ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

5 Fresh ways to raise finance for your SME

Updated on April 18, 2015

The financial crisis was anything but enjoyable for the majority of business who were faced with banks that wouldn’t budge and loosen their purse strings. For many this led to absolute destitution with businesses simply unable to continue trading. However one silver lining around a decidedly grubby looking cloud is that the range of finance options before SMEs has increased significantly and here I present you with five of the freshest way in which business are seeking cash injections.


A TED talk on Finance

1. Credit Unions

Credit unions have been around for a good numbers of years and in some instances are actually as old as many of the high streets banks. Nevertheless they make for an entrant on my list due to the growth in popularity for SME financing.

2. Crowd Funding

Crowd funding may be considered as one of the most innovative forms of raising finance and involves the offering of some benefit in return for a small payment from each of a large pool of private consumers. This could be a credit within a book as offered by a budding freelance writer or it could be an invitation to an event or some similarly small exchange.

3. Invoice trading

Invoice trading can seem like a pretty complex concept to grasp, however the basic premise is relatively simple. Invoice trading would involve you selling invoices that are yet to be paid, these are auctioned to the highest bidder who pays you at the close of the auction. Then, when your client pays, the bidder receives the funds.

This may not come under traditional finance raising, however it has served as a way of businesses keeping their cash flow healthy and being able to grow, rather than recede, in times of trouble.

4. Peer-to-peer lending

Peer-to-peer lending can be considered as the people’s triumph form the credit crunch. This market operates, quite simply, with private individuals financing SMEs that need cash injections. In between these two bodies there is an intermediary company who manages the process and pools all investor money so that the risk is spread between consumers, as opposed to investing in a singular business.

5. Payday Loans (N.B. This is one NOT to use)

Just as with private consumers the payday loans market continues to expand apace and whilst this makes for an entrant onto my list because of the sheer growth and increasing number of SMEs using Payday loans, I don’t recommend them.

Whilst the market is changing and the government is showing signs of cracking down on what was previously an unregulated market it still remains an option for only those who have nowhere else to turn (and for whom such products with incredibly high interest rates should avoiding at all costs).

Focussing on business success beyond financing

Hopefully the ideas for fresh finance options above provide a range of options to SMEs who would otherwise still be struggling for choices beyond that of the bank manager. Let me know what you think of the changes that have been seen throughout the financial crisis and beyond - do you think it’s been an empowering experience for the SMEs left behind?


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)