{"id":1805,"date":"2015-03-03T09:04:28","date_gmt":"2015-03-03T09:04:28","guid":{"rendered":"http:\/\/my-brains.co.uk\/jackross\/?p=1805"},"modified":"2015-03-02T10:10:22","modified_gmt":"2015-03-02T10:10:22","slug":"number-of-small-firms-hits-record-high","status":"publish","type":"post","link":"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/","title":{"rendered":"Number of small firms hits record high"},"content":{"rendered":"<p><strong>There are a record 5.2 million small firms in the UK, according to a government report.<\/strong><\/p>\n<p>The number of small businesses has increased by 760,000 since 2010 and 4.5 million people are now self-employed, an increase of 500,000 from 2010.<\/p>\n<p>The report reveals that more than \u00a3130 million has been lent through the Start Up Loans Company which has supported 25,000 start-ups and created 33,000 jobs.<\/p>\n<h2>The dawn of alternative finance<\/h2>\n<p>However, businesses are increasingly looking towards alternative sources of finance. Data from AltFi reveals that during the first half of 2014, \u00a31.3 billion was lent through peer-to-peer (P2P) lending and crowdfunding. With a slowdown in bank lending, these new types of finance have been particularly popular with small firms and start-ups.<\/p>\n<p><strong>Peer-to-peer: <\/strong>Peer-to-peer (P2P) firms connect you with investors across the world. The cost of borrowing through P2P can be lower than the deals you&#8217;ll find on the high street.<\/p>\n<p><strong>Crowdfunding: <\/strong>Through the power of the internet you can raise money from a large number of people. You can raise equity and debt finance by pitching your idea on a crowdfunding website and promoting it with social media.<\/p>\n<p><strong>Speak to our Manchester team\u00a0about accessing business finance today on 0161 832 4451 or email <a href=\"mailto:info@jackross.co.uk\">info@jackross.co.uk<\/a>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are a record 5.2 million small firms in the UK, according to a government report. The number of small businesses has increased by 760,000 since 2010 and 4.5 million people are now self-employed, an increase of 500,000 from 2010. The report reveals that more than \u00a3130 million has been lent through the Start Up&hellip;&nbsp;<a href=\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Number of small firms hits record high<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":""},"categories":[20,3],"tags":[52],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Number of SMEs hits record high - Jack Ross<\/title>\n<meta name=\"description\" content=\"There are a record 5.2 million SMEs in the UK, according to a government report - read more on the Jack Ross website.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Number of SMEs hits record high - Jack Ross\" \/>\n<meta property=\"og:description\" content=\"There are a record 5.2 million SMEs in the UK, according to a government report - read more on the Jack Ross website.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Manchester Chartered Accountants\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/jackrosstax\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-03T09:04:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-03-02T10:10:22+00:00\" \/>\n<meta name=\"author\" content=\"Jack Ross\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jack Ross\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\"},\"author\":{\"name\":\"Jack Ross\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818\"},\"headline\":\"Number of small firms hits record high\",\"datePublished\":\"2015-03-03T09:04:28+00:00\",\"dateModified\":\"2015-03-02T10:10:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\"},\"wordCount\":206,\"publisher\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\"},\"keywords\":[\"Finance\"],\"articleSection\":[\"Business Advice\",\"Economy\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\",\"url\":\"https:\/\/my-brains.co.uk\/jackross\/number-of-small-firms-hits-record-high\/\",\"name\":\"Number of SMEs hits record high - 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