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Peer2Peer Finance News | February 18, 2019

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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

Treasury pushes back on plans for tighter rules on business lending

November 27, 2018 |

PROPOSALS for more stringent corporate lending regulations are being met with resistance by the Treasury, Peer2Peer Finance News has learnt.

A recent report issued by the Treasury select committee of MPs called for business lending to be brought within “the regulatory perimeter” … Read More

SMEs have mixed views on Open Banking

November 26, 2018 |

ONE THIRD of small businesses are “wide open” to the opportunities presented by Open Banking, if it helps them save time around their payments and taxes, a new survey has found.

However, another quarter of small- and medium-sized enterprises (SMEs) said … Read More

Budget 2018: ‘No sign of end of austerity for SMEs’

October 29, 2018 |

GOVERNMENT commitments to end austerity have been labelled as “words not actions” by peer-to-peer lender ArchOver.

Chancellor Philip Hammond (pictured) said that the “era of austerity is finally coming to an end”, in his last Budget before Brexit.

However, Angus Dent, ArchOver’s … Read More

SME investment hampered by business angel myths

October 17, 2018 |

STARTUPS and small firms are missing out on potential investment due to misconceptions over who can become a business angel, research claims.

Analysis by the UK Business Angels Association (UKBAA) found that 75 per cent of business angels were aged 45 … Read More

Growth Street addresses liquidity demand after student feedback

October 2, 2018 |

GROWTH Street has made improvements to its liquidity demand management processes following feedback from postgraduate students from University College London (UCL).

The peer-to-peer finance marketplace has been collaborating with UCL for two years, giving students access to three years of … Read More

Honeycomb buzzes about originations as NAV gets sweeter

September 21, 2018 |

THE HONEYCOMB Investment Trust saw its net asset value returns (NAV) improve in August, backed by “strong origination” across all its portfolio sectors.

The alternative finance-focused investment trust posted a total NAV return of 0.67 per cent last month, up … Read More

Goji targets corporate clients for bond business

September 14, 2018 |

GOJI is looking to attract business investors to its bond, amid reports that almost two thirds of small-and medium-sized enterprises (SMEs) earn no interest on their savings.

Research by Aldermore found that 62 per cent of SMEs are earning nothing … Read More