There has been a six-month peak in the percentage of small businesses that need to secure funding or finance to move forward with their growth plans for early 2025 to 57%, up from 53% in spring 2024 according to new research by Novuna Business Finance. Following small business concerns over the hike in employer’s National…
Read moreWorking capital was the most in-demand funding choice for businesses in most sectors in the first half of 2024, according to analysis by business financial platform Funding Options by Tide. The research showed that working capital finance came out as the number one business enquiry for 11 out of the 16 business sectors analysed in…
Read moreA survey by online credit provider iwoca shows that SMEs believe big banks will further reduce funding for small businesses. The poll shows that nearly eight in ten brokers (77%) believe that high street banks are scaling back their willingness to fund small and medium-sized businesses, according to iwoca’s latest Q1 2024 SME Expert Index.…
Read moreA survey by invoice finance company Novuna Business Cash Flow has found that 34% of SMEs could cease trading if unable to secure funding. The figure contrasts sharply with the surprising revelation that 50% of SMEs have not sought any form of financial assistance since November 2023, despite the precarious position many find themselves in…
Read moreOne in three UK-based small and medium-sized enterprises (SMEs) who sought access to finance were denied in the last year, according to new research from Yolt, Europe’s rapidly accelerating smart payments and data enrichment platform. This resulted in an estimated £3.7bn lost in potential funding for UK SME’s. The research found that in the last…
Read moreFollowing two years of uncertainty and consecutive lockdowns, 61 per cent of business leaders said that they are seeking business finance to expand and hire in 2022. Furthermore, 63 per cent revealed that they already have plans to look for equity investment in their business during 2022 according to research by Capitalise. The report, titled…
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