Not unexpectedly, after 10 years the Bank of England has increased the cost of borrowing. In our latest Bulletin we look at how this increase will affect both business borrowers and savers.
Marketinvoice, the online invoice discounter, has launched an unsecured business loan product bringing another option to those businesses in need of a short term loan. We review how it works and which businesses are eligible to apply.
The Enterprise Finance Guarantee Scheme, a little known finance product offered by the High Street banks, has hit a new milestone. The scheme, overseen by the British Business Bank, can help those businesses with a viable proposition but lacking in security. Could it help you?
To start this latest Business Finance Bulletin, we’re delighted to introduce Sue Lewis as the latest addition to the Business Loan Services team. With 25+ years in the finance sector Sue is a great asset to BLS.
Managing finances and cashflow is highly ranked as one of the stressful aspects of running a business. What can you do the relieve yourself of the burden? We share one tip from a recent seminar BLS’s Rob Warlow hosted for Sterling Networks in Worcester.
Collaboration between businesses which have the same target market, being small businesses, continues to prove popular. We have news of a tie-up between SagePay and Liberis, the short-term loan provider, which help SagePay clients have quicker access to finance.
For more information on short term business loans and whether it can work for you, simply contact us for a no-obligation chat.
In the latest Business Finance Bulletin, we kick off with… the election. Sorry! We look at how this distraction could affect small businesses, access to finance and spending habits.
On the back of findings by Hitachi Capital and the FSB, more attention is now being given to the impact rising costs is having on small businesses. If you are faced with increasing costs, what you can do to preserve your bottom line?
During periods of growth one thing small businesses want is quick access to finance. To close this Bulletin, we look at what short term finance provider Yes Growth can do to support growing businesses in need of additional working capital.
In the latest episode of the Business Finance Bulletin we review the most recent quarterly survey from the Federation of Small Businesses. The report reveals falling confidence levels amongst SMEs but there’s good news in terms of access to finance with more businesses getting the finance they need.
We have news of another alternative lender, merchant cash advance provider Liberis, which has benefited from the British Business Bank ENABLE programme via a £5m fund to on-lend to growing SMEs.
Businesses in the Greater Manchester area which are exporters or have ambitions to export can now take advantage of a new £9.5m fund. We take a look at how the Greater Manchester Export Fund works.
In the Business Finance Tip of the Week a chat with Steve White of Thornbury Collections in which he shares the strangest late payment excuse he’s ever heard and general tips on managing late payment.
In this episode of the Business Finance Bulletin a look at the announcements in this week’s Budget focusing on small business finance issues. There’s news of a fund for growing businesses, Help to Grow, an extension of the Enterprise Finance Guarantee programme and a further step forward in the launch of the Bank Referral Scheme.
When comes to dealing with finances time is also short and that’s why clients of alternative lender Just Cashflow can now benefit from the launch of a new mobile app. We take a look at how it can help time-stretched business owners.
Concluding our look at the findings from the latest SME Finance Monitor report we review small businesses attitude to debt and awareness levels of alternative funding sources such as crowdfunding.
In the Business Finance Tip of the Week a signpost to a video on how to calculate and use the Stock Turnover Ratio to improve your stock management and boost your cash position.
In the latest Business Finance Bulletin episode Business Loan Services’ Rob Warlow takes a look at a recent survey carried out by short-term business loan provider Just Cashflow on business owners skills gaps and what they wished they had known when they first started out in business.
Late payment continues to be a problem for growing businesses and Rob shares findings from two surveys carried out by BACS and the Asset Based Finance Association which reveal a mixture of good news and bad news on late payment experiences.
There is news from Metro Bank, one of the growing number of challenger banks, on the revamp of its small business offering.
And in the Business Finance Tip of the Week Rob shares insights into problems some of the Business Loan Services’ clients have experienced in terms of their credit reports which are vital when it comes to obtaining business finance.
In the latest Business Finance Bulletin episode Business Loan Services’ Rob Warlow looks at the latest statistics on bank lending to small businesses which show that banks are starting to provide more support.
Evidence of an increase in bank appetite to lend to small businesses is starting to show as Rob discusses news from HSBC of renewed focus it is giving to supporting UK small businesses.
You may not expect one of the Dragons Den panel to turn to crowdfunding to raise finance but that is exactly what Kelly Hoppen has done. Rob looks at a pitch Kelly has launched on crowdfunding platform Crowdcube.
In the Business Finance Tip of the Week Rob looks at the short term finance market in a chat with Max Woodman from Catalyst Finance and how they are helping businesses fill short term cashflow gaps.
If you prefer to listen to this episode of the Business Finance Bulletin you can listen below or download to your PC or phone.
You can also listen via our itunes channel here.
In the latest Business Finance Bulletin Rob Warlow discusses findings from the latest SME Finance Monitor report on small businesses appetite to borrow. Is it as strong as we think?
One industry sector that does struggle to raise finance is the UK house building trade. Rob shares news of a new fund Santander is putting together to help house builders who need development finance.
During the financial crisis short term business loans have become popular and Rob looks at the news of the takeover by EzBob of Everline. With both companies having lent a combined £54 million the short term business loan industry is set to grow further.
Following a workshop held by Aldermore Bank on Invoice Discounting Rob had a chance to catch up with Richard Whitehouse, Regional Sales Director to hear more about how invoice discounting can help unlock cash to fuel growth.
If you prefer to listen to this edition as a podcast click below or to download it to your phone click the download button.
Rob kindly agreed to attend the recent Pontypridd RFC sponsors networking evening and delivered what can only be described as an excellent talk on 5 Tactics to Boost Your Business and Your Profits. He kept the audience engaged throughout and the feedback from everyone was excellent. Rob is very knowledgeable on business and finance and on top of that is a genuine nice guy. We hope to have him back at a future event and I have no hesitation in recommending Rob’s services.
Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.
Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!
I wanted to thank you for such an insightful, energetic, and entertaining talk at the Kevin Green Wealth event on securing funding and creating a successful plan. It was brilliantly executed and a pleasure to listen to and the ideas I’ve learned are definitely going to help me in going forward.
Hi Rob, it was so interesting and entertaining listening to you at the Kevin Green Wealth Coach Workshop in Reading this weekend! I didnt realise you can find Finance proposals such fun!. Brilliant tips! Thanks.