It is nice to be able to write about better news for the UK economy following a whole range of encouraging data releases. The CBI The CBI’s latest survey data forecasts growth of 0.3pc this quarter, rising to 0.4pc for the next two quarters and between 0.5pc and 0.6pc for each quarter of 2014. They […]
Business Finance Partnership: A guide to alternative funding
Following on from our recent article on the new Business Bank, this is the second in a series explaining the various government funding schemes available to businesses in the UK. Business Finance Partnership (BFP) Background It is a fact that 85% of all business loans are still handled by the “big four” banks as Barclays, […]
Can the Enterprise Finance Guarantee help with your funding problems?
Following on from our recent article on the new Business Bank, this is the first in a series explaining the various government funding schemes available to businesses in the UK. The Enterprise Finance Guarantee (EFG) The Enterprise Finance Guarantee (EFG) is a loan guarantee scheme to facilitate lending to viable businesses that have been turned […]
Funding for Lending not working? How it may increase business finance
It seems that the main effect of the Funding for Lending scheme so far is that it has made access to finance in the property market easier to come by! My first reaction to this was why has more not been done to channel much needed finance into the struggling SME market place? Commentators don’t […]
Business Bank – How it proposes to increase business finance
New Business bank April 2013 – An introduction The new Business Bank as first announced by Vince Cable last summer was designed to pull under one roof the myriad of government schemes aimed, in all good faith, at increasing lending across the business spectrum. There was a particular emphasis on the SME, the supposed lifeblood […]
More Funding for Lending – will this ease bank problems?
The Bank of England has today announced that the Funding for Lending (FLS) scheme that was due to end in January 2014 will be extended for another year to 2015. Background Since the launch last August, the FLS seems to have had a positive impact on the availability of mortgages but has been severely criticised […]
How to save your company when the Bank says NO to business finance
When the bank says NO it isn’t the end of the line! Whether it is a refusal for a new loan, or you feel that they are making things very difficult and the relationship has broken down with your existing facility – THERE ARE ALWAYS OPTIONS!!! Here are five valuable tips that have worked for […]
How to find Turnaround Finance – a 4 step guide
Since the global financial crisis of 2008, any form of finance has been more difficult to come by, with the banks seeking to rebuild both their reputations and share prices; whilst at the same time responding to regulators’ desire for them to reduce their balance sheets. This dearth of business finance has been particularly badly […]
SME Business funding update and the 2013 Budget
The lack of access to finance for the SME is recognised as being a significant barrier to the country returning to growth! The 2013 budget presented little hope that this funding blockage would be released anytime soon. The chancellor announced a reduction for UK corporation tax to 20% from 2014, a £2,000 NIC holiday and a […]
Invoice trading: a flexible new alternative to invoice finance
I would like to start this article by saying that we at Trans Capital Associates are an impartial advisor with no links or ties to any individual funder or other business. However, following a number of recent experiences with our clients, I now feel compelled to mention a relatively new business that is pioneering a […]