British Business Investments Ltd, a commercial subsidiary of the British Business Bank, has announced a new commitment under its £100m Regional Angels Programme, committing £10m to Startup Funding Club Limited (SFC). The commitment will be managed by SFC and invested alongside the SFC SEIS & EIS Funds as well as the SFC Angel Network. SFC […]
A Highland recycling firm is continuing to supply essential services to the NHS with the support of Bank of Scotland. Northern Recycling Solutions, based in Alness, provides a critical service to a range of businesses in the north of Scotland, including NHS sites around the Inverness area. Launched by Ewan Calder and his sister Katie […]
Specialist social impact lender, GC Business Finance, has provided one of the first Northern Powerhouse Investment Fund (NPIF) and Coronavirus Business Interruption Loan Scheme (CBILS) loans in the North West to Consensus Workspace, with approval taking only 24 hours from full application. GC Business Finance (GCBF), which is currently one of only 40+ accredited lenders […]
Manchester-based Inc & Co Capital (http://incandcocapital.com) Ltd, a sister company of Inc & Co (https://incandco.com/), is launching low-interest small business loans for start-ups and agencies in and around the Greater Manchester area. With millions of workers expecting to be “furloughed” because of the current COVID-19 lockdown and small businesses experiencing difficulties accessing the funds and […]
New research by SmallBusinessPrices.co.uk analyses the best regions to start your business based on metrics such as survival rate, population and the average weekly spend per person. The results also reveal the shops with the highest opening and closure rates. The Best Regions to Start a Business Rank Region Number of Businesses 5 Year […]
The Forum of Private business is showcasing one of its members Boxed Red Marketing, who have created a virtual Knutsford High Street (www.knutsfordhighstreet.co.uk) to support the local community in which both businesses are based. This has been done in partnership with the Town Council and local community. The virtual high street website is an online […]
More than 1 in 4 UK companies are being heavily impacted by the corona pandemic. That is the conclusion of the business intelligence specialist Graydon UK, based on the financial health of UK businesses and the current economic situation. It is estimated that of all companies that Graydon UK identified as healthy at the beginning […]
The government has announced a new £250m fund to support fast growing SME businesses. The Future Fund will make loans of between £125,000 and £5m to businesses, with loans needing to be match-funded by external investors. The Fund is only available to unlisted businesses that have a substantial economic presence in the UK and have […]
A West Midlands physiotherapist is hosting online consultations and Pilates sessions to help its patients stay in good health during lockdown, after being saved from closure by support from Lloyds Bank. While Physio & Health Matters, which has four branches in the region, is still able to offer a limited number of face-to-face consultations for […]
Already cash strapped SMEs across the country will be (up to) £20b out of pocket when the first round of salaries are paid to the 8 million people currently furloughed through the Coronavirus Job Retention Scheme (CJRS). Businesses must pay staff and then reclaim the money from HM Revenue and Customs (HMRC) online starting this […]
