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Peer2Peer Finance News | March 23, 2018

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small business

A fifth of small firms at risk from lack of savings

January 31, 2018 |

BUSINESSES are failing to put enough cash into savings to cover unforeseen events, research claims.

Analysis by Aldermore, released on Wednesday, found the self-employed and small businesses are holding inadequate amounts of savings, leaving them unprepared for times where they … Read More

Value of SMEs vastly underestimated

November 16, 2017 |

A NEW survey from the British Business Bank (BBB) has revealed the vast majority of the nation significantly underestimates the scale of small businesses in the UK.

Research by ICM, commissioned by the BBB, found that just two per cent … Read More

Government urged to create ISA aimed at SMEs

November 15, 2017 |

THE government is being urged to establish a tax-free ISA wrapper to support small businesses.

Aldermore is calling for the establishment of an entrepreneur ISA that could follow a a similar model to the Help to Buy ISA (HISA) but … Read More

Lack of funding biggest barrier to starting a business

November 9, 2017 |

TWO THIRDS of would-be entrepreneurs have been held back from starting a business due to lack of funding, a survey claims.

Research by online retailer Ebuyer, based on a poll of 2,000 adults, found 67 per cent cited a lack … Read More

Funding Circle: P2P better placed to keep up with changing borrowers

October 9, 2017 |

FUNDING Circle co-founder Samir Desai (pictured) has ruled out launching a bank as he outlined the advantages of running a peer-to-peer platform over traditional financial models.

Speaking at the LendIt conference in London, Desai said P2P platforms were better placed … Read More

SME payment terms have got worse since the Brexit vote

July 11, 2017 |

ONE IN 10 small- and medium-sized enterprises (SMEs) have seen payment terms worsen over the past 12 months, research claims.

A poll of more than 1,000 SMEs, by supply chain finance provider Crossflow Payments, found eight per cent are coming … Read More

SME access to finance ‘worse outside London’

April 10, 2017 |

ONE THIRD of small- and medium-sized enterprises (SMEs) struggle to access bank finance, with credit conditions perceived to be worse outside London, a survey claims.

Research by CYBG, owner of the Clydesdale and Yorkshire bank brands, found 35 per cent … Read More