Topic filter : Business Loan

Most trending topics in Business & Finance ( last 24 hours ):
BT Ofcom Oil Exploration Revenue Yahoo Twitter Advertiser Forecast Airline Social Media Google Brexit Manufacturing UK Economy Economy Aerospace Supermarket EE Tariff Technology Billionaire Investor World Trade Organisation James Dyson Dyson Trade Union Commuter First-time Buyer Commission Nuclear Big Data Satellite Multinational Legal Action Energy Firm Compensation Penalty UK Business Apprentice Manufacturer Dispute

Socially Most Trending News

....The Code of Hammurabi - a law code from Babylon, in what is now Iraq - is nearly 4,000 years old. It includes numerous clauses devoted to the topic of "bottomry", a kind of maritime insurance bundled together with a business loan. ... [Read full article on BBC ]
Monday 20th of March 2017 12:02:25 AM
Total Trend count
760
Most trending on :
730 24 6

Latest Finance News related to Business Loan

Blurred lines? image
Source : BBC [Read Article] Monday 20th of March 2017 12:02:25 AM
....The Code of Hammurabi - a law code from Babylon, in what is now Iraq - is nearly 4,000 years old. It includes numerous clauses devoted to the topic of "bottomry", a kind of maritime insurance bundled together with a business loan. ...
Results will reveal the good, the bad and the ugly of UK banks image
Source : Guardian [Read Article] Sunday 19th of February 2017 03:37:29 PM
....OakNorth Bank, one of the challengers, pointed out that 80% of small businesses bank with the big four. Rishi Khosla, chief executive of OakNorth, said: “It’s important that this fund doesn’t just focus on current accounts, but that it is used to increase challenger banks’ capabilities to deliver a range of products and services, including short and long-term business loans”. ...
Lloyds apologises for 'distress' caused by £245m HBOS loan scam image
Source : Guardian [Read Article] Tuesday 7th of February 2017 12:45:49 PM
....The Cambridge-based couple felt ignored when tried to raise the alarm about the way their business – publisher Zenith – was treated by Lynden Scourfield, the former HBOS banker jailed last week, and David Mills’ Quayside Corporate Services. Their involvement with HBOS Reading began in 2003 when they took a £160,000 business loan from the operation and were introduced to QCS the following year when Scourfield started managing their account. ...
Grexit? Greece again on the brink as debt crisis threatens break with EU image
Source : Guardian [Read Article] Friday 3rd of February 2017 02:36:32 PM
.... One in three now live below the poverty line and unemployment hovers around 23%. The latest impasse has not only seen emigration levels rise and non-repayment of household and business loans soar but also nostalgia for the drachma grow. ...
Crisis prevention image
Source : BBC [Read Article] Friday 25th of November 2016 10:00:46 PM
...."So would you try to do this just in the United States; or do you try to get all international banks to take part, too? . "Presumably also it would be harder to get a business loan, harder to get a mortgage, or to get a corporate or municipal balance sheet underwritten - which means there would be a broad economic impact. ...
Banker 'corrupted by boys' jollies perks' image
Source : BBC [Read Article] Tuesday 27th of September 2016 01:39:54 PM
. A banker racked up £60,000 on "boys' jollies" using a credit card given to him by an associate in exchange for business loans, it has been claimed. ...
Costs of overdrafts to fall as part of UK banks overhaul image
Source : Guardian [Read Article] Tuesday 17th of May 2016 06:36:13 AM
....Customers rarely move their accounts: nearly 60% of personal customers have stayed with the same bank for more than 10 years. More than 90% of small businesses get their business loans from the bank where they have their current account. ...
HSBC set to offer online video meetings with mortgages advisors image
Source : Daily Express [Read Article] Sunday 3rd of April 2016 12:01:00 AM
....The bank’s BSL video service can be accessed through the HSBC and First Direct websites using their tablet computers and smartphones, where customers communicate in BSL with an interpreter using the video link, who then relays the conversation orally to a customer service adviser. HSBC last month launched an online small business loan application facility. ...
Startup of the Year 2015-2016 competition entry: Baby Bird Cafe image
Source : Guardian [Read Article] Wednesday 16th of March 2016 05:19:35 PM
....I spoke about my idea at the Hay Festival, and gained Facebook ‘likes’ which was amazing and gave me added momentum. I then secured a business loan, and left my job in July 2014. ...
Refugees' move to US was 'the happiest day' image
Source : BBC [Read Article] Wednesday 2nd of March 2016 12:10:30 AM
....Mr Morad made his way to the store, where he volunteered while he learned about the business. After four months he was able to secure a small business loan and bought the shop, which he now hopes to expand with a second store. ...
A rare change at the top of asset management image
Source : Telegraph [Read Article] Monday 1st of February 2016 06:49:54 PM
.... Meanwhile, the prospects for M&G are far more wide-ranging than the under-fire Aberdeen in the current markets. M&G has been part of the Pru since 1999 and has branched out rapidly from its fixed income roots, moving into infrastructure investment, international property and direct business loans in order to help fund Prudential’s pension policies and generate returns for external clients. ...
Peer-to-peer firm tells lenders they will lose a quarter of their cash image
Source : Telegraph [Read Article] Thursday 21st of January 2016 06:13:28 PM
.... . The best-known platforms - including Zopa, Funding Circle and RateSetter - offer typical returns of 5pc to 6pc, by lending people's money to fund unsecured loans, business loans or mortgages. ...
Is Greece really on the road to recovery? image
Source : BBC [Read Article] Wednesday 23rd of December 2015 12:06:45 AM
.... . Just this month, the left-wing government of Prime Minister Alexis Tsipras agreed to a set of reforms, including allowing Greek banks to sell bad business loans onto foreign buyers. ...
How to make the world your oyster as an exporter image
Source : Guardian [Read Article] Wednesday 18th of November 2015 03:44:35 PM
.... It selects and trains individuals to become brand ambassadors within their local markets. Everline provides fast turnaround business loans for SMBs, offering exporters access to up to £120,000 of working capital for up to 24 months. ...
Baltimore's black residents have a harder time getting a mortgage – report image
....Those businesses will have to seek financial assistance from banks. The study conducted by the coalition found that while not as drastic as with mortgages, small business loans in predominantly African American neighborhoods in Baltimore city were also harder to come by than in predominantly white neighborhoods. ...
Savings and lending up at Clydesdale image
Source : BBC [Read Article] Tuesday 27th of October 2015 10:58:32 PM
....2%. The parent company has agreed to set aside £465m as compensation for mis-sold payment protection insurance and mis-sold business loans. ...
How you lose £260 a year with rip-off bank accounts from providers taking you for granted image
....It was hoped that the Current Account Switch Service (CASS) would make the process easier, but awareness and confidence remain low, the CMA said. Small businesses end up with among the worst deals for financial products because entrepreneurs tend to open their business current accounts with the same provider of their personal account and then stick with that bank for their business loans, found the watchdog. ...
Source : Reuters [Read Article] Thursday 22nd of October 2015 07:08:37 AM
...."Today's findings will probably be seen positively by the larger banks as the CMA have not found evidence of excessive profits, have steered clear of proposing an end to free banking and have not suggested further divestments," said Simon Hunt, PwC's UK banking and capital markets leader. Regulators and lawmakers are keen to break the dominance of the country's biggest four lenders -- Lloyds Banking Group, Royal Bank of Scotland, Barclays and HSBC -- which control more than three-quarters of current accounts and provide nine out of 10 business loans. ...
Funding Circle launches in Europe in bid to become 'household name' image
Source : Telegraph [Read Article] Tuesday 20th of October 2015 03:54:16 PM
.... Funding Circle, which was launched five years ago, already has operations in the US and the UK. The market opportunity in Europe is larger than both of these markets combined with more than €1 trillion (£733bn) in outstanding small business loans. ...
New 12pc peer-to-peer firm freezes investors' cash image
Source : Telegraph [Read Article] Thursday 15th of October 2015 01:49:36 PM
.... . More than £200 million is lent out using failed firm TrustBuddy, which specialises in personal loans to individuals and business loans, which was operating under "interim" approval from the FCA. ...
Source : Reuters [Read Article] Thursday 15th of October 2015 07:24:40 AM
....Britain's competition watchdog is due to publish provisional findings later this month following an investigation into the markets for personal current accounts and small business banking services. Lawmakers and regulators want to encourage competition for Britain's biggest four banks -- Lloyds Banking Group, Royal Bank of Scotland, Barclays and HSBC -- which control over three-quarters of personal current accounts and provide 9 out of every 10 business loans. ...
Theme park: Forest Park's a leading light in green energy image
Source : Daily Express [Read Article] Thursday 24th of September 2015 12:00:00 AM
....". The new ride was backed by a Welsh Government grant and match-funding of £250,000, and a business loan from Lloyds Bank. ...
Brighter economy boosts SME lending in second quarter image
Source : Telegraph [Read Article] Thursday 3rd of September 2015 06:25:08 PM
.... . The Bank re-calibrated the FLS at the beginning of 2014 following criticism that it was funding cheap mortgages rather than business loans. ...
Start Up Loans provides funding lifeline for female entrepreneurs image
Source : Telegraph [Read Article] Tuesday 1st of September 2015 08:00:41 AM
.... An analysis of Start Up Loan applications shows that 37pc of successful . applicants were women last year, compared to the national average of women taking up business loans overall of just 18pc, according to the Office for . ...
Help the economy's 'forgotten army' of businesses or risk stifling growth, says CBI image
.... The CBI has also called on the Government to change the way the Enterprise Finance Guarantee (EFG) works. The EFG scheme provides a Government guarantee to boost the credibility of small business loan applications - it currently supports bank loans of up to £1. ...
Innovation in Funding 2015-2016: Eggnog image
Source : Guardian [Read Article] Wednesday 19th of August 2015 08:11:45 AM
....uk. When I set up Eggnogg – which sells colour-in products, such as table cloths and pencil cases – I wanted to fund it using my own resources and without taking out a business loan. ...
Related to :
Referrals for bank-jilted small firms still conspicuously absent image
Source : Telegraph [Read Article] Monday 10th of August 2015 03:36:09 PM
.... . "Much of our industry feels frustrated at the time the bank referral scheme is taking to materialise," said Norman Carson, director of small business loans business Boost Capital. ...
Bank lending to firms rises for the first time since the crash image
Source : Telegraph [Read Article] Sunday 2nd of August 2015 11:01:29 PM
.... EY also predicts a continued boom in mortgage lending as house prices continue to rise strongly. While banks’ stock of business loans is set to rise by around 14pc by 2019, the total amount of mortgage outstanding mortgage loans is set to rise 17. ...
UK now Santander's biggest market image
Source : BBC [Read Article] Thursday 30th of July 2015 10:37:25 AM
....Although a flotation of the UK business has been mooted for some years, Mr Bostock said he did not expect it to happen "for the next couple of years". UK lending rose nearly 3% in the second quarter, while the bank also benefited from the strong pound and an increased focus on business loans. ...
Santander rakes in current account customers, but mortgage growth dips image
Source : Telegraph [Read Article] Thursday 30th of July 2015 09:43:32 AM
. Santander UK’s profits have surged as strong demand for business loans and current accounts offset a slowdown in mortgage lending. ...
You need never use a bank again. Here's why image
Source : Guardian [Read Article] Tuesday 7th of July 2015 02:36:07 PM
....On the savings side, people who place their money through peer-to-peer platforms will receive ISA-like tax benefits from April 2016. On the investment side, even platforms that previously only focused on personal loans, such as RateSetter, are now moving into business loans. ...
Apple becoming a bank? Don't count on it image
Source : Telegraph [Read Article] Sunday 5th of July 2015 05:35:49 PM
.... In the UK, as in the US, there is a burgeoning financial technology, or “fintech”, sector. TransferWise, a company that cuts out the banks to match buyers and sellers of foreign currency over the internet and offer better rates to both, has been valued at $1bn (£640m), as has Funding Circle, which offers a similar service for business loans. ...
Bank of England wants to re-start mortgage securitisation image
Source : Telegraph [Read Article] Wednesday 17th of June 2015 05:08:23 PM
.... . Mr Rule's push to encourage the industry's revival follows a European Commission initiative to boost the market, in the hope of promoting new sources of funding for small business loans. ...
Source : Independent [Read Article] Wednesday 20th of May 2015 01:36:39 AM
....Two of the country’s prime challengers to the high street banking status quo have struck a cooperation deal, with Metro Bank agreeing to invest millions of pounds of its depositors’ savings a month into peer-to-peer lending site Zopa. Zopa is an online platform where savers – mainly members of the public – invest money which is then lent out to borrowers in the form of personal or small business loans, bypassing traditional banks. ...
HSBC to lend £8bn to UK's small businesses image
Source : Telegraph [Read Article] Sunday 10th of May 2015 05:52:35 PM
.... . In addition to the fund, fees on qualifying business loans worth between £1,000 and £300,000 will be waived or refunded through to the end of July, with the aim of saving borrowers hundreds of pounds. ...
Peer-to-peer lender Funding Circle doubles sales as it chases growth image
Source : Telegraph [Read Article] Saturday 2nd of May 2015 04:15:45 PM
. Funding Circle, the internet lender that claims to beat the interest rates on savings and business loans offered by banks, has more than doubled revenues as chases further expansion. ...
Metro Bank plots £1bn London float next year  image
Source : Telegraph [Read Article] Saturday 18th of April 2015 06:00:42 PM
.... . The Big Four lenders account for more than 75pc of 65m personal accounts and provide nine out of every 10 business loans. ...
Risky mortgages are back on the rise image
Source : Telegraph [Read Article] Wednesday 8th of April 2015 02:18:03 PM
.... . Banks also expect mortgage spreads to narrow sharply in the next three months, and do not expect an improvement in demand for business loans. ...
Alibaba to offer loans to UK businesses after striking deal with former Wonga arm image
.... . The company is launching a trade finance partnership with ezbob, a British internet lender that last month bought Everline, the business loan arm of the payday lender. ...
Aldermore shares leap as bank gets float away at second attempt image
Source : Telegraph [Read Article] Tuesday 10th of March 2015 07:48:07 AM
.... . Aldermore, which offers business loans, savings and mortgages, was founded when Mr Monks and AnaCap took over Ruffler Bank and Base Commercial Mortgages in 2009. ...
John Timpson: What you study is not the most important thing image
Source : Telegraph [Read Article] Sunday 8th of March 2015 07:20:40 PM
.... Q. When I recently approached my bank manager for a business loan to fund my start-up, he told me I’d be better off going bankrupt. ...
....Funding Circle, a key player, has already lent more than £537m to around 7,000 businesses, with £100m advanced in the last quarter of 2014 alone. This level of business loan provision is likely to accelerate; this week it announced that Victory Park Capital, an asset management firm based in the US and an active lender to UK and European companies, will finance up to $420m (£271m) in loans to small businesses originated through Funding Circle both in the UK and US over the next three years. ...
Funding for Lending Scheme fails to deliver for small firms image
Source : Independent [Read Article] Friday 27th of February 2015 12:31:31 AM
....The FLS channels cheap funding from the Bank of England to commercial banks on the condition that they pass on the money to borrowers. It was launched in the summer of 2012 to boost mortgage and business loans but was refocused in 2014 with the specific aim of encouraging new lending to small companies. ...
Wonga to cut 325 jobs as former chairman also leaves company image
Source : Telegraph [Read Article] Tuesday 24th of February 2015 10:16:06 AM
.... . Wonga also announced that Robin Klein, its former chairman, would leave the group board, and said it had sold Everline, Wonga's small business loans product. ...
Watchdog says bank competition still falls short image
Source : Reuters [Read Article] Wednesday 11th of February 2015 07:16:28 AM
...."They don't seem to us yet to have had the transformative effect hoped for, and the long-standing concerns about competition in retail banking largely remain," he said. Britain's biggest four banks -- Lloyds, Royal Bank of Scotland (RBS), Barclays and HSBC -- control more than three quarters of current accounts and provide nine out of 10 business loans. ...
Ahead of election, Cameron calls on businesses to boost worker pay image
Source : Reuters [Read Article] Tuesday 10th of February 2015 07:22:18 AM
....". Setting out his pitch to small enterprises, who have long complained about a lack of bank credit, Cameron also said if re-elected he would use the government's balance sheet to guarantee business loans. ...
Source : Independent [Read Article] Saturday 7th of February 2015 01:31:03 AM
. Banks look to have dodged yet another multi-billion pound compensation bullet after a QC ruled that the Financial Conduct Authority  (FCA) has no powers to act on thousands of small business loans containing interest-rate swaps. ...
Handelsbanken revives the role of the British bank manager image
Source : Reuters [Read Article] Tuesday 3rd of February 2015 08:44:05 AM
...."They hear about us as a bank that's offering something different and, specifically, as a bank that's offering local decision making where they know the people they're dealing with. "British lawmakers are keen for challengers to break the dominance of the country's 'big four' banks -- Lloyds Banking Group, Royal Bank of Scotland, Barclays and HSBC -- which control over three-quarters of current accounts and provide nine out of 10 business loans. ...
Small Talk: Small business energy customers are treated as second-class citizens image
....It has not been a bad seven days for Assetz Capital, the peer-to-peer lending platform. Not only has it raised up to £150m for small businesses seeking loans from the service, but it has also agreed a tie-up with Royal Bank of Scotland, which will refer unsuccessful small business loan applicants to the platform. ...
RBS says it will send small firms to peer-to-peer lenders image
Source : Telegraph [Read Article] Thursday 22nd of January 2015 04:55:06 PM
.... . Peer-to-peer lending makes up just 1pc of all business loans, according to RBS, but the industry is growing quickly. ...
Source : Reuters [Read Article] Wednesday 21st of January 2015 10:55:21 AM
.... . Metro Bank has been championed as an alternative to Britain's "big four" lenders - Lloyds Banking Group, Royal Bank of Scotland, Barclays and HSBC - which account for more than three quarters of Britain's 65 million personal current or checking accounts and provide nine out of every 10 business loans. ...
How one start-up went from calamity to happy camper image
Source : Telegraph [Read Article] Monday 19th of January 2015 07:30:38 AM
.... . The Department of Business, Innovation & Skills will today announce that some 25,000 business loans have been approved to date. ...
How the state has cost savers £1,000 a year image
Source : Telegraph [Read Article] Tuesday 25th of November 2014 08:15:17 AM
.... But the Bank of England withdrew this facility at the start of this year amid fears that it was causing the housing market to overheat. The funding was then focused on commercial business loans, but the most recent figures indicate that this lending fell during the first half of the year. ...
RBS 'wanted critic Tomlinson's mortgage back' image
Source : BBC [Read Article] Monday 24th of November 2014 05:29:27 PM
....Lloyds said Mr Finch's allegations were untrue but details could not be discussed because of legal proceedings. The hotel loan was just one of billions of pounds' worth of business loans that the bank has sold to Cerberus in the past two years. ...
Is British banking broken? image
Source : Telegraph [Read Article] Thursday 6th of November 2014 05:53:42 PM
.... - And a lack of information sharing on small businesses’ creditworthiness . The UK’s four biggest banks – Lloyds, Barclays, HSBC and Royal Bank of Scotland – control 77pc of active personal current accounts, 85pc of business current accounts, and 90pc of small business loans. ...
Source : Independent [Read Article] Monday 3rd of November 2014 11:38:34 AM
....Zopa, which lets savers lend out money to individuals, today revealed that £250 million has been lent on its platform in just the last year, with £27 million leant on the platform in October alone. It follows news last month that Funding Circle, which offers a similar peer-to-peer service for business loans, enjoyed its best ever month in September, with £28. ...
Zopa muscles in on banking territory image
Source : Telegraph [Read Article] Tuesday 28th of October 2014 06:00:58 AM
.... Zopa has minimalised bad debt by sticking to its knitting: personal loans only. It was tempting to move into small business loans, and compete with existing players such as Funding Circle. ...
Source : Independent [Read Article] Monday 27th of October 2014 02:56:24 AM
....It’s also possible to expand your business, should you have the ambition to do so, through finance providers that specialise in this audience. Lenders such as Iwoca and Ezbob offer relatively small business loans to online traders in need of working capital to expand – it’s the sort of market in which the banks are completely uninterested given the individual size of these businesses, even though, in aggregate, they have increasing scale. ...
Competition watchdog blasts banks over SME loans image
Source : Independent [Read Article] Wednesday 22nd of October 2014 12:35:09 PM
.... . Alex Chisholm, chief executive of the CMA, said: “Breach of these undertakings is a serious matter and we have directed First Trust and HSBC on the actions they must take to correct the situation immediately — so that it is clear to both their staff and their SME customers that obtaining a business loan is not dependent upon opening an account. ...
HSBC and First Trust Bank guilty of breaching competition rules image
Source : Guardian [Read Article] Wednesday 22nd of October 2014 10:37:16 AM
.... These are Bank of Ireland, Barclays, Clydesdale Bank, Danske Bank, the Lloyds Banking Group and The Royal Bank of Scotland Group. Alex Chisholm, the CMA’s chief executive, said: “Breach of these undertakings is a serious matter and we have directed First Trust Bank and HSBC on the actions they must take to immediately correct the situation – so that it is clear to both their staff and their SME customers that obtaining a business loan is not dependent upon opening an account. ...
HSBC and First Trust found 'bundling' small business loans image
Source : Telegraph [Read Article] Wednesday 22nd of October 2014 06:46:52 AM
.... . "We have directed First Trust Bank and HSBC on the actions they must take to immediately correct the situation – so that it is clear to both their staff and their SME customers that obtaining a business loan is not dependent upon opening an account," he added. ...
Source : Independent [Read Article] Monday 22nd of September 2014 11:28:42 PM
....Aldermore’s net loans to customers (including mortgages) has grown by a remarkable 64 per cent a year since 2011. Another rapid expander in the SME market is Handelsbanken, which has £7bn of small business loans on its books, more than double the level in 2010. ...
Want a loan for your business? The loan officer is checking your Facebook and Twitter comments image
....How’d that go? Not so swimmingly. “When we recently approached a traditional lender for a business loan, it was not a productive experience,” says Sands. ...
Betfair founder backs service that lets you invest in buy-to-let housing for £50 image
.... . Mr Wray, a former JP Morgan trader who stood down as Betfair chairman in 2012 and retains a 10pc stake worth around £115m, also sits on the board of Funding Circle, the crowdfunding website for business loans. ...
John Timpson: Your rival could help you shut up shop and retire image
Source : Telegraph [Read Article] Monday 1st of September 2014 11:25:57 AM
.... It was touch and go, then Clintons collapsed and our business shot up by 30pc. We enjoyed two years in this happy state, being able to pay off the overdraft and much of our business loan. ...
SMEs feeling the pinch as Funding for Lending fails to pick up image
Source : Guardian [Read Article] Thursday 28th of August 2014 01:06:47 PM
....". In November, Bank of England governor, Mark Carney, announced that the FLS would be entirely focused on business loans, with household lending, including mortgages, no longer eligible for the scheme. ...

Page rendered in 1.8034 seconds.