Small Business
New finance products encourage car leasing
Increasing numbers of motorists are turning to long term car leases. According to the latest figures from the Finance & Leasing Association, the trade body for the motor finance industry, in Q2 2011 the value of leases for private cars rose by 55% compared to the same period last year.
- Date: 24 Aug 2011
-
Posted in:
Asset Finance
Finance News
Small Business
First SME Monitor Quarterly Report published
Last year, in response to the publication of the government’s green paper, Financing a Private Sector Recovery, a taskforce was made up of the CEOs and senior representatives of the six largest UK banks: Barclays; HSBC; Lloyds Banking Group; Royal Bank of Scotland; Santander; and Standard Chartered. The Business Finance Taskforce brought together leading banks and business groups in a Business Finance Round Table and, using the firm BDRC Continental,…
- Date: 13 Jul 2011
-
Posted in:
Small Business
SME focus for leasing - David Cameron calls for banks to increase lending to SMEs
A call by coalition leader David Cameron for banks to increase lending to SMEs has been welcomed by the Finance & Leasing Association (FLA).
- Date: 4 Nov 2010
-
Posted in:
Asset Finance
Finance News
Small Business
Increase credit supply to small businesses
The push by lenders to increase market share boosted credit supply to small businesses in Q3. The Bank of England’s Credit Conditions Survey reported that the net balance of lenders who had increased access to credit rose to 27 in Q3, up from 13 in Q2
- Date: 4 Oct 2010
-
Posted in:
Finance News
Small Business
Tightening credit standards in EU
Eurozone banks impose tougher credit conditions on SMEs.
- Date: 14 Sep 2010
-
Posted in:
Small Business
UK SMEs turn to asset based lending
More and more SMEs in Britain are turning to invoice and asset based lending as they lose faith in traditional sources of funding, research has shown.
- Date: 14 Sep 2010
-
Posted in:
Small Business
Supporting small business
The invoice finance market is picking up as a result of the recession.
- Date: 2 Aug 2010
-
Posted in:
Finance News
Small Business
FLA calls on UK government to help SMEs
The Finance and Leasing Association (FLA) is calling on the government to “provide incentives to help [small] businesses invest in new and updated equipment”.
- Date: 2 Jul 2010
-
Posted in:
Finance News
Small Business