Financing business

Late payments total billions for SMEs

Almost three-quarters of small firms have been hit by the late payment of bills during the past year, new figures suggest.

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Smaller firms still being affected by late payments

Many small firms are having to wait longer to get paid, new research has shown.

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Credit still proving elusive for smaller businesses

Figures released by the Bank of England have suggested that small firms are continuing to experience some difficulties in securing loans from the banks.

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Less use than expected made of financial support schemes

The government’s raft of business financial support programmes, introduced in the depths of the recession, was used by fewer firms than predicted.

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Budget 2010: business support

It was always likely that the Chancellor would devote a proportion of the Budget to outlining government plans for stimulating business growth and development as the economic recovery begins.

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Firms look to marketing to drive business

Increasing numbers of smaller businesses are boosting their sales and marketing efforts in order to speed recovery in the aftermath of the recession, a new study has found.

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Business group contests banks’ view on lending

A leading business organisation has questioned claims by the banks that business lending is in a healthy state.

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Small firms need alternative sources of finance

Sources of funding, other than those provided by the banks, may be the solution to the squeeze on credit affecting many small firms, a leading business group has argued.

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Banks still reluctant to lend

Banks that have received bail-out support from the government are still unwilling to lend money to businesses, a House of Commons committee has claimed.

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