Blog
Just pop into the branch
Do you sometimes wonder if banks are on the same planet as the rest of us?! Small business owners work every hour they can and yet when they need to do essential banking that requires a visit to a branch the hours are usually 9:00-17:00! Yet recent research by Funding
The rise of the micro-multinationals
A decade ago, the global market place was dominated by larger corporations where bigger meant more and physical presence was needed to complete sales transactions across borders. Small to medium businesses found more success in local and domestic markets. However, global communication has changed all that. Video communication and other
What does the new National Living Wage mean for small businesses?
The new National Living Wage (NLW) comes into effect April 1st, 2016 and is the minimum wage for over 25s which is now £7.20 per hour. 1.3m workers across the UK are set to benefit, but this also affects costs to small businesses. Although small businesses only employ 35% of
Can’t pay won’t pay?
If you are a small business owner you will be only too aware of the impact of unpaid invoices. If a payment is late it adversely affects your cashflow and therefore small business funding. The worst case scenario is that a vulnerable business could go under if its creditors do
Brexit – Part 2
In our last article we explored opinions on both sides of the Brexit camp over the five key areas of: The UK Economy; Trading Opportunities; The UK job market; Job Opportunities in Europe; The Impact on Large Businesses. In this article we return to the main area of concern to
Small business confidence hit three-year low
Small business confidence hit three –year low across the UK. The decline is most prominent in London and East London, but all regions across the UK have seen declines. Scotland has fallen into negative territory, also a first in three years. The Federation of Small Business (FSB) published a report
Brexit – Part 1
The term “Brexit” has recently become part of our everyday language. It is a combination of the words “Britain” and “Exit” and has become an easy way to refer to the forthcoming decision on whether Britain should exit the European Union (EU). In this two part article we here at
Women-led SMEs on the rise
With International Women’s Day being celebrated this week, we take a look at our women entrepreneurs in the UK. In a recent report published by HSBC, 3000 entrepreneurs were surveyed around the world, 501 of those from the UK. Women play a huge role in the SME landscape, generating £4.1m
Metro Bank favourites for micro- business banking in the UK
Fair Business Loans is part of Fair Finance which is the fastest growing microfinance organization in the UK and so we take a keen interest in which banks are offering the best service to small and micro companies. Recent Research compiled by Business Banking Insights looked to establish which banks
Matthew Jones replaces Mark Hannam as chairman of Fair Finance
After an incredible ten years service as a Fair Finance board member, eight of which as chair of the board Mark Hannam resigned as chairman and from the board at the Fair Finance EGM on the 18th of February. Faisel, the rest of the board and the Fair Finance team
