Tag

SME lending

Articles, news and advice on access to finance and lending for UK small and medium-sized enterprises (SMEs).

Business Loans

What documents do you need when applying for a business loan?

Different lenders require different business loan documents. Get prepared with this business loan checklist

Business Loans

Personal guarantees for loans stifling growth, say business owners

Small business lobbyist calls out banks’ use of harsh personal guarantees, which can force small business owners to put their homes on the line

Funding your small business

6 business funding options for growth

We look at six funding options for growing your business. What is available and which option is right for you? Vicki Taylor explains.

Business Loans

What is a working capital loan for your business?

A working capital loan can cover your short-term operational needs, whether that’s payroll, rent and any debt repayments. They are especially useful for seasonal businesses.

Business Loans

How the new Recovery Loan Scheme works

Government offers 70% guarantee to small business lenders but borrowers may have to take out personal guarantee

News

Recovery loan scheme to be extended for six months

Take-up of the scheme has not been as strong as expected, mainly because of more onerous credit decisions.

Alternative finance

Forward Advances wants to lend £250m to small businesses by 2023

Forward Advances is the latest merchant cash advance provider to enter UK market alongside PayPal, eBay and Clearbanc

Small Business Banking

Small business banking dispute service costs £23m to set up

Business Banking Resolution Service hopes to pay out first damages to small businesses by summer

Business Loans

Small businesses have average of just £9,000 left from Bounce Back Loan

Majority of small businesses expect what’s left from their COVID-19 Bounce Back Loans to run out by end of September

News

Business Banking Resolution Service opens doors in November

Business Banking Resolution Service will investigate disputes between high-street banks and SMEs going back to 2001

Small Business Banking

B-North plans to lend £1bn to small businesses within four years

New small business lender B-North to rebrand as Bank North if banking licence is approved within weeks, lending an initial £50m to SMEs to test the water

Business Loans

Treasury pushes to double bounce back loan repayment period to 10 years

Banks resistant to extending bounce back loan repayment period because it creates more work and credit risk for them

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Partner content

Small business owners: discover alternative funding solutions to help fuel your growth

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.