SME finance demand down on Brexit uncertainty

SMALL- and medium-sized enterprises (SMEs) are putting off seeking funding due to ongoing Brexit-related economic uncertainty.

According to the latest SME Finance Monitor from research agency BVA BDRC, just four per cent of SMEs had applied for finance in 2018.

… Read More

SMEs look to alternative funders in case of no-deal Brexit

SMALL businesses are looking at alternative lenders to solve their cashflow issues in the event of a no-deal Brexit, according to small- and medium-sized enterprise (SME) funding platform Swoop.

Andrea Reynolds, chief executive and co-founder of Swoop, told Peer2Peer Finance … Read More

SME housebuilders urged to consider alternative finance

CROWDFUNDING has been highlighted as a key source of funding in a new guide to help small- and medium-sized enterprises (SMEs) fund property developments.

Trade body UK Finance and the Federation of Master Builders (FMB) have launched the guide for … Read More

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