Thursday, 16 February 2012

New EFG Lenders Announced

Four new lenders have been accredited to offer loans to small businesses under the Enterprise Finance Guarantee (EFG) scheme, the Government announced today.
The EFG gives vital funding to small and medium-sized enterprises (SMEs) that lack the collateral or credit history to secure a normal bank loan.
The four new accredited lenders are:
• Metro Bank
• Hull Business Development Fund
• Black Country Reinvestment Society
• MSIF (providing finance to SMEs in Merseyside)
The Government has also announced a new accreditation round which will open on 1 March 2012, and is inviting lenders to apply for accreditation to offer EFG loans.
 Contact Pegasus Funding Resources for more information
Tel:01932 244810

Monday, 13 February 2012

New Funding White Paper from Pegasus Funding Resources

Financial Challenges and Pains faced by SMEs is a new white paper released today by Pegasus Funding Resources. The white paper looks at the challenges and pains experienced by SMEs, and then describes the funding options available to them depending on which stage of development that they are at.
To receive a copy of this 16 page white paper please email

Tuesday, 7 February 2012

Crowdfunding meets Invoice Discounting

SMEs are beginning to take Crowdfunding very seriously. Not only can you raise equity funding by using this new phenomenon, as well as 1 or 3 year loans, you can now raise much needed cash flow by selectively selling your invoices to a new crowdfunding auction site.
The auction site is an online marketplace where growing companies selectively auction their invoices due to large customers to a network of high-net worth and institutional buyers raising flexible working capital – over £5mn advanced to over 60 businesses to date
Buyers of invoices are global institutional investors (such as asset managers and private investment funds) who bid against each other to advance you cash – so you always get a better deal
Unlike invoice discounting, you only sell the invoices you want to sell, and there are no restrictive covenants or personal guarantees. There are no ongoing monthly service fees or non-use fees. Where traditional invoice discounters do not accept certain invoices or turn down your application, by posting the invoice on our platform you might be able to find an investor keen to buy.
For further details please visit our website:
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Or contact your nearest Pegasus Associate:
Peter Kelly: 07778 670 236 London, South East, & East Mids.
Mark Heaton: 07976 722851 . Essex, Kent, S E London, East Sussex.
Alan Cottle: 07791 349429. South West, West and West Mids.
Bruce Colley: 07730 029594 . Devon, Cornwall, Dorset and South Somerset
Richard Olsen: 0797 664 2432 . Lincolnshire, Leicestershire, Cambridge, Northamptonshire, Norfolk.