As we creep towards 2020, there’s no denying that technology is continuing to infiltrate every aspect of our lives. From Apple and Airbnb to Netflix and Uber, digitalisation has revolutionised the way the world works. Customer expectations have soared, and the ripple effect is being felt across all industries. Unsurprisingly, banks are no exception. Online banking and contactless payments are now commonplace, and have made way for new innovations…
No doubt about it, Batman is definitely one of the most decorated superheroes out there. Unlike his superhuman counterparts, Bruce Wayne uses street smarts, innovation and a whole lot of cash to transform himself into Gotham’s Dark Knight. We’re talking the Batmobile, Batpod, memory cloth cape, grappling gun and our personal favourite the batarang, a lethal portmanteau of a metal bat silhouette come boomerang.
From Wall Street to Canary Wharf, the business finance market is a traditional, static and highly recognisable entity. While it does serve an integral purpose, the road well-travelled isn’t always the best option for every business. Cue the rise of alternative business finance.
When it comes to SMEs, big ideas and modest budgets go hand in hand. Unfortunately, this means lack of capital is often a factor that prevents many small businesses from expanding, despite the fact that technically they have the means to do so.
On June 23 2016, the UK was quite literally divided down the middle. While 48.1% of the population voted to stay in the EU, they were outnumbered by the 51.9% who wanted to leave. The result? Britain’s star dropped theatrically from the European Union flag.
Talk to any business that deals with some of the larger corporations operating today and you’ll find one major bone of contention. The time between an invoice being raised and the customer paying seems to be lengthening. This can be anything from 90 days to 120 and can cause major problems for suppliers who need available working capital to operate competitively.