News

Major banks add crowdfunder to alternative lender panel

Finance, Funding

Seedrs has been invited to join NatWest and Royal Bank of Scotland’s (RBS) select panel of alternative funding solutions. The crowdfunder has become an equity funding partner in the banks’ Capital Connections programme. The panel allows NatWest and RBS relationship managers to offer UK business and commercial customers an...

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Branchless SME bank granted licence

Finance, Funding

A new branchless digital bank for SMEs has secured its banking licence from the Bank of England ahead of a planned launch in early 2018. CivilisedBank will serve businesses through services such as loans, overdrafts and foreign exchange, using a network of local representatives with access to the latest...

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Business borrowing from banks drops £600m

Finance, Funding

Bank borrowing by non-financial companies fell by almost £600m in April, according to new figures from the British Bankers’ Association (BBA). The decline was largely driven by a £699m drop in net borrowing by public admin and defence companies, as well as a £463m fall in lending to wholesale...

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Tandem Bank changes name

Finance, Investment

Tandem Bank has changed its name to Tandem Money, just months after temporarily pausing its savings account launch following the collapse of a major investment. In March, Tandem revealed that a £29m investment from House of Fraser would not take place due to increasing limitations placed on Chinese firms...

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Six smart ways small businesses can save money

Finance, Advice

Small business owners don’t usually have vast reserves of cash they can dip into should things get tough. Here, content head at digital marketing agency BlueGlass, Irma Hunkeler, gives six smart ways small businesses can save money. Life for a small business is rarely easy, and with maintaining healthy cash flow...

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New commercial property lender launches in Ireland

Finance, Funding, Investment

Timbercreek Asset Management has created an Irish commercial property lending business. The Canadian property investment firm has made €200m (approximately £172m) available to support property investment projects across Ireland. Timbercreek’s Irish team will be led by Paul Roddy (pictured above) and will target loan sizes from €1m to €50m...

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We are hiring – Client Account Manager

Uncategorized

Background Balance for Business is a young and vibrant firm founded in 2010 by our Managing Director, Dave Ottley. We are a Commercial Finance Brokers that specialises in sourcing all forms of funding, on behalf of our clients, who are predominantly based in the South West/South East of England....

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