Blog

Loans for invisible businesses

Jonathan Gold

27 Sep 2015

People don’t notice the number of start-ups that happen, come and go below the radar. Entrepreneurs who never go to a bootcamp, never have a mentor and don’t see venture capital or crowdfunding. Why is that? Well they always have and always will it’s just part of the business base of the UK and most countries.

A around 80% of UK businesses in the category of small and medium enterprises (SMEs). Of these SMEs around 40% employ less than 10 people. These are also often “sole-traders” so they are not even a registered company and hard to spot on any official statistics. We should pay more attention to the positive effect of small businesses on the economy.

What most of them have in common is they will use a bank and have a bank account of some sort. Also over 80% of UK businesses use some form of loan finance at some point. This is why I am so keen on making loan finance more available. In fact I do this in my sister business, Rivers Capital Partners, in the North East of England. Have a look at www.riversloan.com

The other reason may businesses just get on with it is they are set up and run by, well older people. Most have families and don’t want to go to a bootcamp or seed school. They are just part of our community and so get missed by most of the commentators and pundits in the tech economy. Look around you, many are fantastic and deserve recognition.


Entrepreneurs are constantly striving for success, looking for ways to make their business work. A lot is written about success, I have decided to take...

Having read all sorts of doom and gloom and plenty of speculation since the UK referendum to “Brexit” or leave the EU. What does it...

Whilst wandering through the attributes of the Entrepreneur, one can be forgiven for being bombarded with lists of skillsets, strengths and traits without ever seeing...

Looking for investment? Well you are competing with hundreds of small businesses and entrepreneurs in your local area and thousands nationally, especially on crowdfunding platforms....

When I left university setting up your own business was not an option anyone mentioned. To me an entrepreneur was….well I'm not sure I knew...

Some people plan their negotiation strategy, the outcome they want, their Best Alternative to Negotiated Agreement "BATNA". Others seem to wing it, too many settle...

As the year draws to a close, I find myself reflecting through the eyes of an investor. We should celebrate that 2015 sees the successful...

It’s amazing that people think Crowdfunding is new. What is new I guess is that the general public can go onto on-line platforms and share...

Most investors like to be able to visit the business they invest in, and they like to talk to the people running it, face to...

People don’t notice the number of start-ups that happen, come and go below the radar. Entrepreneurs who never go to a bootcamp, never have a...

I should qualify the above statement right away. You should take advice if you think your business or start-up needs investment. Why? Well a good...

There is a recurring theme in what makes a successful business. It's the people involved. When you hear about a terrific new start-up or amazing...

The North East of England is part of the Northern PowerHouse. The concept will be the poorer without this region with its 5 universities, 6...

I have said before 'investing is a balance of risk and reward' - so is running your own business. Most entrepreneurs do both by taking...

One thing I think the British are bad at is counting and shouting about our acheivments. There is an odd issue around someone telling you...

I admire people who seek finance to start, fund, maintain or grow their business. They have taken on something they believe in and or have...

So if you are looking for investment for your new business idea or even perhaps investing what should you do, where to go, Angels, VCs...

It can be fun to criticise venture fund managers, the investment industry and even more so the Government or European Institutions. Sometimes I think it’s...

Finding the right business model for your idea is crucial to your chances of success. Too few startups and entrepreneurs consider this in detail at...

Over the last few weeks there has been a lot of advice flying around about advice. I'm taking about advice for entrepreneurs. Many business people and wealthy...

Firstly, congratulations are in order! I'm sure that if you have raised your seed capital, ordinarily a tantalising couple of hundred thousand pounds sterling if...