The Cash flow News Weekly!

Happy Monday everyone!  To help fight the Monday blues we have another Cashflow News Weekly for all our wonderful readers.  This week great news for small businesses!

Scotland

Bibby Financial Services – Invoice Finance company, with offices across the UK and internationally, reports increased lending by 40% for Scottish businesses over the last 12 months.

BFS has lent over £25m to small Scottish companies.

Why you might be asking yourselves?  Well, the company aims to offer small businesses improved cash flow and support within their ambitions to expand!

But wait, there’s more great news! Bibby Financial Services have also said they are looking to grow their financial support to help small and medium-sized enterprises – Fantastic news!  To read more about this great company click here.

America

Moving onto America, small business owners also have something to shout about!  The American Express Open Survey found that 70% of small businesses feel they can obtain the capital they need to expand their business – The highest figure since the survey was first carried out in 2002.  To find out more click here.

Over 50% of the 1,150 small business owners surveyed still worry about cashflow.

As these stories show, there is funding out there to help your cash flow and help fund growth – great news!

Why not Tweet us your thoughts on this weeks cashflow news? We’d love to hear from you!

 

Gemma Purdon
Business Development
SimplyCashflow