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Peer2Peer Finance News | November 24, 2017

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SME lending

SMEs’ economic health hits 18-month high

September 7, 2017 |

INCREASED lending to small- and medium-sized enterprises (SMEs) has helped their economic strength reach an 18-month high, a new index claims.

The SME Health Check Index, released on Thursday, rose from 46.9 in the first three months of 2017 to 58.9 … Read More

SME lending slumps by £200m in July amid Brexit uncertainty

August 30, 2017 |

LENDING to small businesses in July slumped by £200m from the previous month, new figures from the Bank of England show.

The statistics, released on Tuesday, showed that the annual growth rate of small- and medium-sized enterprise borrowing came in … Read More

Small is beautiful

August 18, 2017 |

Small businesses are the lifeblood of the UK economy – and of many peer-to-peer lenders. The Federation of Small Businesses’ policy director Martin McTague (pictured) talks to Peer2Peer Finance News about the funding gap, Brexit and “corporate bullying”…

IT’S NOT … Read More

MarketInvoice teams up with Veritas to offer finance to 400,000 SMEs

August 17, 2017 |

MARKETINVOICE has announced a “strategic alliance” with credit management firm Veritas Commercial Services (Veritas), which will give the lender access to more than 400,000 smaller businesses across the UK.

The partnership will bring the peer-to-peer invoice finance platform’s MarketInvoice Pro … Read More

Inflation holds steady but SMEs will still feel the squeeze

August 15, 2017 |

SMALL businesses should not get complacent after new figures showed that inflation held steady last month, industry bodies and lenders have warned.

The Consumer Price Index (CPI) came in at 2.6 per cent in July, just as it was in … Read More

Flender completes first wave of funded SME loans

July 6, 2017 |

IRISH peer-to-peer platform Flender has announced its first batch of successfully funded SME loans.

The lender, which launched earlier this year, has helped raise finance for five SMEs, with an average loan value of £25,000 and an average interest rates … Read More

Five things that SMEs can do to boost productivity

June 23, 2017 |

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

KPMG’s new debt advisory service could refer SMEs to P2P

June 16, 2017 |

KPMG has set up a new small- and medium-sized enterprise (SME) debt advisory service, to help smaller businesses obtain finance from sources including peer-to-peer lenders.

Enterprise Financing launched last month and is focused on businesses trying to raise between £2m … Read More

Sancus increases Northern profile with new hire

June 15, 2017 |

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

ThinCats hires SME veteran for loan origination role

June 14, 2017 |

THINCATS has appointed Natwest SME veteran John Brooks as origination manager, in the latest high profile hire at the peer-to-peer pioneer.

Brooks has spent 30 years working with UK-based SMEs, and joined ThinCats from Natwest, where he spent 12 years … Read More