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