Tag Archives: SME funding

‘Challenger’ Banks Throw Down Service Gauntlet To Mainstream

Challenger banks, as they were commonly known, are certainly developing their challenge to the mainstream. Witness the results of a new SME business service survey, as reported by our friends at Finextra. The UK’s Starling Bank has shot straight to the top of charts in the latest rankings of business banking services by the Competition […]

FinTech Players Still Jockeying For Government SME Funding Scheme Position

The tumult of news continues. Some of the FinTech sector’s players are jockeying for position ahead of the return of whatever it is we’re going to call normality once the Covid-19 epidemic has abated. Our friends at AltFi have an exclusive on the latest FinTech outfit to join the government’s various SME funding initiatives: Nucleus […]

A New Licence To Bank, As Mainstream And AltFi Convergence Continues

Today, we bring you a new snippet from the running theme as reported in this News section of convergence between the mainstream and the alternative-finance sector, with the announcement of the grant of a new banking licence. Our friends at AltFi report: SME credit card lender Cashplus is now a full-on SME bank.  This morning the Prudential […]

SME Funding Optimists: Badly Informed Pessimists?

“Despite economic uncertainty, angel investors are continuing to invest in early-stage businesses and are optimistic about the future, the British Business Bank has found.” Is this a realistic appraisal or something akin to the jingoistic drivel (eyes, shut, fingers in ears – it’s all fine) we’re being fed on the political front? Our friends at […]

Covid-19 Brings More SME Funding Uncertainty – Plus Loan Latest

The resurgence of the Covid-19 virus is causing mayhem on all fronts. The hotch-potch of government-backed schemes to aid small business – lots of different ideas distributed in a rather haphazard way – is right back with us. Or maybe there’s more order and sense to all this than first appears. You decide. Meanwhile, here’s […]

SME Loan Credit Quality Hit By Pandemic

Here’s a tour of our horizon. Money&Co. CEO, Nicola Horlick, explains the future as she sees it to our friends at P2P Finance News: The coronavirus crunch has made it harder to find small- and medium-sized enterprise (SME) loans that are “safe options” for peer-to-peer investors, Money&Co founder Nicola Horlick has said. Horlick, known as […]

Challenger Banks Still Playing Secondary Role In SME Funding

The FinTech Times comes up with what must be, even on a Monda, winner of the dodgy metaphor of the week award. It runs an article on challenger banks, seen by the writer as the eternal “mistresses” of finance. There’s useful information here, nevertheless. We run an excerpt below, with the full article available here. […]