Tag Archives: SME funding entrepreneur

Crowdfunding Awareness On The Up – “Global Phenomenon” Brings Local Funding

Survey shows entrepreneurs and business leaders are turning to the crowd Part of our brief at Money&Co. is to raise awareness of crowdfunding in general as an attractive and worthwhile alternative to banks. Banks, as we have consistently reported, have failed borrowers and savers alike. So we are delighted to report that a recent survey […]

Banks Still Failing SMEs, Lending Figures Show

The banks’ convoluted financial mechanism continues to fail SMEs Lending to small and medium-sized businesses (SMEs) fell in the first quarter of this year, according to figures just released by the Bank of England. Net lending, a measure that counts  repaid loans, fell by £2.7 billion in the first quarter of 2014, with SMEs seeing lending […]

Borrower Robert Breaks From Banks

Robert: “We have great pedigree… Blue-chip customers.” Mecmesin, led by chairman Robert Oakley (above), is a Sussex-based family-owned business, founded in 1977. It has an annual turnover of more than £10 million, makes £1 million in annual profit, and provides employment for a workforce of160. Mecmesin makes force and torque testing equipment used to measure […]

Small Business Funding Takes Priority

Help for small businesses and better access to funding are high on the political agenda ahead of the Queen’s speech this week. The Telegraph reports that  Lord Bilimoria of Chelsea, founder of the Cobra beer company, believes that Britain’s banks should be doing much more to help small and medium-sized enterprises. According to Lord Bilimoria: […]