Anthony Persse, director of strategy at Ultimate Finance, considers whether the Bank Referral Scheme is a solution to a problem that doesn’t exist.
Growth capital loans are an alternative source of funding for fast-growing small and medium-sized businesses. It is capital that can help companies grow but which does not require to give up control of the company or dilute its equity.
OakNorth has appointed a new CFO as it approaches the £500m lending milestone, while it plans to unlock access to finance for many more entrepreneurs this year.
As a longstanding software company – Oyster Bay has been running since the 80s – it is important to keep up with changing technology.
A new mobile business loans service from Barclays, which will provide instant capital to SMEs, is set to unlock a £34.25bn economic opportunity for growing companies by 2021.
Metro Bank has started the New Year with an immediate push for new customers by pledging a £1bn fund for British businesses.
Hampshire Trust Bank has unveiled both good and bad news when it comes to being able to secure finance in its SME Growth Watch Report 2016.
Working with your spouse in most industries can be a trying experience, but working with them in a high pressure environment where large amounts of money is being moved about can test even the best of relationships.
Leon, the natural fast food business inspired by the Mediterranean, has secured a £19m loan from entrepreneur-facing bank OakNorth to grow its operation with 50 new jobs in the next four years, which will create 1,000 new jobs.
On the surface, HSBC’s announcement of its largest funding commitment to date for UK SMEs may seem astounding. It is well known that since the financial crisis banks have been lending less to small businesses, hence the rise of alternative finance.
Peer-to-peer finance business Lending Works demonstrated significant growth milestones in 2015, showcasing how powerful the P2P platform has become as the number of loans via the platform rose fourfold.
Access to finance from traditional bodies is difficult for British businesses, but a new European Commission-backed scheme has unlocked £100m worth of loans for the country's SMEs from the European Investment Fund and Barclays.