The latest estimate of the UK’s GDP (Gross Domestic Product) has recently been released by the Office of National Statistics (ONS). GDP is is the main indicator of economic growth in the UK. This preliminary estimate of GDP does not bring good news. Whilst the UK GDP is estimated to have increased overall by 0.3% […]
Fair Business Loans is pleased to announce that it is looking to provide £2m of funding to hundreds of small businesses throughout the UK during the next 12 months. BREXIT uncertainty has caused the value of the pound to fall as less people wish to invest in the UK or hold British pounds. With the pound worth less, imported goods from abroad will cost more.
If you thought that starting a new business is a young person’s game then think again! Since the Millennium there has been a gradual growth in self-employment. There were 4.6m self-employed people in the UK at the end of 2015. Part time self-employment grew by 88% between 2001 and 2015 and full-time employment by 25% […]
Recent research indicates that 35% of small and medium-sized businesses in the UK still find accessing finance from banks a challenge. 9% went even further, saying that it was very difficult or almost impossible. This reluctance has led to 60% of SMEs being concerned about their ability to finance long-term growth. This situation is endorsed […]
According to recent research, only four out of ten small businesses survive longer than five years. One of the major causes of this is problems with cash flow. A business can be doing very well financially but struggle to meet their overheads because of issues with cash flow. When many of your clients do not […]
Bad credit seems to be one of the things in life that stays with you forever. At least that’s how it can feel. If you have bad credit history either personally or in your business, many lenders are apparently unwilling to give you a second chance. But is this true? Is bad credit a death […]
The financial landscape in the UK is ever changing. These days if you need finance for your growing business, there are a range of avenues to try. From traditional banks to alternative financial services to crowdfunding to peer-to-peer lending – to name but a few – it can be difficult to work out where you […]
You’re in the middle of what appears to be a lovely dream in which someone is telling you that they can help you to grow your business! They will give you money to enable you to develop new products and services!! This is a dream you don’t want to wake up from! Wake up and […]
The increased use of mobile phones in the UK is impacting every area of our lives including banking. The millennial generation have grown up with the expectation of being able to do almost anything on their phones, including managing business and financial transactions. In 2015 the BBA (British Bankers Association) reported on the rapid growth […]
Finance your family business with a small business loan In the ever-changing business landscape of the 21st century, the family business is still going strong. According to the IFB (Institute for Family Business), two thirds of UK businesses are family owned – 4.7 million in total. 17,000 of these are medium and large businesses. These […]
RECOGNITION OF OUR VALUES
