We open our latest Bulletin with news of another tranche of money released as part of the RBS bailout package. Designed to improve competition in the small business banking market, eleven banks have the opportunity to incentivise small business owners to switch from RBS.
Paypal may not immediately jump to mind as being an alternative lender but since 2014 their Working Capital loan product has been a life line for small businesses in need of finance. Available only to Paypal clients, we look at how loan usage has jumped over the last 12 months.
Despite everything going on politically and economically, a new survey from Hitachi Capital reveals that many small businesses are planning growth. What are their top three growth priorities?