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 […]
Funding Xchange and Experian have launched an online service for banks so businesses requiring funding during the Covid-19 pandemic can check if they meet their lending criteria. The service instantly assesses funding applications from businesses and informs them of which loans they meet the lending criteria. It covers both CBILS (Coronavirus Business Interruption Loan Scheme) […]
The UK’s creative agencies are facing mounting challenges as their clients, big and small, slash marketing budgets and freeze current spend, according to insights from fintech business lender MarketFinance. Three quarters (72%) of the UK’s businesses reported that they would freeze marketing spend as they seek to plug gaps in their cash flow owing to […]
