Business Banking
Working five to nine: second jobs to make a living
More than three million (six per cent) Britons have held a second job in the past six months and a further 1.5 million (four per cent) have launched their own business to supplement the income from their primary job, according to research from Direct Line Home Business Insurance.
Barclays Business Current Account for small businesses
Barclays has launched a new Business Current Account for small and medium sized businesses (with turnover up to £5million) and is the first, and only, business bank account to reward customer loyalty.
New adventure travel - driving growth with HSBC funding
South Wales-based coach and bus operator New Adventure Travel has secured a £1.5 million funding package from HSBC's Cardiff and South East Wales Commercial team to help expand its fleet of coaches.
Funding woes halt dreams of seven in ten aspiring entrepreneurs
With aspiring entrepreneurs continuing to struggle to secure bank credit for their start-ups, new research from Amigo Loans reveals that 48% of Brits would consider setting up their own business, but 68% think it would be too difficult to get funding for their venture.
Cash flow concerns: UK SMEs worried for the year ahead
Cash flow remains a significant challenge to large numbers of UK businesses, according to new research from Santander Corporate & Commercial.
8 million people in the UK operate an ‘online business from home’
One in six (17%) people in the UK (or eight million) are operating as an ‘online business from home', specifically purchasing goods to resell, or making their own products to sell for profit, according to research from Direct Line for Business ("DL4B").
£300 million boost for SME lending
Small and medium sized businesses (SMEs) struggling to access finance received a boost today as the Business Secretary Vince Cable launched the first phase of the new business bank.
Tricorn secures £10m HSBC funding as it prepares for international growth
Worcestershire-based engineering group Tricorn PLC has moved its full business banking to HSBC to support its growing international operations.
The opportunity of a generation
More than one in four (26%) 14-25 year olds want to run their own business when they leave school, which if realised, would create a potential source of innovation and productivity, according to findings from the Barclays Youth Barometer.
Dalby setting sail offshore with Santander
Yorkshire-based marine services provider, Dalby Offshore Renewables, is adding a high specification 20-metre Alicat Workboat to its fleet, following a new £1.36 million asset finance facility from Santander Corporate & Commercial.
Banks slam their doors on 3.7 million UK entrepreneurs
As small businesses struggle to stay afloat, new research from Amigo Loans, has found that just 20% of micro-businesses were funded through a bank loan and one in six had to resort to a payday loan to fund their business.
Healthy food group secures ‘Vital Ingredient' for 11 new stores
Healthy fast-food retailer Vital Ingredient is set to more than double in size creating up to 150 new jobs in central London, after securing a £2.75 million finance package from Santander Corporate & Commercial's Breakthrough programme.
Atlas maps out future with Santander finance
North Devon-based Atlas Packaging has secured a £3.75 million finance package from Santander Corporate & Commercial to support the company's five-year growth plan.
Removals firm Purvers eyes growth in 2013 after securing new finance
Removals firm Purvers International has its sights on growth in 2013 after securing a new invoice finance package from Santander Corporate & Commercial.
Wosskow Brown Solicitors sign up to funding with HSBC
Sheffield-based Wosskow Brown Solicitors, which specialises in handling personal injury claims, has announced it is moving its banking arrangements to HSBC Commercial Banking in South Yorkshire.