Small business bank account holders should consider using credit cards in order to pay for their day to day outgoings and purchases, one accountants industry body recently recommended.
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Small business bank accounts to receive aid from new scheme
Small business bank account holders will soon be receiving aid from a new credit easing scheme, according to the Chancellor of the Exchequer’s Autumn Statement.
BoE director says SMEs need more business loans
Small business bank account holders need better access to credit, according to one Bank of England official, urging business loan regulations to be loosened.
BoE regional agents warn small firms avoiding their banks
Regional agents for the Bank of England have warned that small business bank account holders have been avoiding their financial services providers due to fears their existing facilities will be renegotiated or withdrawn.
Business loan margins too high, say small businesses in UK
The majority of small business bank account holders in the UK feel that business loan margins as set by their banks are too high, according to a recently published research study.
Small business bank account holders lack credit awareness
According to research recently conducted by Experian, many small business bank account holders are severely lacking when it comes to credit awareness.
SMEs turn to credit cards for finance, research says
Small business bank account owners have begun to turn to credit cards and other high-risk forms of working capital funding for finance in order to keep their firms alive and kicking, new research has said.
Small business bank account holders to raise more capital
Thanks to the Government’s adoption of new Euro zone rules improving the access of small firms to equity markets, small business bank account holders in the UK will now be able to raise as much as £4.4 million in venture capital, without having to issue a prospectus.
Brits reluctant to reveal financial details, says new survey
According to recently conducted research by one financial services provider, a large number of Brits who have savings accounts are reluctant to reveal their financial details.
Firms need to prepare before applying for a business loan
Firms need to prepare better before deciding to apply for a business loan, one expert has recently cautioned.
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