Financing business

Businesses borrow less and save more

Businesses are borrowing less and saving more, the latest statistics from the British Bankers' Association (BBA) have revealed.

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Late payment legislation to be brought forward

Late payment legislation designed to help prevent late payment of invoices and unfair payment terms will be introduced a year early, a Government minister has revealed.

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Demand for borrowing still subdued, say banks

Businesses and individuals are continuing to adopt a cautious approach to borrowing, the British Bankers’ Association (BBA) has said.

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Fund boss urges new ways to finance firms

The chief executive of the Business Growth Fund has lent his support to encouraging alternatives to bank funding for businesses.

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Business Growth Fund may help more firms

There is the possibility that the Government’s Business Growth Fund, aimed at supporting fast-growing companies that would otherwise struggle to find funding, may be extended to more firms than were included in the original remit.

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Banks set to meet lending targets

The UK’s major banks look likely to meet their small business lending targets as agreed with the Government.

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Entrepreneurs expect funding conditions to ease

Entrepreneurs are still envisaging a tough time in securing finance over the coming months but think that money should be easier to obtain.

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Add competition to the banking sector to boost lending

Setting banks business lending targets is not the way free up credit for firms, a business group has claimed.

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Mixed picture on bank lending to businesses

New research on bank lending to smaller firms has thrown up both encouraging and discouraging news.

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