business loans

UK Companies Having An Easier Time Finding Funding

January 27, 2012

When consumers in the UK are unable to secure loans bank provided, they turn to payday loans and other alternative sources of financing. But, what about businesses? Commercial lending restrictions are just as tight and many companies need financed capital to help them through these difficult economic times. Payday loans are often not enough to [...]

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UK Businesses Prompted To Appeal Bank Loan Decisions

November 1, 2011

The Better Business Taskforce launched a formal process for appealing bank small business lending six months ago. Small businesses are urged to make their appeals now if they feel their denial for loans bank provided was unjustified. Close to 40 percent of businesses filing appeals have come out winners. The recent Bank of England report [...]

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Small UK Businesses Looking Beyond Banks For Financing

November 1, 2011

Though the small business may be the economic lifeblood, banks do not seem to treat it that way. New businesses are finding it nearly impossible to get loans bank offered. Even existing small businesses are having difficulties. Despite Project Merlin from the government, some say banks are not lending enough, which is strangling small business [...]

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Business Loan Costs Poised To Increase

October 19, 2011

Despite business lending targets established by the government, more difficult lending conditions will lead the cost of credit to increase, reported small business funding source Interface Financial Group (IFG). The company operates in the UK and several other countries. Services include providing businesses with short-term financial resources like debtor, construction, and invoice factoring. According to [...]

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George Osborne Proposes Lending To UK Companies

October 6, 2011

As concerns grow regarding the UK economy, Chancellor George Osborne is proposing that public funds be lent to British companies struggling to qualify for bank loans. Under the proposal, the Treasury would sell government or Treasury bonds to purchase bonds issued by small and medium sized companies. Billions of pounds would be involved in this [...]

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Small Businesses Request More Government Involvement In Boosting Economy

October 4, 2011

A double dip recession is threatening the UK, leading experts to forecast that the Monetary Policy Committee of the Bank of England will implement additional quantitative easing. According to the Federation of Small Businesses (FSB), this step is not enough. The group is requesting more governmental involvement to strengthen the economy. Many businesses have been [...]

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UK Business Confidence Declines Uncertainty In The UK

August 17, 2011

It may go without saying that consumer confidence in the UK is not good. The feeling seems to have spread to the corporate sector, with two recent surveys revealing that UK business confidence is also declining. Manufacturing sector weaknesses are mainly to blame, suggested each report. Unstable global market economics are placing negative pressure on [...]

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Brokers Have Untapped Client Base In SMEs

July 28, 2011

According to news reports, banks are not lending to small and medium-sized enterprises, often called SMEs. The latest reports indicate that these businesses are now reluctant to apply for funding. The SME Finance Monitor recently found that just 15 percent of UK SMEs have applied for loans bank provided within the past year. This recent [...]

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