BCRS Business Loans: Supporting Small Businesses When Banks Say No

BCRS Business Loans: Supporting Small Businesses When Banks Say No

BCRS Business Loans has reported a significant surge in support for small and medium-sized enterprises (SMEs) across Wales and the West Midlands, providing nearly £10 million in debt funding during its most recent financial year. The Midlands-based community lending specialist, which focuses on businesses unable to secure finance from mainstream banks, delivered £9.9 million to 124 companies in 2024-25—a 68% increase in the number of SMEs suppor…

What happens when the bank says “No”? — The Small Business Site

Article provided by Merchant Factors Needing access to finance is part and parcel of running a business. And many companies explore the traditional bank loan route first. However, conventional sources of capital are not easy to get. A bank will typically review your company’s assets, liabilities and credit history, plus take a hard look at how long your company has been operational, its overall financial health, profitability, positive cash flow…