Category

Financing

The financing channel looks at the different small business funding options available to start-up companies and established SME businesses looking to grow. Read a wealth of guides and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.

State could take equity in small businesses, suggests Lloyds chairman

Lord Blackwell, chairman of Lloyds, says government could convert bad coronavirus emergency loan debt into equity, giving it stakes in thousands of small businesses

Small Business Banking

Government Grants

Treasury bails out small businesses in co-working spaces

The government has greenlit £617m worth of funding to help co-working space tenants and market traders ineligible for coronavirus business rates grant scheme

Financing

Future Fund – government tech start-up bailout scheme how it works

The Treasury has announced the £250m Future Fund tech start-up bailout scheme, which could see the government owning half of some of Britain's fastest-growing companies

Government Grants

Nearly 40% of small business grants still unpaid five weeks in

Small businesses in West Midlands hardest hit, with both Birmingham City Council and Sandwell among slowest to pay out business grants

Business Loans

Only one in nine coronavirus emergency business loans are approved

Just 13% of firms who have applied for a Coronavirus Business Interruption Loan have been successful, according to latest British Chambers of Commerce survey

Small Business Banking

Fintechs giving up on joining coronavirus emergency loan scheme

New breed of fintechs becoming disenchanted with ever joining the Coronavirus Business Interruption Loan Scheme, despite British Business Bank adding four more lenders

Financing

Rishi Sunak eyes offering 100% guaranteed loans for microbusinesses

As many of 1m microbusinesses could benefit from 100% guaranteed loans and overdrafts for up to £25,000 per small business

Financing

Coronavirus emergency business loans may be changed yet again

Chancellor Rishi Sunak says he is open to studying what other countries such as Switzerland are doing to help small businesses get through coronavirus crisis

Financing

Rishi Sunak eyes offering 100% guaranteed loans for microbusinesses

As many of 1m microbusinesses could benefit from 100% guaranteed loans and overdrafts for up to £25,000 per small business

Financing

Coronavirus emergency business loans may be changed yet again

Chancellor Rishi Sunak says he is open to studying what other countries such as Switzerland are doing to help small businesses get through coronavirus crisis

Small Business Banking

Most emergency coronavirus bank loan applications still being rejected

Small Business readers say 53% of their coronavirus emergency business loan applications have been turned down since chancellor Rishi Sunak loosened the scheme on April 3

Financing

First two fintechs added to coronavirus emergency loan scheme

OakNorth Bank and Starling Bank are first two fintechs added to the Coronavirus Business Interruption Loan Scheme to help spread out demand.

Tax

Coronavirus: how do I defer my next VAT payment?

Alison Horner of MHA MacIntyre Hudson goes over what you need to do to defer your next VAT payment because of coronavirus difficulties

Small Business Banking

How is your bank helping your small business through coronavirus?

In addition to the government coronavirus emergency loan scheme, several high street banks are offering additional support to help small businesses get through the crisis

Business Technology

Why you should upgrade your tech now rather than later

To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis

Investing in a franchise

Should I buy a franchise or go solo?

Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.

Partner content

16 ways to improve your business cash flow

Read here for 16 tried and tested tips and tricks to improve potential cash flow problems

Business management

How to create good cashflow habits

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