Posts Tagged: alternative finance

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 Rise of Crowdfunding in Sport

The dazzling world of the Formula 1 racetrack – the (exceptionally) fast cars, the champagne, the celebrities, the corporate sponsorship – can often give the impression that the last problem on Earth for the sport could be finance. Indeed, Formula 1 produces an annual income of more than £1 billion, more than enough, surely, to…

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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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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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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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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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