The epic business loan battle: SMEs fighting for finance
Whether it’s a short-term loan to cover the purchase of new equipment or a longer-term arrangement to help expand into new markets, businesses, both small and large, need cash. But following the financial crisis, lenders remain nervous, which has left SMEs with limited options for financing, and even for those fortunate enough to be accepted by a traditional bank many hoops to jump through.
Accessing business finance is a battle which defeats large numbers of those SMEs willing to take up position on the front line. Our white paper, ‘The epic business loan battle: SMEs fighting for finance’ explores the challenges faced by SMEs in the current landscape.