Posts Tagged: SME lending

Growing Appetite for Equity Finance Amongst UK SMEs

Pound coin stacks – Growing Appetite for Equity Finance Amongst UK SMEs

A new report from Albion Ventures has found that UK SMEs are becoming increasingly attracted to long-term equity finance. In 2013, just 12% of small and medium-sized businesses in the country were willing to give up equity in exchange for financial support. But, according to the latest figures, that figure has now grown to 44%,…

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Asset Based Lending Reaches Record High in UK

pound coins – Asset Based Lending Reaches Record High in UK

Figures released by the Asset Based Finance Association (ABFA) reveal that the amount of finance made available to UK businesses through asset based lending leapt to a record high of £4.3 billion in Q3, up 22% over the same period last year. Asset based lending allows businesses to borrow against assets – including property, intellectual…

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FCA Seeks to Toughen Lending Rules in P2P Market

§ – FCA Seeks to Toughen Lending Rules in P2P Market

The UK’s Financial Conduct Authority (FCA) is proposing tougher rules on transparency and disclosure for P2P lending platforms, following a six-month review into the burgeoning industry. In July, the FCA made the announcement that it would be probing the multi-billion-pound alternative finance industry for the second time in two years, amid concerns that investors were…

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Late Payments Culture Posing Serious Threat to UK SMEs

PAID – Late Payments Culture Posing Serious Threat to UK SMEs

The UK’s late payments culture is posing a serious threat to the survival of small and medium-sized enterprises (SMEs). Over one third (34%) of SME owners have highlighted late paying clients as a major difficulty, according to research from Close Brothers Invoice Finance. Of these, 65% said that the main area of concern was with…

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Alternative Finance Terminology A-Z – Part 2 (G-L)

Scrabble letters jumble – Alternative Finance Terminology A-Z – Part 2 (G-L)

“Withdrawal symptoms are what you experience every time you go near your bank” – Anonymous. All industries and disciplines have their very own unique sets of jargon – and the AltFi (that’s an abbreviation for “alternative finance”, by the way) industry is no different. Here’s Part 2 of The Route – Finance’s alternative finance terminology…

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88% of Equity Crowdfunded Firms Still Trading, Report Reveals

Open sign – 88% of Equity Crowdfunded Firms Still Trading, Report Reveals

Alternative finance research firm AltFi has released the second instalment of the “Where Are They Now?” report – an annual evaluation of crowdfunded companies – in which a strong performance is revealed across the sector. The report reviewed data from 751 companies that had made 955 capital raises across the top crowdfunding platforms in the…

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“Advice Gap” Emerges as SMEs Struggle to Secure Finance

£20 notes – “Advice Gap” Emerges as SMEs Struggle to Secure Finance

New research from Close Brothers Group has revealed that less than one fifth (19%) of UK small business owners feel that the financial advice they receive from their banks meets their needs. The report, which took into account the responses from more than 1,000 SME owners about the changing needs they face as their businesses…

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