Online resources driving British SMEs away from banks

Jun 10, 2013 Simon Williams

If British banks thought they had small and medium-sized enterprises (SMEs) in their back pocket, they appear to have overplayed their hand. Spurred by the internet, SMEs are continually turning to alternative sources of funding. "It's no secret


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Alternative financiers becoming the norm for British SMEs

Jun 10, 2013 Simon Williams

The Bank of England seems intent on making the Funding for Lending Scheme (FLS) work.Business Secretary Vince Cable is convinced that the small and medium-sized enterprise's (SMEs) revival is the key to sparking the British economy as a whole.


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Changes to FLS won't solve SME loan crisis

Jun 10, 2013 Simon Williams

The Bank of England has invested billions in its Funding for Lending Scheme (FLS), launched last summer, so it isn't too surprising Business Secretary Vince Cable didn't want to throw in the towel on the initiative just yet. Despite almost


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Alternative lending: The real 'silver bullet' for SMEs

Jun 10, 2013 Simon Williams

When the Bank of England first launched the Funding for Lending Scheme, officials were declaring that it would help get the small and medium-sized enterprise (SME) sector back on track.My, how things have changed in a hurry.The BoE recently


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British SMEs need to think 'outside the box'

May 10, 2013 Simon Williams

Whenever there's a widespread economic crisis, small and medium-sized enterprises always appear to be among the most impacted.That was the case in the United States in the wake of the Great Recession, and the SME sector is only just now recovering.


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