For the third year in a row, the amount of money being lent to small and medium-sized enterprises has increased, with the total amount being lent approaching £9 billion. These figures have come out of the National Association of Commercial Finance Brokers, or NACFB. Adam Tyler, the Chief Executive of the organisation, has recently commented, […]
Tag: loans for SMEs
The loans market for SME’s
The small-business sector in the UK has been struggling recently because of the lack of loans available for them meaning they are unable to grow their businesses as quickly as would be possible if they were provided financing. Loans are often very useful for small companies as they allow them to employ new staff, and […]
SMEs finding it ever more difficult to secure borrowing
As economic conditions tighten, small and medium size businesses are finding it harder to borrow money. Where credit facilities are available, rates are becoming more expensive and lending is being reviewed. To make matters worse, the restrictions come at a time where faster economic growth would be a boost to the economy. The latest Summary […]