Posts Tagged: alternative business finance

Finance Directors Are Laggards When It Comes to Alternative Finance

 A new study from an independent senior recruitment specialist firm, Tindall Perry, reveals that 74 per cent of finance directors describe their knowledge of alternative finance as average or above, yet only a quarter of them were comfortable accessing crowdfunding or peer-to-peer lending.   Over 83 per cent of finance directors approach their bank first…

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P2P Players Prepare for a Busy 2018

Peer-to-peer lenders are preparing for another year of record levels of funding for SMEs (Small and medium-sized enterprises) in 2018. January has seen a profusion of announcements from lenders about new products, platforms and some lenders are revamping their brand in a bid to become the go-to lender for SMEs seeking loans as competition in…

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A Shifting Balance – Why Alternative Finance is Winning Market Share

Marketplace lending is now an established segment of the UK’s business finance ecosystem, but until relatively recently it has perhaps been considered as an ‘alternative’ solution – something that sits outside the mainstream.   It’s a perception that may be changing, as debt platforms take an increasingly large share of the SME lending market.  …

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Preparing to borrow – What A Business Needs To Do

                    Platform-based lending has undoubtedly opened up the UK’s corporate finance market. Five years ago, a small company seeking debt funding would have – almost by default – gravitated towards one or more High Street banks, or perhaps a specialist business lender, recommended by a broker.…

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Entrepreneurs Want to Quit Due to Cashflow Concerns

A new survey from Barclaycard reveals that 11 per cent of business owners have considered giving up their business as a result of a challenging cashflow problem. These issues keep 63 per cent of entrepreneurs awake at night, with a third admitting that insufficient working capital has stunted their growth plans.   With combined turnover…

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Startups and Small Businesses Drive Growth in Alternative Finance

The Cambridge Centre for Alternative Finance (CCAF) has published new data which shows the UK’s alternative finance market grew by 43 percent in 2016, and researchers are pointing to startups and small businesses as the key driver for that expansion.   Last year, £4.6 billion was raised through alternative channels, up from £3.2 billion in…

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SMEs’ Search for the Fastest Route to Finance

SME’s Are Losing Out Leaving Cash in the Bank Small businesses are benefiting from an increase in bank approval rates, according to research from BiZ2Credit. It reports that 25 per cent of SME loan applications at large banks were approved in October.   This is an improvement from the dismal post-recession statistics when the large banks…

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Alternative Finance and Multiple Funding Round

The concept of multiple funding rounds is familiar to most business owners – and particularly to those entrepreneurs who are focused on steering their companies on a growth path that runs from ‘startup’ to ‘scale-up’. The classic funding escalator runs from seed funding –  which might be sourced from angels, VCs, an accelerator, a government…

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