As UK bank loans decline, asset lending can help struggling businesses

Mar 12, 2013 Sean Albert

The Bank of England recently released a report about lending, and any hope that the Funding for Lending Scheme (FLS) was on the verge of picking up was shattered.After modest increases in August and September, net short term lending declined


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Commercial small business lending declining, prompting alternative methods to grow

Mar 08, 2013 Sean Albert

Small businesses have seen loan availability fluctuate in recent years, and a recent report by Reuters found January to be on the negative side. "It's a play-it-safe kind of economy for small businesses," PayNet founder Bill Phelan said in


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Report: Bank lending continues declining in UK

Mar 05, 2013 Sean Albert

Report: Bank lending continues declining in UK

The United Kingdom's small and medium-sized business (SMB) sector has been hit hard over the past few months. After receiving hints of good news recently, the mood turned dark again, particularly with regard to short term lending. "It is clear


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Study: Consumer borrowing declines in January

Mar 02, 2013 Sean Albert

The British economy has stagnated a bit in recent months, despite several initiatives by the government and Bank of England.In a column for The Telgraph, Gerard Lyons, chief economic adviser to London Mayor Boris Johnson, suggested that more


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Alternative lending summit to be held in London

Mar 02, 2013 Sean Albert

Short term lending, both for businesses and consumers, has stalled throughout the United Kingdom. With recent government and Bank of England initiatives failing to accomplish their goals, economists are searching for alternative methods to


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