Category

Financing

The financing channel looks at the different small business funding options available to start-up companies and established SME businesses looking to grow. Read a wealth of guides and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.

Treasury bails out small businesses in co-working spaces

The government has greenlit £617m worth of funding to help co-working space tenants and market traders ineligible for coronavirus business rates grant scheme

Government Grants

Financing

Future Fund – government tech start-up bailout scheme how it works

The Treasury has announced the £250m Future Fund tech start-up bailout scheme, which could see the government owning half of some of Britain's fastest-growing companies

Government Grants

Nearly 40% of small business grants still unpaid five weeks in

Small businesses in West Midlands hardest hit, with both Birmingham City Council and Sandwell among slowest to pay out business grants

Business Loans

Only one in nine coronavirus emergency business loans are approved

Just 13% of firms who have applied for a Coronavirus Business Interruption Loan have been successful, according to latest British Chambers of Commerce survey

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

Financing

Rishi Sunak eyes offering 100% guaranteed loans for microbusinesses

As many of 1m microbusinesses could benefit from 100% guaranteed loans and overdrafts for up to £25,000 per small business

Financing

Coronavirus emergency business loans may be changed yet again

Chancellor Rishi Sunak says he is open to studying what other countries such as Switzerland are doing to help small businesses get through coronavirus crisis

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

Coronavirus emergency business loans may be changed yet again

Chancellor Rishi Sunak says he is open to studying what other countries such as Switzerland are doing to help small businesses get through coronavirus crisis

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.

Tax

Coronavirus: how do I defer my next VAT payment?

Alison Horner of MHA MacIntyre Hudson goes over what you need to do to defer your next VAT payment because of coronavirus difficulties

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

Financing

Government eyes taking equity stakes in tech start-ups

Treasury considering making convertible loans to start-ups with scheme to be managed by Business Growth Fund

Business Technology

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings

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.

Business Technology

Friendly guide – top tips for small businesses switching to VoIP

With the landline shutdown coming fast, there’s never been a better time to switch to VoIP. Don’t let your small business be left behind!

Export & Import

Avoid delays with exports and imports

Many factors can affect products’ journeys from A to B. Here are some tips for best practice for successful shipping in the modern world