding Circle Milestone – BFB Epsd 157

Posted on: February 24th, 2017 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Whilst small businesses can sometimes beat the bigger players in the market, occasionally we can learn a trick or two from them. In this edition of the Business Finance Bulletin, we take a look at strategies being employed by Chief Financial Officers to boost their company’s performance. What tips can you take action on?

How do small business owners view the finance market and their growth prospects? That’s a question posed in the latest Business Finance Survey carried out by the British Business Bank. Not surprisingly, the survey reveals positive news… and less positive expectations when looking ahead.

To close the Bulletin, we share news on a new milestone reached by peer-to-peer lender, Funding Circle, in terms of the amount it has lent to small businesses.

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.

Funding Circle Investment, SME Borrowing Appetite and Business Confidence in 2017- BFB Epsd 151

Posted on: January 13th, 2017 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

In the latest Business Finance Bulletin we start by looking at news from Funding Circle of £40m from the British Business Bank to invest in business loans alongside private investors. In addition to this there’s news of £82 million raised to support Funding Circle’s growth plans.

How hungry are small businesses to borrow money in 2017? That’s a question posed by Zurich in their latest SME Risk Index survey. Are businesses looking to borrow more or less than in 2016?

To close, we take a look at separate findings from the Federation of Small Businesses and Smith and Williamson on how confident small business owners are entering 2017. It’s clear that many are choosing to ignore any gloomy economic messages.

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.

Santander & Crowdfunding, Funding Circle Changes and Bank Lending to SMEs – BFB Epsd 140

Posted on: October 7th, 2016 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

In the latest Business Finance Bulletin, a look at a support package being granted by Santander to charities and community groups raising funds on Crowfunder. The match-funding deal will allow these organisations to further leverage the funds they raise.

Funding Circle have announced an upward movement in the maximum they can lend to certain categories of businesses. We look at how this is a positive move for good quality businesses in search of finance.

Turning to the traditional High Street lenders, we take our monthly look at how much banks are lending to small business owners with the release of the latest Bank of England figures. Is the figure up or down?

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.

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