How do finance companies calculate interest?
When you borrow money from a lender, whether it’s for a business loan or personal loan, you’ll need to pay …
Tag: Loans
What is a consumer finance company account? Everything you need to know
“Consumer finance” is a broad term for any arrangement where a customer is loaned money so that they can make …
More transparency needed in loans industry
A startup founder has called for more transparency in the fast-moving space of loan reclaims. In recent years, thousands of …
Rishi Sunak, it’s time to show true grit over the plight of the self-employed
There are holes in Chancellor, Rishi Sunak’s financial plans for the self-employed, and even the mainstream media are clocking onto it.
Debt is not the cure for this crisis – here’s how to avoid it
By Alan Donegan
At a time when Britain’s small businesses are at their most vulnerable, government and banks risk putting us all into debt.
FCA regulations 2018: Why high-cost financial products may be getting the axe
By Staff writer
The Financial Conduct Authority”has confirmed that it will be investigating the high-cost credit industry, which includes rent to own, catalogue buying and overdrafts.
Lloyds launches £100m fund to help SMEs win Hinkley Point supply chain contracts
High street bank Lloyds has launched a £100m SME infrastructure fund linked to the Hinkley Point C nuclear power station in Somerset.
Challenger bank Monzo launches overdrafts for eligible users
Monzo Bank has launched overdrafts for account holders after the challenger announced it had reached a milestone of 500,000 customers just one month ago.
The pros and cons of five SME funding options
By Staff writer
Most entrepreneurs resort to fundraising for capital. However, organising and executing a successful funding project is a big deal and not many businesses can pull it off.
£200m UK SME funding programme launched by ThinCats
Lending platform ThinCats and parent company ESF Capital have introduced a £200m SME funding programme for British growth businesses.