The Exchequer Secretary, Robert Jenrick, has marked the launch of the new funding that will be made available to innovative businesses through funds supported by the British Business Bank.  Jenrick said ministers were determined to make the UK the best place in the world to start and grow a business. This type of funding has…

Small and Medium Enterprises (SMEs) represent more than 99% of all European non-financial corporates and depend on banks for 70% of their external financing. Generating close to 60% of total Gross Value Added, they employ over 90 million people. Euler Hermes’ new study focuses on SMEs as critical actors in the European economy; it estimates…

New figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew in February 2019 by 15%, compared with the same month last year. The commercial vehicle finance and IT equipment finance sectors reported new business growth in February of 36% and 10% respectively, compared…

Just over half (55%) of SMEs have had to turn away growth opportunities because of a bad financial situation, according to new research released today by Nucleus Commercial Finance. The data also indicates that 29% of UK SMEs currently want to grow, but aren’t able to, a clear picture is emerging of businesses being held…

The inaugural Commercial Credit & Collections conference has confirmed its agenda for its forthcoming event at the Leadenhall Building on Friday 5th April. CVR Global and Aon’s Commercial Credit & Collections conference agenda includes speakers from Chartered Institute of Credit Managers (CICM) and Eversheds Sutherland. With Brexit on the horizon, the event will open with…

Almost one in four SMEs see political uncertainty as one of the biggest obstacles facing their business, according to a major survey of over 4,500 small firms. The latest BVA BDRC SME Finance Monitor has found that 24 percent of SMEs now see political uncertainty as a major barrier to their business going forward, up…

New figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 9% in January, compared with the same month last year. The plant and machinery finance and IT equipment finance sectors reported new business growth in January of 26% and 45% respectively, compared…

Businesses across the UK are recognising the need to ‘future-proof’ by seeking support and advice to build their business resilience and guard against unforeseen challenges, according to new research from leading SME funding partner Ultimate Finance, which found that more than half (58%) of SMEs have invested in resilience in some form over the last…

The National Association of Commercial Finance Brokers (NACFB) has launched an enhanced online portal, findsmefinance, offering UK businesses access to the trade body’s membership of independent finance brokers. The free directory enables UK businesses seeking finance to simply filter their funding requirements by loan size, type and location and are then presented with a range…

Net lending to SMEs shrank to £500m last year, compared with £700m in 2017, according to a new report by the British Business Bank. The study also reveals a dramatic slowdown in the growth of alternative forms of funding, including peer-to-peer lending and asset finance. Lending through peer-to-peer platforms rose by 18% last year, compared…

1 2 3 25