Tag

Bank Lending

Opinion

What will the CYBG and Virgin Money tie-up mean for SME lending?

SME lending has fallen 3.7 per cent year on year but will this new deal buck the trend?

Alternative Finance for Business

One of the biggest banks in the world is lending to SMEs in the UK

French banking group is delivering business loans to ambitious UK firms.

News

HSBC commits £10b in lending to SMBs

With the rise of alternative lending options, banks are at the risk of being dethroned as leading business lenders for entrepreneurs. This announcement follows HSBC's plans to introduce a virtual platform that cuts business loan application and approval times in half

Banking

Lending a hand: How can banks and SMEs align their interests to mutual benefit?

Lenders old and new are have to work with SMEs to make sure the stream of funding leaving small businesses doesn't become a flood: but what can be done?

News

Naming and shaming of banks leads to ‘significant improvement’ in Enterprise Finance Guarantee scheme lending

Lending to small and medium-sized businesses through the government's Enterprise Finance Guarantee has risen by £20.1 million over the last quarter of 2012/13.

News

First stage of Vince Cable’s business bank kicked off with initial £1 billion kitty

Business secretary Vince Cable has unveiled the first phase of the government's new business bank, its latest initiative to encourage lending to SMEs.

News

New advisory hires for government’s business bank includes BGF chief executive Stephen Welton

A month after appointing former chief executive for the Bank of Scotland Peter Burt to chair an advisory board for the new business bank, the government has announced a number of further appointments.

Opinion

The government’s new business bank for SMEs

Neale Andrews, partner at law firm Mundays, looks at the government's new business bank and gives his wish list for things he'd like it to contain.

News

Past Bank of Scotland chief executive Peter Burt to chair business bank advisory body

Former chief executive for the Bank of Scotland Peter Burt will chair a group tasked with advising the government on the framework of the new business bank.

News

New business bank will not aim to displace existing institutions

A fresh tranche of business lending worth £10 billion is set to be made available with the creation of a new business bank.

News

Lack of bank lending could see surge of first time backers

Despite the difficulty UK businesses experience in securing growth capital, 70 per cent of the population is willing to back British businesses.

News

Banks lending to larger businesses

Small and medium sized enterprises are using external funding and the majority of applications for finance are being met, according to new research.