Posts Tagged: alternative business finance

SMEs Increasingly Using Pensions To Fund Growth

Pension-led funding (PLF) is being used by an increasing amount of SMEs for the purposes of financing growth and expansion. According to a recent report by Nesta and Cambridge University, £25 million of funding was secured by SMEs using PLF last year. The average amount raised via the pension-led funding route was just over £70,000,…

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Less Than 1% Of SMEs Accessing Invoice Finance

The problem of unlocking cash flow throughout the supply chain is well-documented. The culture of late payments in B2B operations is a serious hindrance to many businesses, and has a crucial impact on commerce around the globe. Recent research from Lovetts, as we have previously reported, reveals that “late payers are being allowed 20 more…

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Bye Bye Banks? They Don’t Think So…

As previously reported, awareness of alternative finance is still somewhat of a sticking point amongst SMEs. With 42% unaware of the options that are available, and only 9% actually approaching an AltFi platform for funding, it is an ongoing challenge for the sector to try and permeate the mainstream and earn its place on the…

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Understanding The Alternatives: A Guide To Alternative Finance Platforms

Every industry and discipline the world over has its own set of jargon that you simply won’t encounter anywhere else. If you’re into poetry, then you will be dealing in the realms of enjambment, villanelles, caesuras, and anapaestic tetrameter. If you’re unfortunate enough to find yourself in the world of law, then it’ll be insolvencies,…

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The Route – Finance Investors Provide £875,000 Loan To Rehabilitate Brownfield Site With Interesting “Spin”

The Route – Finance has approved a loan of £875,000 for the purchase of a former brick clay pit site in County Tyrone, Northern Ireland, which extends to nearly 200 acres and borders the town of Coalisland. The lands had been subject to both coal mining and clay extraction for approaching 150 years, with the…

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Alternative Finance – Beating Banks At Their Own Game

Peer-to-peer (P2P) lending has proven to be a true rose growing from the concrete rubble of the battered economy. Such lending is proving for many SMEs to be a faster, safer and smarter provider of finance that the banks have been failing to deliver now for far too long. Derek Butler, chief executive of GRID…

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Alternative Finance Platforms On Track To Lend £4.4 billion

In conjunction with rising demands, peer-to-peer (P2P) lending platforms are experiencing soaring growth rates, as more and more SMEs are bypassing banks to gain access to funding. Recent statistics from Companies House indicate that in 2014 a record breaking 581,173 new businesses were created, and that as of June 2015 a further 204,075 have been…

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Demand For Alternative Finance To Soar

  A new study by Amicus Finance Plc has found that nearly two thirds of SMEs expect the demand for alternative finance to increase dramatically over the next two years. The study underlines the continued lack of trust and decline in support for traditional mainstream lending, with 60% of SMEs predicting that demand for alternative…

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The Route – Finance Join ABF

The Route – Finance is amongst 18 new funders that have joined ABF (AlternativeBusinessFunding.co.uk), bringing the total number of funders on the platform up to 51. The ABF is one of the true success stories for alternative finance that has come out of the UK in the wake of the financial collapse at the end…

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