Lending to small businesses hits an all time-low
Problem
The latest Bank of England figures show the annual growth rate of lending to SMEs at a record low, with many lenders pulling up the drawbridge for small firms. This is becoming a regular theme from clients across all industries. Over 60% of small businesses still rely on traditional bank overdraft or loan products with approvals at an all-time low.
Solution
- We have an extensive panel of funders at your disposal, no need to tie up your traditional bank facilities
- We have the experience to secure alternative sources of business funding
- If you are looking to manage cash flow, update equipment, expand your business, fund vat or need to recruit we can help
- Don’t assume a decline from your bank is the end of the road

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