Business Finance Bulletin No 52: Venture Funding Hubs, Bank Lending, Why Businesses Don’t Borrow
In the latest Business Finance Bulletin Rob Warlow looks at the forthcoming launch of country-wide Venture Funding Hubs which will provide free advice to businesses wanting to know more about crowdfunding and how it works.
Turning to conventional sources of funding Rob looks at the latest bank lending figures which perhaps not surprisingly show a further fall in the total amount outstanding to UK businesses. However, there is a glimmer of some good news.
What banks are looking for in a finance request is the subject of a recent review, The State of Business Finance, carried out by the Association of Chartered Certified Accountants and Rob shares the one message this report has for banks.
Whether businesses actually want to borrow is a topic that is rarely looked at but as Rob discusses there is a large section of the UK business market that have no interest in borrowing. In a clip from a live seminar Rob looks at the key reasons why business owners say they are not interested in looking for finance.
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