By Staff writer
Growth capital loans are an alternative source of funding for fast-growing small and medium-sized businesses. It is capital that can help companies grow but which does not require to give up control of the company or dilute its equity.
OakNorth has appointed a new CFO as it approaches the £500m lending milestone, while it plans to unlock access to finance for many more entrepreneurs this year.
As a longstanding software company – Oyster Bay has been running since the 80s – it is important to keep up with changing technology.
Metro Bank has started the New Year with an immediate push for new customers by pledging a £1bn fund for British businesses.
Hampshire Trust Bank has unveiled both good and bad news when it comes to being able to secure finance in its SME Growth Watch Report 2016.
Peer-to-peer finance business Lending Works demonstrated significant growth milestones in 2015, showcasing how powerful the P2P platform has become as the number of loans via the platform rose fourfold.
By David Craik
Alternative finance is an increasingly important means for small companies to get ahead and there has been some encouraging news from three of the challenger banks this week.
