There are countless reasons why people start a business. And even if it’s been a while since you started your own, we are sure you’ll remember what gave you that initial spark. While COVID-19 continues to wreak havoc on many routines in our daily lives, it has been a catalyst for many business owners to revisit their plans. Either to

R&D tax credits are designed to reward innovation within UK companies. They provide businesses with funds in return for developing new products and services. The pandemic has created a greater need to innovate, with businesses having to rethink their business practices in order to adapt to the “new normal.” This creates an opportunity for FSB members to use technology to

Recently, FSB hosted a joint webinar with panelists from British Business Bank, UK Finance and FSB Funding Platform. In this blog, we wanted to extract the key points for FSB members on the financial aid that is available under the Coronavirus Business Interruption Loan Scheme (CBILS). We hope you find the following videos useful and informative as an introduction to

When we planned this blog, things were a bit different. We were going to focus on advances of technology that help SMEs manage their cashflow. But then COVID-19 gripped the UK and it felt wrong not to acknowledge what is now a global pandemic. AVAILABLE NOW: Check your COVID-19 funding options using FSB Funding Platform By now, we’ve spoken to

To truly take the pulse of your business, it’s essential you understand your working capital requirements. It’s a fundamental building block for the financial health and operational success of your business. What is your current method for managing the cash coming in or going out of your business? Are you falcon-like, with a keen proactive eye for detail? Or do

In the retail banking world, Open Banking is transforming the way customers communicate financial information to third parties by securely sharing their account data. Now it’s bringing the same step change to the way businesses apply for funding. What is Open Banking?  Open Banking is a secure standard that allows you to share your financial information with regulated providers. Most

When first launching FSB Funding Platform back in 2018, the aim was to help businesses thrive through better access to finance. And with on average 6.4 funding providers per request 1 connected, the intelligent matching technology is certainly delivering choice to members. But business finance is not just about going online and comparing quotes. It is also about business confidence:

Running your own business isn’t easy, and many business owners get caught in the trap of working ‘in’ the business rather than ‘on’ the business. It may feel natural to put hours of work into your business, but getting caught in the endless day-to-day can prevent the chance for growth. It’s important to recognise when you’ve become overloaded. So how

Business finance covers a lot. With more products entering the market every day, it can be hard to find the one that suits you. And with such variety in how the offers are structured – it can be even harder to tell how much it really costs. It’s no longer enough to look at the headline rate. That never tells the full story when it comes to fees. You need to dig deeper to make sure you’re not blindsided by additional charges or conditions.