Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | May 27, 2019

Scroll to top



Growth Street expands business development team

May 13, 2019 |

GROWTH Street has continued its UK-wide expansion with the appointment of a business development manager for the East Midlands.

The peer-to-peer business lending platform has appointed Samantha Fray to boost origination in the region.

Fray, who previously worked for Aldermore … Read More

Funding Circle report finds banks are still snubbing SMEs

April 29, 2019 |

BANKS are still giving small – and medium-sized enterprises (SMEs) the cold shoulder a decade on from the financial crisis, new research claims.

A report, published by Oxford Economics and peer-to-peer business lender Funding Circle, found small firms are still … Read More

Growth Street sees lack of alternative finance awareness in Wales

April 23, 2019 |

GROWTH Street has warned that Welsh small- and medium-sized enterprises (SMEs) are limiting their finance options.

A poll by the peer-to-peer business lender has revealed that only 27 per cent of Welsh businesses have considered a source of business finance other … Read More

SME alternative finance knowledge on the rise

April 15, 2019 |

INCREASING numbers of UK small- and medium-sized enterprises (SMEs) are aware of alternative finance options but peer-to-peer lender Growth Street is warning of a knowledge gap in the Midlands.

The latest annual survey of 2,000 small firms by the business … Read More

Manchester’s small businesses turn to alternative finance

April 8, 2019 |

MANCHESTER-BASED small businesses are more likely to turn to alternative finance providers for funding compared with firms elsewhere in the country, new research has found.

A survey of 222 businesses in the North West by peer-to-peer lender Growth Street revealed … Read More

Small business awareness of alternative finance options is on the rise

April 1, 2019 |

INCREASING numbers of businesses are looking beyond their bank for finance.

An annual poll of 2,000 directors of small- and medium-sized enterprises (SMEs) by peer-to-peer business lender Growth Street found the proportion of firms that have considered non-bank finance has … Read More

Equifax partners with NatWest to support UK entrepreneurs

March 25, 2019 |

CREDIT referencing agency Equifax has partnered with the NatWest Great British Entrepreneur Awards to support and recognise small- and medium-sized enterprises (SMEs).

The NatWest Great British Entrepreneur Awards says that, for businesses to survive and thrive, entrepreneurs must be able … Read More

SMEs fear impact of Brexit on cashflow

February 11, 2019 |

SMALL businesses could struggle to meet their essential running costs due to Brexit-related cashflow problems, new research suggests.

A survey of 335 UK small- and medium-sized enterprises (SMEs) conducted by insurance premium finance company Premium Credit found 45 per cent … Read More

Nucleus Commercial Finance secures £40m backing from M&G

February 7, 2019 |

NUCLEUS Commercial Finance has secured a £40m funding line from M&G Investments (M&G).

The money will come through M&G’s pension funds and will help fund asset-backed lending (ABL) products for small- and medium-sized enterprises (SMEs).

Chirag Shah, chief executive of … Read More

“Brexit bite” hampers small business use of asset-backed lending

December 20, 2018 |

ASSET-BACKED lending to small businesses has hit a three-year low, research suggests.

Analysis of UK Finance data by business software provider Equiniti found total advances to businesses with a turnover of less than £1m a year reached £1.1bn at the … Read More