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