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Financing business

Treasury considers recovery loan scheme extension

The renewed scheme could become less generous to firms.

SMEs to get grants for professional advice

New £20m Government grant covers accountancy fees.

Businesses raise £1.7bn net finance in May

SME lending growth increases 0.4% in 12 months.

Self-employed face high levels of debt

1 in 4 have debts of more than £30,000.

85% SMEs achieve funding boost

Uncertainty ‘holds SMEs back’ more than access to finance.

New laws to boost SME access to invoice finance

Proposed laws to give small firms a ‘level playing field’.

How to improve your business’ cashflow

Keep the cash flowing over the summer.

Self-employed workers owed up to £60,000 by clients

Late payments affect 43% of the self-employed.

SMEs call for more government support

36% are unaware of existing services.

Lack of funding holds back 1 in 4 SMEs

Missed opportunities cost businesses £78,942 a year.