SME Lending

SMEs repay £5.3bn in first half of 2023

26th September 2023 Alternative Business Lending | #SME Lending

Analysis of the Bank of England’s data on SME lending shows that through the first half of 2023 SMEs saw net lending decrease by £5.3 billion. The research by Ebury has highlighted the urgency with which businesses are now making debt repayments in the aftermath of the various Covid-19 loan schemes and the rising cost…

FLA Members provided £132bn of new business in 2021

16th February 2022 Commercial Credit Management | #motor finance #SME Lending

New figures released by the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance markets provided £132 billion of new business in 2021, 15% higher than in 2020. Of this total, £20 billion went to SMEs and £47 billion was provided by non-bank lenders. Stephen Haddrill,…

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SME Lending

SMEs repay £5.3bn in first half of 2023

FLA Members provided £132bn of new business in 2021

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