Tag Archive for Alternative finance

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Nicola Horlick: ‘I’m likely to be lending a lot more money in a recession’

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Originally written by Anna Jordan on Small Business
Welcome to the second series of Small Business Snippets, the podcast from SmallBusiness.co.uk.
In this episode, Anna Jordan meets Nicola Horlick, an investment fund manager and founder of business peer to peer (P2P) lending firm, Money&Co. She talks about the slowing economy and why you should never go into the restaurant business.
Have a listen to it in the media player below.

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You can also catch our episode with supermodel turned entrepreneur, Caprice
We’ve got podcast episodes from the first series looking at:

How one business owner’s mental breakdown caused her to see trolls from her past
How one entrepreneur hired a videographer to track their every move and build their business brand
How funding a business led one entrepreneur to stress-related alopecia
One entrepreneur’s first professional public speaking engagement
Adapting to UK life and learning English before starting a business
Securing seed funding
Finding the perfect head of customer care
Reaching a £1 million annual rate of return
Boosting client numbers from 30 to 850
Starting a brand new business from scratch

To find out more about Small Business Snippets, you can download the trailer.
If you want to listen to the podcast elsewhere, it’s available on iTunes, Google Play, SoundCloud and Spotify.
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Small businesses receive a record £6.7bn in equity funding

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Originally written by Timothy Adler on Small Business
Small businesses received a record £6.7bn in equity funding in 2018, a 5pc increase year on year.
The average deal size was £4.5m, an 11pc increase compared with 2013.
The UK’s white-hot tech sector received 44pc of small business equity funding. Backing for tech businesses increased by 24pc in 2018 with £3bn invested, the highest amount to date.
Small business equity funding outside London increased by 29pc as the capital’s influence as an SME hub waned. The East of England, North East and West Midlands were the three regions driving this regional uptick, where equity finance investment deal sizes grew by 118pc, 115pc and 81pc respectively.
Several UK regions also saw a significant increase in the overall number of deals – up by 65pc in the North East, 15pc in Yorkshire and Humber and 11pc in Wales.
Keith Morgan, CEO of British Business Bank, said: “We are particularly pleased to see a 29pc increase in investment outside of London. The British Business Bank continues to work to address regional imbalances in access to investment to ensure smaller businesses across the UK can access the equity finance they need to fulfil their growth potential.”
Indeed, the UK venture capital sector

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How to choose the right finance option for your SME

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Originally written by Timothy Adler on Small Business
A huge 99.9pc of the UK’s 5.7 million private sector businesses are SMEs, making them crucial for a healthy economy and jobs market. But the failure rate of SMEs is staggering, with less than half surviving beyond the first five years. Maintaining operating cash flow is a massive cause of business failure because of the way business lending for SME finance is assessed.
Funding is a major barrier to SME growth, with more than half of SMEs struggling to get the funding they need to help boost productivity develop their product offerings and scale as a business, according to Close Brothers.
Often, many resort to selling stakes of equity to secure the much-needed cash that could take their business to the next level.
Difficulties SMEs face getting funding
Small businesses often struggle to get funding as they are deemed too much of a risk and are not making enough turnover to convince prospective lenders. Heritage banks require businesses to have strong personal and business credit scores— and the latter may not be something an SME will have if they haven’t taken out a business loan in the past, or if they have existing debt from other lenders.
Banks

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Cash flow relief for SMEs

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Small and medium-sized enterprises (SMEs) in the UK account for over 99% of private sector firms, and in 2017, they employed some 16 million people—or roughly a quarter of the country’s population. What’s more? According to FSB’s Small Business Statistics, they’ve also plugged in a combined annual turnover of £2 trillion. Yes, £2 trillion. Yet
The post Cash flow relief for SMEs appeared first on Small Business.

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Caple completes £5m in alternative funding loans to UK SMEs

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Caple, the alternative SME credit specialist, has announced two eight-year, fully unsecured loans for two UK SMEs. Grayson Thermal Systems (Grayson), supplier to the automotive market has received £2m loan and Spinnaker International Ltd (Spinnaker), manufacturer of cash protection boxes and asset tracking technology, £3m. Grayson, based in Birmingham, traditionally designs, manufactures and supports a
The post Caple completes £5m in alternative funding loans to UK SMEs appeared first on Small Business.

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One third of SMEs expect business funding to become more difficult post Brexit

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One in three smaller British businesses (34 per cent) expect access to funding to become more difficult following the UK’s departure from the European Union. Only three per cent expect finding finance to become easier, according to the British Business Bank’s latest Small Business Finance Markets report. And smaller businesses are gloomier about the prospects
The post One third of SMEs expect business funding to become more difficult post Brexit appeared first on Small Business.

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Alternative funding solution to Brexit finance problems for small businesses

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Brexit uncertainty is creating divisions of opinions in the small business market as much as in any other sector of the population. But at root there is a consensus that while the situation is far from ideal and clarity is needed, small businesses are essential to the growth of the UK economy. Alternative financers are
The post Alternative funding solution to Brexit finance problems for small businesses appeared first on Small Business.

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Jungle Creations secures £3 million from Edge Investments

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Jungle Creations, a digital media owner, has raised £3 million. It raised the capital in a Series A funding round led by creative industries specialist Edge Investments (‘Edge’). John Smith, former COO of Burberry Group (2013 -2016) and CEO of BBC Worldwide (2004-2012) has also invested through his partnership with Edge. The investment shines a
The post Jungle Creations secures £3 million from Edge Investments appeared first on Small Business.

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Funding round up – the latest investment opportunities for investors

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UK Spiritual Guidance start-up raises £400,000 PSY Ventures, a start-up based in the UK, which develops mobile games and websites that provide daily spiritual guidance such as Daily Horoscopes and Free Tarot Readings has completed a Series-A investment round of £400,000. The money was raised from angel investors Giga Holdings Ltd. Adam Grunwerg, co-founder of
The post Funding round up – the latest investment opportunities for investors appeared first on Small Business.

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