Posts Tagged: SME lending

Business Borrowing Subdued Amid Economic Uncertainty

Nearly 40% of UK small and medium sized businesses  think that it might be difficult to obtain credit and just under a third (31%) see trade finance, or the maintenance of a healthy credit balance as an alternative to taking out a loan or overdraft, according to the latest BDRC-BVA SME Finance Monitor report, covering…

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Turning Offices Into Homes – Financing a New Property Development Opportunity

Britain’s town and city centres have undergone huge changes over the last few decades. As manufacturing declined, many of the light and heavy industrial units that operated in close proximity to shopping and residential areas have been converted to offices or, more recently, apartments. Looking to the future, as retailers come under pressure, many analysts…

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The Year So Far – Use of Credit is Down in 2018 but AltFi Growth Continues

Back in January of this year, merchant bank, Close Brothers published a survey suggesting that just over a quarter of UK SMEs felt they were not being served by their high street banks. In particular, the survey identified a perception that traditional banks lacked the specialist knowledge required to effectively support their small business customers.…

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Filling The Gap – SME Funding After Brexit

The scale of Britain’s contribution to the European Union continues to be a subject for sometimes heated debate – even two years after the Brexit vote. During the referendum campaign, those on the leave side put the figure at £19bn per year, while remain voters pointed out that a large percentage of that money came…

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Open Banking Set to Boost Fintech

New Open Banking rules are set to boost the UK’s fintech sector.From January 13, 2018 new rules come into force meaning that all of Britain’s banks will be required to make customer account data available to approved rivals.   If Open Banking proves a success, it could mean a wider range of financial services for…

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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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