09 April 2018

UK small businesses are struggling to get access to bank funding, according to reports in Financial Times on Friday (March 30).

The small business group SME Alliance highlighted to the House of Commons the on-going challenges that small firms face when seeking bank loans where “Traditional banks remain reluctant to lend to small firms, the group said, using their size to gain a legal advantage over SMBs that file complaints with FIs.”

You can read the full article here.

If you are struggling to access finance, we encourage you to visit our Funding page which provides an overview of alternatives to the traditional bank loan.


What are the most common forms of finance available to a growing business?

Debt Finance:

This option is usually used to fund working capital and/or for longer-term investment. At any stage you are likely to need a mix of different forms and they have their advantages depending on the business’s growth plans. See types of debt finance that are available on our funding page.

Equity Finance:

In simple terms, equity financing is the raising of capital through the sale of shares in a business. Equity can be sold to third-party investors with no existing stake in the business or can be raised solely from existing shareholders. You should carefully consider all the issues before selling a stake in your business in exchange for capital. Learn more about equity finance and the types of equity finance that are available to you on our funding page.

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