3 common myths about Open Accounting
Open Accounting enables lenders to leverage up-to-date information in order to provide businesses with the funding their business needs. In this article, we’ll explore some of the benefits of Open Accounting and separate the truth from the fiction.
2 Jul 2021
We’re celebrating Independents' Day UK – here’s why
Independents' Day UK is taking place on the weekend of the 3rd and 4th of July. The campaign was formed in partnership with Local Rewards, an organisation on a mission to help UK High Streets recover from COVID by rewarding shoppers for their purchases.
1 Jul 2021
5 types of finance available for retail businesses
After a long period of closure, retail businesses are now back open and able to welcome customers in again. However, this has meant many businesses in the retail sector are finding it difficult to keep up with their cash cycles and outgoings for essentials such as stock, staff and rent. We take a look at some of the different facilities available to business owners who are looking for financial support within the retail sector.
28 Jun 2021
Why it's important for SMEs to be net zero
Back in June 2019, the UK became the first major global economy to pass laws to end its contribution to global warming by 2050. Here’s why it’s so important for the nation’s small-to-medium sized businesses to play their part when it comes to reaching net zero.
21 Apr 2021
5 common myths about Open Banking
It's natural for business owners to worry about adopting new technologies into the day-to-day running of their business. So its unsuprising that many SMEs share the same concerns about the concept of Open Banking. Often, the benefits of Open Banking technology are overshadowed by unfounded myths. Did you know it can actually help business owners access finance faster, more efficiently and allow you to manage your money better. In the first article of our two part series, we’ll help you get to grips with what Open Banking means and dispel some of the myths around it. Keep an eye out for our next instalment, which will focus on Open Accounting.
19 Apr 2021
Recovery Loan Scheme (RLS) vs. AltFi products – how do they compare?
The CBILS, CLBILS and BBLS all came to an end on 31 March 2021. Launching on 6 April, The Recovery Loan Scheme (RLS) is the much anticipated replacement. But is it the best option on the lending market, and how does it compare to the other alt-fi products out there?
30 Mar 2021
UK Government unveils SME Brexit support fund
On 11 February, the Chancellor of the Duchy of Lancaster, Michael Gove, announced a £20 million SME Brexit Support Fund. The scheme is designed to help businesses overcome the challenges posed by changes to trade rules within the EU.
16 Feb 2021
What is alternative business finance?
Alternative business funding is becoming increasingly popular with businesses across the UK. It’s a broad category that encompasses many different finance types, from asset finance to merchant cash advances. Read on to find out more about the features and benefits of this flexible form of funding for businesses.
3 Feb 2021
Can I apply for a second CBILS loan?
On December 17th 2020 Chancellor Rishi Sunak announced that the Coronavirus Business Interruption Loan Scheme (CBILS) is being extended to the end of March 2021. Previously, the deadline was set to the end of January.
4 Jan 2021
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