business failures

One in ten SMEs fold after funding access struggle

3rd November 2023 Commercial Credit Management | #business failures

One in ten SMEs that have struggled to access funding eventually folded according to research from Shawbrook. The research found that three quarters (72%) had experienced difficulties accessing funding. While one in ten of this group eventually saw their business fold, funding challenges caused other obstacles for a much broader range of SMEs. 29% of…

Business failures predicted to spike at 33%

8th October 2021 Commercial Collections and Recoveries | #business failures #uk insolvencies

UK business insolvencies are set to rise 33% on pre-pandemic levels, according to new economic research by trade credit insurer Atradius. Contrary to initial expectations, the new Insolvency Forecast reports UK business insolvencies declined 27% in 2020 as a result of fiscal support schemes and anti-bankruptcy measures. As these measures continued in 2021, buffering businesses from…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

business failures

One in ten SMEs fold after funding access struggle

Business failures predicted to spike at 33%

Login