Financing business

Insolvencies continued to fall in 2015

The number of people being declared insolvent was at its lowest level for a decade, according to the Insolvency Service show.

Funding for Lending Scheme extended

The Bank of England and HM Treasury has announced a 2 year extension to the Funding for Lending Scheme.

SMEs consider alternative finance

SMEs in the communications sector are most likely to consider alternative sources to finance their businesses.

SMEs missing out on innovation finance support

Many small and medium-sized enterprises are not accessing available resources for funding innovation and research and development activities.

SME lending under government scheme increases

Lending to SMEs under the government's Funding for Lending Scheme rose by £500 million in Q2 2015, according to the Bank of England.

EIS funding sees record rise in 2013/14

Small businesses raised £1.46 billion through the enterprise investment scheme in 2013/14, the highest ever annual amount lent through the scheme, official figures show.

Small firms continue to utilise equity finance

The use of equity finance among small firms has more than doubled over the past 3 years, according to a report by the British Business Bank.

Firms affected by late payment

More than three quarters of businesses suffer from late payments, according to research by Bacs.

Government scheme approves 25,000th business loan

The Start Up Loan Company has approved 25,000 business loans, the Department for Business, Innovation and Skills has announced.

Small firms predict 2015 growth

Almost two thirds of small businesses are predicting business growth in 2015, according to a survey by the Federation of Small Businesses.

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