In this episode of the Business Finance Bulletin we start off with findings from a recent survey carried out by Wesleyan Bank which reveals that a large proportion of small businesses now have an aversion to debt. The report also lists the common sources of finance businesses are turning to.
The Enterprise Finance Guarantee Scheme has been around for a number of years and following a review we look at suggestions made by the British Business Bank on how the scheme can be improved.
Late payment is a big barrier to growth, particularly for small businesses and this fact is highlighted in a new report from the Asset Based Finance Association. The report reveals a significant gap in experiences between small and large businesses.
We also take a look at a new app launched by Nat West designed to help its small businesses gain a better understanding of borrowing options.
In the Business Finance Tip of the Week, a question you should ask yourself before you go looking for finance.