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Alternative Finance blog

Should I Invest in P2P?

Posted 4 years ago


The Covid-19 crisis has presented a challenge for the sector, but there are still many reasons to invest in peer-to-peer lending. P2P is fighting its way through its first economic downturn and ther..

Tagged: sme entrepreneur p2p alternative finance news coronavirus


Self-Employed to Benefit From Second Stage of Support Scheme

Self-Employed to Benefit From Second Stage of Support Scheme

Posted 4 years ago


Over 2.7 million benefited from the first stage of the SEISS - with the government handing out £7.8 billion of grants to help them through the crisis. Those eligible will now be able to recei..

Tagged: sme entrepreneur self employed coronavirus news alternative finance


Business Banking Resolution Service To Open In November

Business Banking Resolution Service To Open In November

Posted 4 years ago


The Business Banking Resolution Service (BBRS) will now start to resolve disputes between businesses and participating banks from the middle of November, it has been announced. Designed to settle a..

Tagged: sme entrepreneur news business alternative finance banking


Over 1.2m Businesses Have Benefited From Coronavirus Lending Schemes

Over 1.2m Businesses Have Benefited From Coronavirus Lending Schemes

Posted 4 years ago


More than 1.2m businesses have now received support through government-backed coronavirus lending schemes. The latest Treasury data, as of 9 August, shows most lending has come through the bounce b..

Tagged: sme entrepreneur news alternative finance coronavirus


What is The Start Up Loan Scheme?

What is The Start Up Loan Scheme?

Posted 4 years ago


Designed as a way to help start-ups that have begun trading, Start Up Loans are a form of personal created to support new business owners that have struggled to secure finance from traditional lende..

Tagged: sme coronavirus news raising funds alternative finance


Figures Show 730,000 Job Losses Since Start of Lockdown

Figures Show 730,000 Job Losses Since Start of Lockdown

Posted 4 years ago


As the UK government continues to ease lockdown, it has been revealed that just under 730,000 jobs have been lost since the start of the Covid-19 pandemic.  The news comes as the UK prepares i..

Tagged: sme coronavirus news raising funds employment alternative finance


Government Backs Trade Credit Insurance With £10bn Guarantee

Government Backs Trade Credit Insurance With £10bn Guarantee

Posted 4 years ago


The government has announced that Trade Credit Insurance, which provides cover to business-to-business transactions, will receive up to £10bn of government guarantees in a further bid to tackl..

Tagged: sme coronavirus alternative finance entrepreneur news raising funds


Fifth of Business Owners Take Pay Cut Due to Covid, Research Suggests

Fifth of Business Owners Take Pay Cut Due to Covid, Research Suggests

Posted 4 years ago


New research has revealed that just under a fifth of small business owners declared that they had taken a pay cut during the coronavirus pandemic. According to Purbeck Insurance Services, 14% of SM..

Tagged: sme entrepreneur alternative finance coronavirus news


Businesses Have Just One Month to Claim £1.6bn in Unspent Grants

Businesses Have Just One Month to Claim £1.6bn in Unspent Grants

Posted 4 years ago


It has been revealed that businesses have until the end of August to claim up to £1.6bn in unspent grants that were originally made available through the government’s coronavirus emergen..

Tagged: sme raising funds coronavirus news alternative finance


How Can I Claim A £5,000 Technology Grant?

How Can I Claim A £5,000 Technology Grant?

Posted 4 years ago


The Government has announced a new £20m IT funding package to help small businesses get through the coronavirus pandemic. Small and medium-sized businesses can access a small business technol..

Tagged: sme entrepreneur news coronavirus raising funds


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