Small Business Funding Where would a small business be without funding? If you are behind a small business then it is more than likely that you have, at some point or another, made steps to go out and look for funding. Funding can be beneficial for your small business in so many ways – whether [...]
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New Government Innovation Investment Fund Plans
The Department for Business, Innovation and Skills is now taking the next step towards setting up the UK Innovation Investment Fund (UK IIF) – a venture capital fund of funds to support the UK’s technology companies – just a month after securing cornerstone investment for the Fund. The Capital for Enterprise Ltd will release a [...]
4 Options For Small Business Funding
RBS to provide £3bn SME funding
SME funding. As the news filters around the country that the interest rates are at historic lows, the Royal Bank of Scotland has announced that they are preparing to begin a £3 billion fund aimed at small and medium sized business lending. It would seem as though the Federation of Small Businesses’ pleads for help [...]
Federation of Small Businesses welcomes the £1.3 billion small business fund with open arms
The Federation of Small Businesses, after hearing that the Government is set to provide a £1.3 billion fund for small businesses, has announced that bank managers make good on the fund and supply the necessary money to the businesses that need it the most. The Federation has declared that they welcome the fund, which is [...]
HSBC offer SME funding – FSB wants more from banks
HSBC has announced that they will be raising the amount of money they set aside for mortgages in 2009, up by 20 per cent to a generous £15 billion. The news comes after great efforts by the Government to see to it that banks in the Britain continue lending to customers despite the current economic [...]
HBOS set to aid SMEs
HBOS has agreed terms with the European Investment Bank today providing HBOS with a £250 million fund to aid small businesses that bank with them. The move comes after the Government, who recently took control of the Royal Bank of Scotland, called for banks to follow in RBS’s footsteps and continue to lend to small [...]
Barclays accepts EIB loan but with pressure from the FPB
Barclays has become the first high street bank to make use of the funding for SME’s following the declaration of a £4 billion loan from the European Investment Bank (EIB). The announcement of the loan comes after an FSB (Federation of Small Businesses) poll was carried out last week which showed that a third of [...]
£10m Fund to Help Enterprising Women
£10 million of funding has been established which will finance loans, training and mentoring for aspiring female entrepreneurs. Networking community Enterprising Women is giving its members the chance to apply loans of up to £30,000 from the fund, which has been set up in partnership with Lloyds TSB with the aim of helping [...]
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