Announcements, updates, releases and more.For media enquiries contact Mark Di-Toro:
iwoca, one of Europe’s largest SME lenders, announces access to a £500,000 fund to help small businesses and employees build skills in artificial intelligence (AI) and data analytics.
iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.
Nearly half (49%) of small businesses say they have not benefited from falling inflation this year, according to a new poll commissioned by iwoca — one of Europe’s largest SME lenders.
A new economic report reveals that over twice as many B2B suppliers now offer 60-day payment terms compared to 2020, with eight in 10 adjusting terms to secure customers, increasing risk for sellers. Nearly half of UK suppliers are owed over £10,000, and many lack confidence in assessing customer creditworthiness, with only 58% conducting credit checks.
The latest iwoca SME Expert Index reveals a surge in optimism among SME finance brokers, with 73% feeling positive about the future of small businesses. Despite the economic challenges, recession fears are at a record low, although political uncertainty remains a concern, with mixed opinions on the new Labour Government’s impact on SMEs.
