Most business advisers would recommend alternative finance to fund growth

THE VAST majority of business advisers would recommend alternative finance to small- and medium-sized enterprises (SMEs) looking to grow, ThinCats research has found.

The peer-to-peer business lender surveyed 300 advisory professionals during Spring 2018 and found that 89 per cent … Read More

Assetz passes £26m lending mark in Northern Ireland this year

Assetz Capital has provided more than £26m in peer-to-peer funding in Northern Ireland since opening its office in the province this January.

The P2P lender has completed 15 deals from the Belfast office totalling £26.3m. These include a mixture of … Read More

New SME funding hub will boost awareness of P2P

PEER-TO-PEER finance resources will be included in a new funding hub for high-growth businesses looking to scale up in the UK.

The interactive website, launched by the British Business Bank, offers articles, infographics, videos and event listings aimed at digitally-savvy … Read More

SME funding platform partners with Hiscox

SWOOP, a new small- and medium-sized enterprise (SME) funding platform, has partnered with Hiscox on the insurer’s business accelerator portal.

Swoop, which is a re-brand of BizFly, connects businesses in need of finance with over 400 lenders including peer-to-peer platforms … Read More

Two more hires for ThinCats amid company growth

PEER-TO-PEER lending platform ThinCats has appointed two new sales and marketing executives, as its hiring spree continues.

The alternative finance specialist has named Tony Smedley (pictured) as head of sales operations, and Richard Wilson as head of marketing, as part … Read More

Invoice finance: The business lifeline

IT’S NO secret that cashflow is an issue for many small businesses in the UK, which has led to the growth of a booming invoice finance market. According to trade body UK Finance, invoice finance hit £18.9bn in the third … Read More

Five things that SMEs can do to boost productivity

TIME is money, particularly when you are running a small business. Just one error or unexpected issue can cost you a whole day’s turnover, and these losses quickly add up over time. With inflation at a four-year high and wage … Read More

How rising inflation will impact small businesses

Everybody knows that rising inflation means an increase in the cost of living. But not everyone realises that the effect on small- and medium-sized enterprises (SMEs) can be much more severe.

Earlier this week, it was announced that the Consumer … Read More

Sancus increases Northern profile with new hire

SANCUS FINANCE has expanded its presence in the North of England by hiring Jennifer Roberts in the newly-created role of regional manager – north.

Roberts will be based in Manchester and will be responsible for increasing awareness of the P2P … Read More

Article 50: Brexit must be turned into an opportunity for UK businesses

WITH Article 50 kicking off Brexit proceedings, the UK government and businesses must work hard to turn uncertainty into an opportunity, firms and industry groups said on Tuesday.

A lack of clarity around the UK’s divorce from the EU could … Read More