Welsh development bank hoped to ease funding crisis

Posted Posted in Bibby Financial Services, Blog, David Postings

In Wales this week, the BBC reported that a development bank for businesses had been recommended to help the Welsh economy continue to grow. Dylan Jones-Evans, professor of entrepreneurship at the University of the West of England in Bristol produced a report which concluded that a development bank would ease what he described as a ‘market failure’ in available finance. One of Professor Dylan Jones-Evans previous reports found that there was a gap of £500m […]

Business funding from Bibby grows to over £400m

Posted Posted in Bibby Factors, Bibby Financial Services, David Postings

From July to the end of September 2014, my team at Bibby Financial Services boosted funding to UK PLC from £392m to £415m, representing a 5.8 per cent increase in just three months. I believe these figures highlight the changing attitude towards non-bank SME lending. Businesses are starting to become aware of the range of funding options available and many are turning away from traditional sources of finance. Throughout the summer months and into the […]

Funding for Wales

Posted Posted in Bibby Financial Services, David Postings, News

There has been some regional media coverage in recent weeks about Bibby Financial Services boosting SME Funding in Wales by 40 per cent. Wales is an important region to us and vital to the stability and continued growth of the UK economy. Businesses in Wales are showing increasing ambition and confidence and we’ve been happy to help growth by offering our services on a wider basis. We have increased funding in the region by more […]

Are businesses becoming more like consumers?

Posted Posted in Bibby Financial Services, David Postings

The market insight team at Bibby Financial Services are extremely active and I take an interest in contributing to the various reports my teams produce. Many of these reports are based on research conducted among our client-base, but others canvass opinion from the wider business community to offer insight on different issues important to SMEs. Our latest study of 1,000 businesses in the UK shows that a significant proportion is considering the use of other […]