Posts Tagged: SME lending

Alternative Finance Terminology A-Z – Part 1 (A-F)

Wooden cube letters – Alternative Finance Terminology A-Z – Part 1 (A-F)

“A bank is a place that will lend you money if you can prove that you don’t need it.” – Bob Hope There is a rather alarming paradox at play in many industries and professions the world over, and it’s this: rather than using their intelligence, the professional world is full of people who instead…

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70% UK SMEs Confident about Access to Finance Despite Brexit

Pile of pound coins – 70% UK SMEs Confident about Access to Finance Despite Brexit

Recent findings from a Close Brothers Business Barometer report reveal that over two thirds (70%) of SME owners in the UK have no fears about their access to finance following Brexit. Only in the Greater London area did businesses feel that the UK’s decision to leave the EU would affect their chances of acquiring funds…

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Debt Financing Vs. Equity Financing – The Pros and The Cons

one way/another way sign post – Debt Financing Vs. Equity Financing – The Pros and The Cons

Let’s begin by stating a simple truth – businesses need finance to grow. In an ideal world, this finance would be taken from the business’s very own booming profits, and growth would be self-perpetuated forever more. Unfortunately, however, this is the real world that we find ourselves in, and the real business world at that,…

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How to Reduce Small Business Debt

debt unchained - How to reduce small business debt

The joy of being an entrepreneur is all-engrossing. The journey is tough, the road paved with enemies and obstacles, but ultimately the rewards are plentiful. Or are they? Quitting your day job to pursue a dream – or perhaps a dream income – takes its toll emotionally and energetically. You have a solid business plan,…

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SMEs Increasingly Turning to Invoice Financing

Handshake, invoice – SMEs Increasingly Turning to Invoice Financing

New figures from the Asset Based Finance Association (ABFA) have revealed that UK businesses have raised £20.3 billion in invoice financing in 2016, breaking the record for this line of funding. This marks a 5% rise from the previous record of £19.3 billion which was measured during 2015. If we go further back, we can…

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European Alternative Finance Enjoys 92% Growth Year-over-year

EUR 500 bills - European Alternative Finance Enjoys 92% Growth Year-over-year

New research from the Cambridge Centre for Alternative Finance (CCAF) has found that European alternative finance jumped 92% year-over-year to €5.4 billion in 2015. The report, entitled “Sustaining Momentum”, captures at least 90% of the visible market, and has had support from 367 various platforms and 17 European industry associations across the continent,  and is…

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£711 Million Lent Through Invoice Finance In Q1 2016

Invoice finance

New research from the Asset Based Finance Association (ABFA) has revealed a huge spike in the amount of money advanced to UK SMEs through invoice financing. Overall lending reached £711 million in Q1 2016, representing a 63% rise from the £435 million lent in the same period in 2015. The average amount lent to small…

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SME Bank Loans Dropping By £100 Million A Month

SME Bank Loans Dropping By £100 Million A Month

New analysis from online marketplace lending site Funding Options has revealed that bank loans to UK small and medium-sized enterprises are falling by £100 million a month. The company has said that recent regulations pertaining to bank overdrafts are the cause of the decline in lending volumes. Adding that there is little prospect of the…

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