Tag: Finance

The Financial Express – Business News, Industry, Personal Finance, Stock Market News #local #business

#stock market news today

#

The Railways need to evaluate whether it should continue to have 125 hospitals, 600 polyclinics and 100 schools directly under its wing, he said.

Outgoing RBI Governor Raghuram Rajan today rejected the idea of the government taking a special dividend from the central bank for recapitalisation of public sector lenders, saying there is no free lunch .

India and Vietnam today called for a reform of the UN and an expansion of the Security Council in both the permanent and non-permanent categories of membership, with enhanced representation from developing countries.

Country s largest two-wheeler maker Hero MotoCorp plans to launch 15 new products in domestic as well as international markets this fiscal, a top company official said today.

Find the Jeep pricing absurd? Here s the reason and why it isn t necessarily bad

New Jaguar sets record as fastest selling car for Tata Jaguar Land Rover

Stable regulatory framework important for investment in auto sector

The system, which would utilise the same machine learning technology used in Microsoft s artificial intelligence (AI) assistant Cortana, is designed to have a long lifecycle.

Samsung announces swap for Galaxy Note 7 with Galaxy S7 variants

Xiaomi Mi Max: Phablet with long-lasting battery for heavy users

From UrbanClap to OTJ247, take to tech to slay the chores and really enjoy the festive season

Odisha Chief Minister Naveen Patnaik today launched the Biju Kanya Ratna Yojana (BKRY) and inaugurated 1,000 anganwadi buildings here as part of the celebration marking birth centenary of legendary Biju Patnaik.

The extraordinary life of Mother Teresa, who worked relentlessly for the upliftment of the destitute and who will be declared a saint by the Roman Catholic Church, must be brought alive on the silver screen, says India s acclaimed veteran filmmaker Shyam Benegal.





Tags : , , , , , , , , , ,

Small Business Finance Markets Report 2015 #printing #business #cards

#small business finance

#

Small Business Finance Markets Report 2015/16

The Small Business Finance Markets Report 2015/16 shows that the market for small business finance is improving, however a number of challenges remain:

  • A lack of businesses scaling-up is hampering UK productivity – there remains a need to stimulate a greater volume of scale-up businesses and SME exporters to counteract the UK’s lagging productivity. OECD data shows that Britain is near the bottom of the table for the percentage of businesses that grow to more than 10 employees after three years.
  • A need to delivery further diversity in the small business finance market – there is an ongoing need to accelerate the evolution of a diverse and accessible range of finance options to drive competition and choice for smaller businesses. The four largest banks still account for 80% of the small business loan market in 2014, with many small businesses not looking at alternative finance options beyond their main bank.
  • Supporting growing SMEs across all UK regions – the finance landscape remains uneven across the UK. To help rebalance growth, an increased availability of finance for smaller businesses across the UK is required. 71% of total SME equity investment is accounted for by London and South East based companies.

DOWNLOADS

2015 Business Finance Survey: SMEs

This survey, undertaken by BMG Research for the British Business Bank, follows on from the previous 2012 and 2014 “SME Journey” surveys to explore SME awareness of different types of external finance and their experience of raising finance. We have extensively used the findings from this survey within our new Small Business Finance Markets 2015/16 report to assess how finance markets have changed.

Amongst the findings, this survey shows a continued increase in business awareness of alternative finance types, including peer-to-peer lending and crowdfunding. The research also shows that a higher proportion of SMEs are aiming to grow in the next 12 months (56%), compared to 46% in the previous 2014 survey.

2015 Business Finance Survey: Mid-caps

This survey, undertaken by BMG Research for the British Business Bank, assesses the characteristics of mid-caps (businesses with £25m-£500m annual turnover) and their experience of raising external finance. The survey finds that mid-cap businesses are more likely to use and seek external finance compared to SMEs, and are also more likely to obtain finance. In addition, a high proportion of mid-cap businesses (79%) are aiming to grow in the next 12 months.

Methodology Consultation: Assessing the Unmet Demand for SME debt finance

The British Business Bank would like to consult with interested stakeholders on appropriate methodologies for assessing the unmet demand for SME debt finance. The consultation seeks views on our proposed methodology and suggestions for alternative methodologies or additional data sources.





Tags : , , , , ,

Better business finance – business finance support: Home #business #website #builder

#business finance

#

Are you a Creative
business looking for
finance?

Use our toolkit to
discover who can
help you grow

Find out more

You re a lot more
likely to get
business finance
than you think

Find out more

Find a business
mentor

Whatever stage your business is at,
we’ve made it easier for you to find a mentor.

Find one now

Compare
your bank

See what offers are
available for accounts,
credit cards and overdrafts.

See how

Need help writing
a business plan?

The appeals process is monitored and scrutinised by an Independent External Reviewer Professor Russel Griggs OBE, and his team of auditors. He produces quarterly and annual report on its effectiveness as well as areas for improvement

Independent appeals

If your application for business finance is turned down, you can launch an appeal to have the decision reviewed. You can also appeal if you are unhappy with the conditions attached to a lending facility agreed with your bank.

Santander Case Study – Isabella Oliver

Online retail business Isabella Oliver is a global leader for stylish maternity fashion, selling to over 150 countries worldwide.
Read the case study

Help for your business

Business Account Finder Overview

If you’re a business, club, society or charitable organisation, the Business Account Finder helps you to find up-to date information on the UK banking market. Read more

Find a business mentor with mentorsme.co.uk

mentorsme.co.uk helps small and medium-sized businesses quickly and easily find a mentoring organisation that matches their requirements. Read more





Tags : , , , , ,

The most powerful finance companies in America #business #analyst #jobs

#finance companies

#

The 9 most powerful finance companies in America

To determine the power of each company, we factored together 2014 revenue, number of employees, press mentions, and social media influence. You can read our full methodology here.

Now we’re looking at the most powerful finance companies from our list.

Berkshire Hathaway is the most powerful finance company in America — it ranked at No. 20 on the list, followed by Wells Fargo (No. 25) and American Express (No. 28).

Scroll through to see the 9 most powerful finance companies in America.

View As: One Page Slides

9. Prudential

Number of employees: 48,000

More than just providing life insurance, Newark, New Jersey-based Prudential helps clients save for retirement and manage their money at every stage of life. Fortune predicts that good things are ahead for the insurance company, noting that ” the aging of the wealthy world will increase demand for insurance products .”

Despite its 63,000 Twitter followers and 338,706 likes on Facebook, no Klout score is available for Prudential.

8. JPMorgan Chase

Number of employees: 240,000

The nation’s largest bank announced that it will close 300 bank branches by 2017 as more customers rely on mobile and online banking. The closures are part of a $1.4 billion cost-cutting plan put in place earlier this year by the Midtown Manhattan-based finance giant.

With the lowest social media influence among the Big Four banks, JPMorgan Chase has a Klout score of 68 out of 100, although the bank does command over 171,000 followers on Twitter.

7. Goldman Sachs

2014 revenue: $34.53 billion

Number of employees: 34,000

On Wall Street, few names inspire as much respect as Goldman Sachs. And the investment banking firm is on the rise — it grew profits 5% last year and recently garnered attention for backing Symphony, a secure internal chat system that has been called a “Bloomberg killer.”

Goldman also proves its social media influence with over 400,000 followers on Twitter and more than 30,000 likes on Facebook, earning the New York-based bank a Klout score of 89.

6. Morgan Stanley

Number of employees: 55,795

Morgan Stanley’s strong investment relationships with tech companies has given it a foothold in Silicon Valley. In fact, the Manhattan-based bank has worked with Netflix since 2011.

Morgan Stanley “helped write the financial script” for the streaming service, offering notes totaling nearly $2 billion between 2014 and 2015.

When it comes to social media influence, Morgan Stanley lands in the middle of the road with a Klout score of 87.

5. Bank of America

Number of employees: 220,000

One of America’s Big Four banks, Charlotte, North Carolina-based Bank of America has carved out its place not only in commercial banking, but in wealth management.

In 2008, Bank of America merged with Merrill Lynch, forming the world’s largest wealth-management company by assets. Bank of America launched its Preferred Rewards program in 2014 in an aim to improve customer satisfaction.

The bank has a Klout score of 90, higher than any of its competitors.

4. Citigroup

2014 revenue: $76.9 billion

Number of employees: 237,000

Citigroup, best known for its consumer banking services, continues to grow its physical and digital presences.

In fact, the New York City-based bank reported a 50% increase in mobile users last year, and reaches worldwide with banks across the globe in North America, Asia, Latin America, the Middle East, and Africa.

Citigroup’s not quite as prominent on social media as some of our other companies, but it still holds strong with a 79 on Klout.

3. American Express

2014 revenue: $34.3 billion

Number of employees: 53,500

Between slowing sales and the expiration of its exclusive deal with Costco. it was a tough year for American Express. But the credit-card company still remains profitable, proving that powerful companies can take a hit and still bounce back.

On the social media front, New York City-based Amex still commands a strong presence with over 5 million Facebook fans, 841,000 Twitter followers, and a Klout score of 89.

2. Wells Fargo

Number of employees: 265,800

The largest bank in America by market capitalization was also named the most valuable bank brand in the world three years in a row by Brand Finance.

Wells Fargo, unlike its competitors, has focused on traditional lending rather than investments, which has led to more rising profits since the financial crisis. Big investors have taken notice of the San Francisco-based bank — as of May 2015, Warren Buffett’s Berkshire Hathaway owned 470 million shares of Wells Fargo.

It’s also somewhat influential online with a Klout score of 88, commanding 172,000 Twitter followers and over 800,000 Facebook likes.

1. Berkshire Hathaway

2014 revenue: $194 billion

Number of employees: 316,000

Berkshire Hathaway, a holding company in Omaha, Nebraska, helmed by the distinguished Warren Buffett, not only rakes in billions in revenue, but owns several other prominent companies. including Geico, Heinz, and Helzberg Diamonds. Buffett himself is also the world’s third richest man, commanding a personal fortune over $70 billion.

Though Berkshire Hathaway doesn’t have an official Klout score, Buffett himself commands an 86 from the platform, despite only tweeting seven times so far.





Tags : , , , , , ,

Captive Finance Company Definition #stock #market #update

#finance companies

#

Captive Finance Company

What is a ‘Captive Finance Company’

A captive finance company is a subsidiary whose purpose is to provide financing to customers buying the parent company’s product. Captive finance companies can range in size from mid-sized entities to giant firms, depending on the size of the parent company. Their range of services can also vary widely, from basic card services to full-scale banking. A captive finance company can be a source of significant profits for the parent organization.

BREAKING DOWN ‘Captive Finance Company’

A captive finance company is usually wholly owned by the parent organization. The best-known examples of such companies are the giant subsidiaries of the “Big Three” automakers, and the store card operations of large retailers such as Wal-Mart, Target and Sears.

Due to the size and scale of their operations, the captive finance companies of the Big Three car manufacturers: General Motors Acceptance Corporation (GMAC), Chrysler Financial and Ford Motor Credit Company – are arguably almost as well-known as their parent companies. Note that subsequent to the bankruptcy of General Motors in 2009, GMAC underwent a name change to Ally Bank and rebranded as Ally Financial in 2010.





Tags : , , ,

Small Business Investors – Funding – Finance for UK Businesses #business.officedepot.com

#small business investors

#

Funding for Small Businesses

Where does someone look for funding if they are a small business? Business loans are only possible if the company has been in business for some time, but most young businesses are looking to expand and so they need other options to raise business capital.

Government grants are another possibility. However, the process of obtaining funding this way is notoriously difficult. The UK government has claimed that this is a sort to test to see how much they need the funding, but the reality is that it is regulated by EU legislation. On the other hand, the EU itself does not fund anything beyond public sector ventures.

There are also sites that offer local grants to small businesses around the UK, including local councils and large companies such as BT and O2, but the latter are usually competitions. Sites such as Business Zone UK list various business grants and awards available to UK entrepreneurs, but the number of proposals and funding amounts are usually quite limited.

More common options for business funding are Angel Investors and Venture Capitalists, both of which will invest significantly higher amounts in your start-up or small business. However, both Angel Investors and Venture Capitalists will want some control of your business and guarantees of a good return on investment in exchange for their money. But at the same time, they offer the experience which could be that factor which allows your business to succeed in the first place.

Remember, the investor is looking to make money just as you are, and so it will be a venture that both sides enter together as a partnership. This means that anyone who invests in a small business will do everything possible to ensure that they are making a sound investment. They will check your business plans thoroughly, and make sure that they themselves believe in your business idea and future plans.

Finding funding for your small business or start-up can take a long time, but the Angel Investment Network can help you make vital contacts with experienced angel investors who are looking to make an investment.

Recent Proposals

500,000 Req 10,000 Min

Live life, free. VolunteerAnything.com is a technical solution to Everyday Poverty and with investment we will change the world.

150,000 Req 80,000 Min

A****** is an innovative menu display touch screen project that supports menu allergen display at food serving premises in order to comply with FIC law.

100,000 Req 5,000 Min

Our team (experienced) will sell all products on Installments (Leasing) to enhance the buying power of Public as well as will earn 36% on every sale in one year.

20,000 Req 10,000 Min

Got contacts from my last position so ready to hit the ground running.

200,000 Req 25,000 Min

I am acquiring an established, proven business who’s existing owner is retiring. I need short-term cash (3 years) to restructure the business, generating significant returns.

3,000,000 Req 100,000 Min

Algaesys Ltd is a process contractor delivering our new proven algae-based treatment for small municipal wastewater. The process is driven by the sun, not electricity.





Tags : , , , , , , , ,

RT – News – Business, Finance, Economy, Markets, Stocks Shares #online #business #loans

#business news

#

02 Sep Exchequer returns for August show a significant fall in revenues collected during the month.

02 Sep US employment growth slowed more than expected in August after two straight months of robust gains and wage gains moderated.

02 Sep Tech giant Samsung has said it is suspending sales of its latest flagship smartphone Galaxy Note 7, as reports of exploding batteries threaten to damage the reputation of the South Korean electronics giant.

02 Sep Telecoms firm Eir has recorded its first year of annual revenue growth since 2008.

02 Sep Minister for Finance Michael Noonan has claimed that the EU Commission’s ruling over Apple’s tax operations in Ireland was an “attack on our corporate tax regime”.

02 Sep Heavy machinery maker Caterpillar has said it could lay off about 2,000 employees at a plant in Belgium, as it considers shifting production to other facilities as part of a restructuring programme announced last year.

02 Sep Irish Residential Properties REIT, or I-RES, is seeking planning permission for 492 apartments as well as retail space in Sandyford in Dublin.

02 Sep Peer-to-peer lending platform Linked Finance says 21 SMEs raised €600,000 in funding during the first two weeks of its new fixed rate loan offering.

02 Sep Activity in the services sector rose by 0.5% between June and July, with wholesale and retail trade seeing a 6.1% surge during the month.

02 Sep Currency movements have hit Fyffes’ banana business, according to the company’s first half results.

02 Sep Crude prices have risen today after losses of more than 3% yesterday, with investors treading cautiously ahead of key US employment data.

02 Sep RTÉ’s Europe Editor Tony Connelly looks at the Apple ruling and the possible impact of a similar case involving Spanish bank Santander.

02 Sep The Irish Times reports telecom firms have hit out at Eir for raising wholesale broadband prices for the second time in 14 months.

02 Sep Telecoms firm Eir has recorded its first year of annual revenue growth since 2008.

01 Sep Up to 250 jobs could go at US multinational Caterpillar’s plants in Northern Ireland, a spokesman has said.

feature” data-cycle-timeout=”0″ data-cycle-swipe=”true” data-cycle-next=”.highlights-nav.next” data-cycle-prev=”.highlights-nav.previous” data-cycle-disabled-class=”disabled” data-cycle-allow-wrap=”false” data-cycle-update-view=”1″ data-cycle-auto-height=”calc”>

Grafton Chief Executive Gavin Slark discusses the builders’ merchant and DIY retailer’s double-digit growth in percentage terms in revenue and profit in H1

Bord Gáís Energy Managing Director Dave Kirwan said the firm is reducing its residential electricity prices by 5% and its residential gas prices by 2%

Just Eat Managing Director for Ireland Amanda Roche Kelly discusses the brand’s presence at the upcoming Electric Picnic festival





Tags : , , , , , , , , ,

The Financial Express – Business News, Industry, Personal Finance, Stock Market News #business #day

#stock market news today

#

The Railways need to evaluate whether it should continue to have 125 hospitals, 600 polyclinics and 100 schools directly under its wing, he said.

Outgoing RBI Governor Raghuram Rajan today rejected the idea of the government taking a special dividend from the central bank for recapitalisation of public sector lenders, saying there is no free lunch .

India and Vietnam today called for a reform of the UN and an expansion of the Security Council in both the permanent and non-permanent categories of membership, with enhanced representation from developing countries.

Country s largest two-wheeler maker Hero MotoCorp plans to launch 15 new products in domestic as well as international markets this fiscal, a top company official said today.

Find the Jeep pricing absurd? Here s the reason and why it isn t necessarily bad

New Jaguar sets record as fastest selling car for Tata Jaguar Land Rover

Stable regulatory framework important for investment in auto sector

The system, which would utilise the same machine learning technology used in Microsoft s artificial intelligence (AI) assistant Cortana, is designed to have a long lifecycle.

Samsung announces swap for Galaxy Note 7 with Galaxy S7 variants

Xiaomi Mi Max: Phablet with long-lasting battery for heavy users

From UrbanClap to OTJ247, take to tech to slay the chores and really enjoy the festive season

Odisha Chief Minister Naveen Patnaik today launched the Biju Kanya Ratna Yojana (BKRY) and inaugurated 1,000 anganwadi buildings here as part of the celebration marking birth centenary of legendary Biju Patnaik.

The extraordinary life of Mother Teresa, who worked relentlessly for the upliftment of the destitute and who will be declared a saint by the Roman Catholic Church, must be brought alive on the silver screen, says India s acclaimed veteran filmmaker Shyam Benegal.





Tags : , , , , , , , , , ,

Captive Finance Company Definition #starting #your #own #business

#finance companies

#

Captive Finance Company

What is a ‘Captive Finance Company’

A captive finance company is a subsidiary whose purpose is to provide financing to customers buying the parent company’s product. Captive finance companies can range in size from mid-sized entities to giant firms, depending on the size of the parent company. Their range of services can also vary widely, from basic card services to full-scale banking. A captive finance company can be a source of significant profits for the parent organization.

BREAKING DOWN ‘Captive Finance Company’

A captive finance company is usually wholly owned by the parent organization. The best-known examples of such companies are the giant subsidiaries of the “Big Three” automakers, and the store card operations of large retailers such as Wal-Mart, Target and Sears.

Due to the size and scale of their operations, the captive finance companies of the Big Three car manufacturers: General Motors Acceptance Corporation (GMAC), Chrysler Financial and Ford Motor Credit Company – are arguably almost as well-known as their parent companies. Note that subsequent to the bankruptcy of General Motors in 2009, GMAC underwent a name change to Ally Bank and rebranded as Ally Financial in 2010.





Tags : , , ,

The Enterprise Finance Guarantee Scheme #small #business #ideas #for #women

#guaranteed business loans

#

Updated cookies policy – you’ll see this message only once.

Barclays uses cookies on this website. They help us to know a little bit about you and how you use our website, which improves the browsing experience and marketing – both for you and for others. They are stored locally on your computer or mobile device. To accept cookies continue browsing as normal. Or go to the cookies policy for more information and preferences.

This page is not suitable for viewing using your current internet browser. Please update your browser to a more up to date version before proceeding. See how to update your browser .

The Enterprise Finance Guarantee Scheme

The eligibility criteria specified by the Department for Business, Innovation and Skills website states that EFG is open to businesses that:

  • Operate in the UK
  • Have a group turnover of no more than 41 million
  • Are seeking finance of between 1,000 and 1.2 million
  • Wish and can afford to repay over a period of between 3 months and 10 years for term lending and between 3 months and 3 years invoice finance
  • Require the finance for an eligible purpose (most business purposes are eligible the most significant exclusion is the financing of specific export orders as alternative forms of assistance for that purpose are provided by UK Export Finance)
  • Operate in a business sector that is eligible for EFG (almost all sectors are eligible where exclusions apply they arise from EU State Aid rules)

Other details

  • The ability to request a Capital Repayment Holiday (subject to approval). Interest will be charged to the current account
  • Loans are available from 3 months to 10 years for loans from 1,000 to 600,000, and 3 months to 5 years for loans of 601,000 to 1.2 million
  • EFG loans require customers to pay a fee of 2% per year on the outstanding loan balance to the government
  • All bank fees can be added to the loan to help with your cashflow

Please note, you ll be responsible for repayment of 100% of the EFG facility, not just the 25% outside the coverage of the government s guarantee. Where defaults occur, we follow our standard commercial recovery procedures, including the realisation of security, before we make a claim against the government s guarantee for any shortfall.

Ready to apply or want to find out more?

Barclays customers

Lines are open Monday to Friday, 8am-7pm 6

0345 605 2345

New to Barclays?

Lines are open Monday to Friday, 8am-7pm 6

0800 515 462

Other products that may interest you

Business credit cards

Get the cashflow support your business needs, whether you re just starting out, growing or established.

Business overdraft

If you need flexible short term borrowing, chat to us about an overdraft.

Cashflow finance

Release cash in your invoices within 24 hours and keep your business running smoothly.

Important information

  1. For fixed rate loans, if you decide to pay early or cancel the fixed interest rate, you may have to pay breakage cost in addition to other fees such as prepayment fees.
  2. You can choose your loan terms providing the loan term doesn t exceed the life of the asset.
  3. Capital repayment holiday available (during this time interest will be charged to your current account).
  4. Loans are available from 3 months to 10 years for loans 1,000- 600,000 and 3 months to 5 years for loans of 601,000 to 1.2million.
  5. Subject to status and application. We offer a fair appeal process should you feel we ve not taken all your circumstances into consideration. To find out more click here .
  6. Lines are open Monday to Friday, 8am to 7pm. To maintain a quality service, we may monitor and record phone calls. Call charges

Barclays Bank PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 122702). Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board. Further details can be found at www.lendingstandardsboard.org.uk. Barclays Insurance Services Company Limited is authorised and regulated by the Financial Conduct Authority (Financial Services Register number: 312078).

Barclays Bank PLC. Registered in England. Registered no. 1026167. Barclays Insurance Services Company Limited. Registered in England. Registered no. 973765. Registered office for both: 1 Churchill Place, London E14 5HP. ‘The Woolwich’ and ‘Woolwich’ are trademarks and trading names of Barclays Bank PLC. Barclays Business is a trading name of Barclays Bank PLC.





Tags : , , , ,