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Peer2Peer Finance News | July 20, 2018

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small businesses

Small business and consumer lending slows in May

June 29, 2018 |

LENDING to individuals and businesses slowed across the board in May, Bank of England data shows.

Money and credit data from the Bank of England, released on Friday, revealed that annual growth in consumer credit slowed again in May following … Read More

Growth Street: SMEs let down by lack of export guidance

February 28, 2018 |

BRITAIN’S small- and-medium-sized enterprises (SMEs) are being let down by a lack of guidance on how to start exporting, Growth Street has claimed.

The peer-to-peer business lender said that the lack of information could potentially block any post-Brexit ambitions despite … Read More

Growth Street pledges funds for growing Welsh SMEs

February 1, 2018 |

PEER-TO-PEER business lender Growth Street has pledged to inject £20m into Welsh businesses over the next 12 months.

The platform is targeting key sectors of the UK such as manufacturing, wholesale and professional services as well as regions where it … Read More

EFG loans boost small business turnover by 7.3pc a year

November 15, 2017 |

SMALL businesses who receive a loan via the British Business Bank’s Enterprise Finance Guarantee (EFG) scheme grow their turnover by 7.3 per cent more each year than businesses who do not get an EFG loan, new analysis has found.

Annual employment … Read More

Funding Circle: Small businesses braced for higher costs after Brexit

August 15, 2017 |

MORE THAN two thirds of small businesses that import goods and services expect costs to increase when Britain leaves the European Union, Funding Circle claims.

A poll of 1,325 small business borrowers by the peer-to-peer platform found 69 per cent … Read More

Entrepreneurs defy Brexit with 3,000 new business registrations

August 14, 2017 |

ENTREPRENEURS have registered 3,000 more businesses in the first six months of this year compared with the first six months of 2016, despite fears over a Brexit slump.

New research from MoneySuperMarket has found that there has been an increase … Read More

Autumn Statement: Small businesses demand Brexit clarity

November 23, 2016 |

ALMOST two thirds of the UK’s small businesses are concerned about their future post-Brexit, while the vast majority believe conditions are the same or worse since last year’s Autumn Statement.

A new survey from software firm Epos Now found that … Read More

One in five SMEs turn to P2P loans to fund growth

September 14, 2016 |

ONE fifth of small- and medium- sized enterprises (SMEs) are looking to peer-to-peer financing to fund their growth, a new study has found.

According to the latest C2FO Working Capital Outlook Survey, almost one in five (18 per … Read More