open banking lending businesses truth

Open Banking – The Truth & What it Does

Open Banking – The Truth There is a video here, if you want the wordy explanation, here goes. Open Banking is a system that allows one piece of software to access your bank details. For many of us we do this all the time when paying online or connecting our business account to Xero or
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Why Getting A Bank Loan Is Like Dating

Getting a Bank Loan or Dating? Businesses get turned down for finance, fact. What it doesn’t mean is that your business proposal or the business itself is wrong. Sometimes it just happens. There is a quote from Sahar Hashemi, co-founder of Coffee Republic; For me it’s a numbers game – you should almost notch up
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Why Statistics Lie! Don’t believe loan statistics

Loan Statistics The British Bankers Association (BBA) publishes statistics on various aspects of banking and business lending. The BBA reports facts and statistics surrounding the UK banks and their activity in the business sector. This blog article looks at loan statistics and how they can mislead, for the record nobody is saying the BBA mislead,
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What Is Crowdfunding?

What Is Crowdfunding? With some analysts predicting business lending through crowdfunding in the UK could exceed £1bn by the end of 2015 then you really should be aware of what crowdfunding is. The Perfect Storm For Business Loans? They say that stress can be the best driver of innovation. As the recession took hold and
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