Category

Small Business Banking

Whether you’re just starting a new business, are an established SME or a sole trader, our small business banking section has an extensive selection of useful guides and advice for those seeking the best business bank account for their enterprise.

Key banking issues for UK entrepreneurs include bank charges, account fees and transaction costs, overdraft facilities, business credit cards, savings accounts, and business support services – all of which we cover here.

State could take equity in small businesses, suggests Lloyds chairman

Lord Blackwell, chairman of Lloyds, says government could convert bad coronavirus emergency loan debt into equity, giving it stakes in thousands of small businesses

Small Business Banking

Small Business Banking

Fintechs giving up on joining coronavirus emergency loan scheme

New breed of fintechs becoming disenchanted with ever joining the Coronavirus Business Interruption Loan Scheme, despite British Business Bank adding four more lenders

Small Business Banking

Most emergency coronavirus bank loan applications still being rejected

Small Business readers say 53% of their coronavirus emergency business loan applications have been turned down since chancellor Rishi Sunak loosened the scheme on April 3

Financing

First two fintechs added to coronavirus emergency loan scheme

OakNorth Bank and Starling Bank are first two fintechs added to the Coronavirus Business Interruption Loan Scheme to help spread out demand.

Small Business Banking

How is your bank helping your small business through coronavirus?

In addition to the government coronavirus emergency loan scheme, several high street banks are offering additional support to help small businesses get through the crisis

News

Sunak overhauls coronavirus small business loans

Banks will no longer be able to push small businesses toward standard business loans ahead of Coronavirus Business Loan Interruption Scheme

News

Nearly 1m businesses on brink of collapse, warn accountants

Over 800,000 small businesses are within four weeks of going bust, unable to get hold of promised coronavirus emergency bank loans

Small Business Banking

Banks not cooperating with coronavirus loan, complain small businesses

Banks have been asking small businesses either for personal guarantees to qualify for the government Coronavirus Business Interruption Loan or directing them towards standard loans with high interest rates

News

Nearly 1m businesses on brink of collapse, warn accountants

Over 800,000 small businesses are within four weeks of going bust, unable to get hold of promised coronavirus emergency bank loans

Small Business Banking

Banks not cooperating with coronavirus loan, complain small businesses

Banks have been asking small businesses either for personal guarantees to qualify for the government Coronavirus Business Interruption Loan or directing them towards standard loans with high interest rates

Small Business Banking

Should I use a personal bank account for my small business?

James Trowell of Coconut explains the implications of using your personal account for your small business banking

Small Business Banking

What to consider when changing your business bank account

Oliver Prill, CEO of Tide banking, explains the key considerations you need to make when changing your business bank account

Business Loans

Government plans permanent state-backed small business loan scheme

Business could borrow anything up to £10m through 80% state-guaranteed bank loans in successor to existing coronavirus financial support

Small Business Banking

Small businesses using loans to manage cashflow, instead of investing

One in four small businesses borrow money for cashflow after late payments almost doubled to £23bn last year

Finding and selling to customers

How Amazon Ads is supporting entrepreneurs

Digital ad campaigns aren't just for big businesses. Here's why you should be considering it...

Partner content

What are the funding options for hospitality businesses?

Hospitality businesses have faced a number of challenges in the last couple of years. Find out what funding and support is available.

Financing

6 types of business funding for UK tech companies

Here we explore six types of business funding that can help your UK tech company expand and reach its goals.

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.