As government figures reveal that lending through the Bank Referral Scheme tripled in 2018, small business owners who received finance discuss their experiences. more»
Almost every small business owner needs to borrow at one time or another. However, banks are reluctant to agree businesses loans without a track record. So, are there any advantages to borrowing as an individual instead? more»
Britain’s banks are closing at a rate of almost 60 branches each month, a consumer group has found, stripping vital services away from communities. more»
Britain’s small high street businesses will see revenues and footfall hit from a fresh wave of Royal Bank of Scotland branch closures, according to the Federation of Small Businesses. more»
The TSB crisis is hitting vulnerable firms hard. While the bank waives overdraft fees left and right to ease the pressure, the crash is costing small business owners more than just money. more»
Small business owners are more likely to use their own cash than take out bank loans to drive growth, despite most applications for extra funds or overdrafts being given the green light. more»
As news reforms inject fresh competition into Britain's financial sector, Jamie Matthews, CEO of integrated agency INITIALS, explains what open banking means for business owners and considers how it could change consumer behaviour. more»
Despite adoption of alternative finance methods, funding remains a barrier to businesses, and a majority would rather put off growth than borrow money. more»
NatWest Receipts will allow the bank’s small business customers to track spending, categorise expenses for HMRC and export receipts for accounting or invoicing. more»
As the Royal Bank of Scotland admits its turnaround division failed small business customers, the Federation of Small Businesses has called for full publication of the investigation. more»
