News & Info

Aben Financial's founding partner James Wallis was thrilled to be recently voted as ICAEW South West's Vice President of the Commitee. 'It's a real honour to be voted in by the rest of the commitee, the ICAEW is so important in developing, promoting and supporting the accounting industry. So to be able to play an active role in the industry locally, is really rewarding". James qualified as a chartered accountant in 2004 and he is incredibly proud of his accountancy roots, " the accountant in me always approaches deals with a healthy amount of caution and a desire to never spend more than necessary for finance!"
A survey of SMEs by Worldpay reveals the majority are planning for growth in 2018. But more than half also admit they are concerned that traditional routes to finance, including bank loans, may not be available at the same levels in the coming year. Some 30% say they have already encountered difficulties securing funding through these channels. As a result, small business owners are increasingly looking at alternative financing options to support growth. While 21% of business owners aged 44 or under say they are still most likely to apply for a bank loan when looking for funding, 17% of respondents say they’re more likely to look at crowdfunding, while 11% prefer peer-to-peer lending, and 6% say they favour business cash advance.
London Loves Business
Last week our founding partner was invited onto The Property Geek's ( podcast to discuss how peer to peer platforms can be used as a valuable source of finance for a huge range of property projects. The podcast looks at the following:

You’ve probably heard of peer-to-peer (or P2P) finance, and you might be aware of the bigger platforms like Zopa and Funding Circle. But you might not have thought to turn to peer-to-peer for your property project – or be aware of how many different options there are.
In this episode I speak to James Wallis from Aben Financial – a commercial finance advisor with a particularly deep knowledge of the peer-to-peer sector.
Listen to this week’s show and learn:
What the P2P sector looks like
Who should consider using it, and for which types of project
The three main advantages compared to bank financing
The range of costs you’re likely to pay
The risks to be aware of
How to choose the right platform for your project
How to maximise your chances of getting funded by presenting your project in the right way
Where to get started if you’re interested in using P2P

Listen to the episode in full here:
Property prices in England and Wales continue to rise with an annual year-on-year increase of 6.2 per cent in January according to the latest figures from the Office for National Statistics (ONS).House values rose by 0.8 per cent month to month from December, to continue an upward path despite uncertainty surrounding Brexit.

England fared best with an annual rise of 6.5 per cent, taking the average property price to £234,794 according to the ONS research. Despite doom and gloom predictions in the run up to the EU referendum, Brexit uncertainty continues to be ignored by the property market as prices continue to rise regardless of the imminent start of the exit process.

CEO of haart estate agents, Paul Smith, commented: ‘With only a week to go until Article 50 is triggered – house prices remain indestructible as the average person is paying £13,000 more to own a home than the same time last year, reflecting the health and buoyancy of the UK economy seen in the last few months.’

Property price growth is slightly below the 7.4 per cent seen in 2016, and with inflation moving past the Bank of England target rate of 2 per cent this week, buyers may become more conservative. But the shortage of available property in the UK compared to demand should strongly underpin the market.

At Aben Financial we specialise in property developers access the right finance and have access to over 270 lenders – ranging from high street banks, peer-to-peer lenders, challenger banks, private funds and more. We’ll expertly and honestly guide you through the process from initial enquiry to funding. Contact us at or 01202 800 100.

Article source :

Brexit and its impact (positive or negative) and the associated uncertainty continues to dominate the headlines. However, owners of SMEs continue to face the day-to-day challenges and opportunities presented by running a business. A recent survey conducted by the Entrepreneurs’ Forum, highlighted that entrepreneurs regard access to cash flow as the most significant barrier to growth going forwards. More than 25% cited it as the main barrier to growth – compared to only 5% citing concerns about Brexit.

Whilst the supply side of the financial sector is evolving rapidly to fill this shortfall in need from the vitally important SME sector – the lender landscape is more complex than it has ever been – with niche players competing alongside high street brands. This makes navigating the market for small business very difficult.

At Aben Financial we specialise in helping SMEs access the right finance and have access to over 270 lenders – ranging from high street banks, peer-to-peer lenders, challenger banks, private funds and more. We’ll expertly and honestly guide you through the process from initial enquiry to funding. Contact us at or 01202 800 100.

Further details on the article can be found out at:
It’s perhaps not surprising to learn that SME lending has been in decline since 2013 – falling 12% from Q3 2013 to Q4 2015 across the 10 largest cities in the UK. The CEBR believes the has been decline driven by a combination of tougher lending criteria from the banks and as some firms have reduced their investment plans as a result of an uncertain economic environment.

However - with all the noise surrounding the run-up to the referendum and its end result – it’s perhaps surprising to discover that latest quarterly figures from the British Bankers’ Association suggest a rise on SME lending over the previous year.

In addition – perhaps as a consequence of more robust than expected economic performance, ongoing low interest rate and low unemployment a recent survey revealed 58% of SME owners were more positive about the prospect of raising finance in the next 12 months. Whilst some of the traditional lenders continue to be somewhat restrictive the rapidly evolving alternative lending community are certainty improving the borrower conditions for

More details can be found at: