The value of outstanding loans by banks to SME property developers has fallen by 49% from £9.7bn in January 2017 to just £4.9bn* in November 2024 as banks pull back from lending to smaller housebuilders, says CapitalRise, an Innovative Finance ISA provider. CapitalRise says that investors in Innovative Finance ISAs (IFISAs) can play a critical […]
The SME finance landscape is undergoing a fundamental shift as banks retreat from business lending, leaving a staggering £22bn SME funding gap in the UK. Cashflow management platform, Lenkie, has today announced £49m in Series A funding to transform the way growing UK businesses access capital. The funding round, which includes £4m in equity and […]
New data from Time Finance has revealed only 24% of UK SMEs are using asset finance to fund their equipment purchases, shining a light on the business community’s awareness and understanding of alternative finance solutions. Surveying 500 SME decision makers from across the UK, Time Finance’s Finance Apathy Survey found that while general awareness of […]
The percentage of small business owners that say workplace worries keep them awake at night has hit 10-year peak, according to new research from Novuna Business Finance. Nationally, eight in 10 (82%) business owners say they get broken sleep or lie awake at night worrying about pressing business issues – up from 75% this time […]
The value of outstanding loans by banks to SME property developers has fallen by 49% from £9.7bn in January 2017 to just £4.9bn* in November 2024 as banks pull back from lending to smaller housebuilders, says CapitalRise, an Innovative Finance ISA provider. CapitalRise says that investors in Innovative Finance ISAs (IFISAs) can play a critical […]
Zac Winter, the founder of South Shields-based company AFL Decorating and Maintenance, is living proof that hard work and determination can turn a passion into a thriving business. After working for a friend’s company with no prior experience, Zac discovered his love for decorating and maintenance, which led him to start his own venture. In […]
Economic challenges have prompted an increase in the number of UK SMEs considering a sale of their business in 2025, according to new research from strategic advisory firm K3 Advantage released today. However, their ambitions to divest or refinance their company may be seriously hampered by a lack of access to the meaningful data needed […]
The flatlining of the UK economy has done nothing to dampen the appetite for growth and investment in new technology by young and confident small business managers, according to a survey by Purbeck Insurance Services , the provider of personal guarantee insurance to small business owners. More than 70% of small business managers/owners questioned, have either secured […]
A new survey from leading alternative finance lender ThinCats reveals that despite a dip in business confidence following the Autumn Budget, owner-managed businesses in the UK remain optimistic about growth. Following recent business surveys highlighting growing concern and reduced activity, ThinCats’s latest survey among corporate finance advisers shows that while sentiment is mixed, many believe […]
More than a third (38%) of finance brokers say lower taxes are needed to boost SME growth this year, according to iwoca’s latest SME Expert Index. This is double the next choice of reforming business rates (19%). Economic worries With almost three-quarters (70%) of finance brokers saying conditions for SMEs have worsened since the Labour government […]
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