Industry News

Alternative Finance Becoming The Number 1 Choice For SMEs

Over the past 2 years, the number of UK start-ups has increased to a record high. Each year, more than 500,000 new small businesses have emerged, with a key driving factor being relatively low start-up costs compared to previous years as technologies have become more available and more affordable. However, when it comes to growing…

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The Route – Finance And The British Business Bank

The Route – Finance has submitted an expression of interest (EOI) to The British Business Bank to become a designated Finance Referral Platform. The goal of the British Business Bank is to provide SMEs with increased access to more finance from a greater number of providers through a wider range of products. Importantly, the British…

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Be The Bank Book Launch – Hosted By The Route Finance

The Route – Finance will be hosting the book launch of the newest title from Richard Admiraal this evening in The Sky Bar at the London Coliseum. Admiraal’s work, fully entitled Be The Bank: How To Earn High Returns Securely By Lending To SMEs, can be purchased from bookstores and online paperback retailers. Tonight’s official…

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The Route – Finance Join NACFB

The Route – Finance has added its presence to the ever-growing list of approved Members at the National Association Of Commercial Finance Brokers (NACFB). Members of the group work across the whole commercial finance sector, and operate in areas such as commercial mortgages, leasing and asset finance and vehicle finance. Since its inception in 2008,…

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Funding For Lending – A Rise In The Numbers

The latest figures for the Funding for Lending Scheme (FLS) – the Bank Of England and Treasury scheme – are in, and they have started to rebound. The initial aim of FLS was to increase bank lending – especially to SMEs – by £70bn, in an effort to bolster the economy following the financial crisis…

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P2P Lending: Who’s Leading The World?

The UK, the EU and the US. These are the 3 regions that come to mind when we talk about the growth of P2P lending. But which one of these is the true spearhead of the market? On Friday May 15th, Business Insider’s research unit BI Intelligence released a new report that scrutinises the global…

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Alternative Finance: A UK Success Story

Alternative finance is no longer a niche industry – in fact it is very quickly turning out to be an economic success story. And this is especially true in the UK where growth in the sector is outstripping the rest of Europe combined. (Image Source: tech.eu) The UK is by far the largest country in…

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P2P Lending Taking Business From Banks

There’s a question on the lips of many of many entrepreneurs today looking for loans to grow their businesses – ‘Do I still need a bank?’ No, is the short answer. Bank lending experienced a huge shortfall during and following the financial crisis, and that in the end turned out to be the key driver…

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P2P Lending Cutting Banks Out of Mortgage Market

As banks continue to lose their competitive grip on more and more financial products, the space has been made for alternative finance solutions to move in – and mortgages are yet another target for peer-to-peer (P2P) investors. In the past, if you wanted a mortgage, you went to your bank. But, in the future, it…

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