Finance Birmingham launches £56 million SME fund

Finance Birmingham launches a new five-year growth programme to offer loans of up to £2 million in order to support companies in Birmingham, Black Country and Solihull. The £56 million funding pot is expected to help around 40 SMEs in Birmingham, the Black Country and Solihull and create or safeguard 5,000 jobs. Finance Birmingham said it was the largest individual growth capital fund for small- and medium-sized companies in the region. It comes as a result of a public/private sector… Read More >

Budget 2014 summary of key points

The major announcements as Chancellor George Osborne presents the Government’s plans for spending and taxes to the House of Commons. [video-embed-shortcode id=”1″]   Opening remarks • Osborne says the economy is continuing to recover and recovering faster than forecast. “Together with the British people we held our nerve” • However, the job is far from done, our country still borrows too much, we still don’t invest, save or export enough. This is a budget for delivering a resilient economy, for the “makers,… Read More >

Staffordshire Business Loan Fund supports its 100th

Staffordshire Business Loan Fund has seen a Lichfield firm become the 100th business to benefit from a business loans scheme – a joint venture between Staffordshire County Council and BCRS. Netmania, an ICT solutions company, who received an initial loan in 2010 and has now been handed another business loan to help further expand their company overseas following the development of a product which enables the management of internet connections across multiple devices. The money for the business loan was… Read More >

BCRS appoints financial controller

BCRS (Black Country Reinvestment Society) the non-bank lender has appointed a new financial controller due to the “exceptional” growth the business has witnessed over the past two years. Stephen Deakin who takes up the role has worked in finance sector for slightly less than a full 12 years within a variety of businesses and across a number of differing industry sectors. With the businesses he previously worked at ranging from sole traders to a group of companies having a turnover… Read More >