Private Companies

: But as credit dried up – and to this day it remains largely unavailable to many businesses – equity funding has returned to the fore, according to The Independent. Research suggests there has been a sixfold increase in investment in fast-growing privately owned companies over the past five years. Entrepreneurs didn’t feel the need to dilute their ownership when the banks were prepared to fund them through credit, while many providers of equity found themselves unable to compete with the appeal of debt. The data, published by Beauhurst, reveals that just 73 private companies attracted equity funding totalling only £145m in the three months after the Coalition came to power in 2010. Read more: What will Britain financial future look like on 8 May Some of this increase will have been driven by the changing fortunes of the UK over the period. By contrast, funding hit £916m during the first three months of this year, with 276 companies attracting an injection of equity capital. (news.financializer.com). As reported in the news.