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Tag: Loans

Does £3.8m represent a success for government’s bank referral scheme

August 11, 2017

By Hunter Ruthven

The government has announced that its bank referral scheme has helped 230 British businesses access £3.8m of funding in its first nine months, but should we be celebrating that statistic

SME banking app Tide cashes in $14m investment from Spotify investor

July 4, 2017

By Zen Terrelonge

Tide, an SME banking app, has secured a $14m Series A investment from Spotify and iZettle investor Creandum and fintech fund Anthemis.

Why a £5m prize fund was created for banking innovation in Britain

May 4, 2017

By Hunter Ruthven

While financial technology entrepreneurs have put the UK on the map of late, there is still for banking innovation to shake up dormant service offerings.

Businesses that get growth capital lenders excited

April 27, 2017

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.

New CFO joins entrepreneurial bank OakNorth as lending approaches half a billion pounds

April 4, 2017

By Zen Terrelonge

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.

How can specialist stores reinvent to keep up with the giants?

January 24, 2017

By Letitia Booty

Specialist stores that provide expert advice are at risk of being driven off the high street – here, we look at what they can do to keep pace with the giants.

Is your business prepared for death” Why a will should be your New Year’s resolution

January 20, 2017

By Staff writer

Many businesses aren’t prepared for death, caught out when the unforeseen departure of a director or shareholder becomes reality. The resulting problems not only impact the company but also the deceased’s loved ones and their employees, both of whom can be left with unwanted issues to contend with.

Metro Bank commits £1bn lending fund to UK businesses

January 3, 2017

By Zen Terrelonge

Metro Bank has started the New Year with an immediate push for new customers by pledging a £1bn fund for British businesses.

Entrepreneurs have received 250m from governments Start Up Loans scheme

August 31, 2016

By Zen Terrelonge

According to business and energy secretary Greg Clark, who was recently appointed by new prime minister Theresa May, Britain’s entrepreneurs have received £250m worth of investment from the government’s Start Up Loans programme.

New financial technology offering sees industry heavyweights unite

August 12, 2016

By Hunter Ruthven

A new venture aimed at “re-shaping” the mortgage sector has brought together a team with experience including roles at Santander, Experian, Morgan Stanley and Thomas Cook.

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RealBusiness — Telling the truth about SME Life

Real Business has championed entrepreneurship in the UK since 1997. It is now the main source of inspiration, education, and collaboration for the owners of fast-growing businesses, from startups to mid-market companies. Real Business provides readers with high profile interviews, news, insight and industry benchmark reports, as well as a growing stable of events tailored to SME growth.

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