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Finance

By Chris Dawson August 20, 2017 - 4:13 pm

Barclays starts to ring-fence retail banking

Ring-fencing of day to day banking services is one of the reforms brought in by the UK government to strengthen the UK's financial system following the financial crisis that began in 2008. Ring-fencing legislation requires each of the larger UK high street banks to separate

Have you accounted for the eBay Fees VAT change?

It's worth a quick reminder that from the 1st of August eBay are now applying VAT to their fees which business sellers will pay for the first time. The first people to see the change will be those billed in the middle of the month, other

EQ Global & Citi release 26 currency virtual bank accounts

EQ Global in partnership with Citi, have launched a new Virtual Bank Account service which allows businesses to transfer money across 26 currencies. The immediate benefit is that business can gain access to their own unique GB IBANs for 26 funding currencies enabling them to

Guide to finance & accounting services for online sellers

The Tamebay Guide is a free resource packed with dozens of vital tools and services which can help you start, manage, maintain and grow your business. Finance is one of the areas that all businesses need to take care of, but perhaps often given a back

PayPal lends £400 million to British small businesses

PayPal has revealed that they've broken the £400 million barrier in lending to British small businesses. Since the digital payments pioneer launched PayPal Working Capital in 2014, over 22,000 business owners have secured funding across a variety of industries and sectors. This new milestone marks a

PayPal have now loaned $3 billion to small businesses

We've heard many stories over the past five years or so of how small business finance has assisted online retailers. You have have borrowed from a company specifically set up to provide finance to online sellers such as iwoca, Ezbob or Cabbage, or more recently

RBS to offer £35k SME loans processed online in 3 minutes

Banks are catching on to the fact that they're losing a ton of business to small business fintech companies. Many will remember that Iwoca pioneered these loans in the UK and eventually were joined by the likes of PayPal and Amazon who also now can

Paypal Working Capital – lights are on but no one is home

David Brackin of Stuff U Sell is a regular contributor to Tamebay. Here he tells of his recent experience with small business finance companies: I tried iwoca last year and wrote up the experience on Tamebay. I was amazed at how fast and easy the process

Ratesetter and TaxAssist team up to help SMEs

RateSetter and accountants TaxAssist Accountants have formed a partnership to help UK SMEs access loans and finance. TaxAssist Accountants provide accountancy services and advice to small businesses through 290 outlets across the UK. In future they will refer businesses requiring working capital or finance to RateSetter

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