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Business Banking

Cornish pasty maker finds filling to fuel expansion

Bodmin-based Cornish pasty maker, Proper Cornish, is set for expansion with the refurbishment of, and move, to new manufacturing premises in a £3.75 million project, backed by the Cornish Regional Growth Fund and Santander Corporate & Commercial.

Finance bosses get together to boost business

Financial directors from some of the East Midlands’ biggest companies have been exchanging ideas in a bid to boost business.

£100 million fund to support business growth goes national

A successful partnership that brings together promising businesses and successful entrepreneurs along with government and private sector investment has been extended across the UK, Business Minister Michael Fallon has announced.

I Like Music looks to expand team following growth capital deal

Digital music provider I Like Music is on a recruitment drive after securing a £700,000 growth capital deal as part of Santander's Breakthrough programme.

Banks launch exclusive mortgage range for business customers

Clydesdale and Yorkshire Banks are launching a new range of mortgage products exclusively for business and Private Bank customers.

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.