Young entrepreneurs can now leave off with their plans to hit up payday lenders for business loans, as the Forum of Private Business and the government has come together on a new project to make start-up loans for as much as £2,500 to budding businessmen under the age of 25.
Tag Archives: venture capital
Venture capital access for small firms could evaporate
Small business bank account holders could see their access to venture capital evaporate under new EU rules covering state aid, industry experts recently warned.
Dormant business bank accounts mined for Big Society initiative
Dormant personal and business bank accounts are set to be mined for funds through the ‘Big Society’ initiative implemented by the Government, industry experts recently reported.
Business bank account sector needs more competition says FSB
The Federation of Small Businesses has recently said that the business bank account sector needs to leave off on business loan targets and instead focus on increasing competition to give smaller businesses better deals.
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.
Banks too selective on business loan approvals, experts say
Business loan experts with the Government recently said that financial service providers are too selective on business loan approvals, leading to an increased likelihood to reject loan applications.
FSB: Small business bank accounts need help to get finance
The Federation of Small Businesses have recently said that small business bank accounts need aid from the Independent Commission on Banking to gain better access to venture capital.
Small business bank accounts face soaring debt levels
Small business bank accounts have been facing soaring debt levels arising on late payments on business loans, one research study has recently found.
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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