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Business Banking

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.

Real Time Information: are you ready?

The countdown is on to the introduction of Real Time Information, the biggest shake up to the PAYE system since 1944.

Merlin Cycles accelerate growth plans with help from HSBC

Chorley-based Merlin Cycles has today announced new funding from HSBC which will see the bicycle retailer gear up for further international growth.

IVendi on hunt for new staff after finance deal

Specialist IT services firm IVendi is set for a recruitment drive after securing a new finance deal from Santander Corporate & Commercial.

AAF growth takes off with Santander funding

Aircraft supplies company AAF Spares is set for growth after securing a $10 million (£6.18m) finance package from Santander Corporate & Commercial Banking to purchase additional stock to supply to major aircraft clients.

Eliza Tinsley links to HSBC as it targets growth

Eliza Tinsley, the Wednesbury-based chain, rope, hardware and office furniture trader and distributor has switched its full banking to HSBC's Birmingham Commercial division.

Cost cutting tips for SMEs

The UK's 4.8 million SMEs are throwing money away by failing to review their outgoings often enough, according to new research by Clydesdale and Yorkshire Banks.

Nearly half of new start-ups looking to expand in 2013

Tenacious entrepreneurs are confident about trading conditions as they look to scale up in 2013. Nearly half (48%) of the business owners who set up shop in the last two years are looking to expand their business operations in 2013, according to Aviva's bi-annual SME Pulse.

New premises speed up growth at CAT Communications

Following a successful year in 2012, telecommunications systems group CAT Communications is moving into new and bespoke premises to facilitate growth in sales and headcount after obtaining a commercial mortgage from Santander Corporate & Commercial Banking.

Sweet deal as County Confectionery moves to HSBC

A family owned chocolate and fudge producer is planning to double production and employee numbers with support from HSBC Commercial Bank.

Business record checks re-introduced

Make 2013 the year you resolve to get your business records in order. That’s the message from Peterborough accountants Rawlinsons in light of the reintroduction of the government’s Business Record Checks initiative.