Category

Banking

Best business bank accounts for scale-ups

From eligibility requirements to software integrations and support, here is a round-up of the best business bank accounts for UK scale-ups.

Banking

Banking

Paul Thwaite, MD NatWest business banking– Q&A

NatWest head of business banking Paul Thwaite explains how the once-troubled RBS Group has changed since the financial crisis, and its response to the fintech revolution

Banking

Build Back Better #1 – equity vs debt, which is better?

Which is better when you want to grow your business, equity or debt? Ian Dawson examines the case for either

Banking

Three quarters of fintechs unhappy with level of government Covid support

Fintech founders urge government to loosen rules on state-backed investment schemes, which block fintechs from qualifying for EIS funding

Banking

Government plans infrastructure bank to fund large-scale regeneration

Business secretary Alok Sharma has already mooted national development bank that would lend to small and medium-sized businesses

Banking

NatWest adds £5bn of funding to help SMEs get through coronavirus crisis

Extra £5bn of funding added to £8bn Growth Fund as small business braces for worst as coronavirus takes hold

Alternative Finance for Business

Demand for finance from small business flat at best

Big drops in demand for peer-to-peer lending and equity investments in 2019, although figures still coming in

Banking

NatWest adds another £2.2bn to its Brexit Growth Fund

Nearly £6bn drawn down already from Brexit preparation fund, designed to help small business through no-deal

Alternative Finance for Business

Demand for finance from small business flat at best

Big drops in demand for peer-to-peer lending and equity investments in 2019, although figures still coming in

Banking

NatWest adds another £2.2bn to its Brexit Growth Fund

Nearly £6bn drawn down already from Brexit preparation fund, designed to help small business through no-deal

Banking

Cashplus plans to lend £400m to small business from next year

Cashplus aims to have a 10pc market share of all new UK business accounts by 2024, with nearly 100,000 business customers already

Banking

Co-operative Bank to revolutionise small business banking offer

Co-operative Bank plans to bolster its small business banking offer through re-introducing relationship managers, revamping its technology and easing up cash flow facilities

Banking

HSBC adds billions to its £14bn small business loan fund ahead of Brexit

SME loan fund ringfences cash for agriculture and companies that want to expand overseas post Brexit

Banking

Open banking could be the late payment solution for businesses

The average small business spends £90,000 a year chasing overdue payments in lost time and manpower. And the late payment problem is getting worse. Open banking could provide frictionless, instant payments, says Nick Raper