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More than three-quarters (76%) of business finance specialists say the Government’s policies have had a negative impact on the UK’s 5.5m small and medium-sized enterprises (SMEs), with the situation predicted to worsen at the Budget.
With Christmas around the corner, small and medium-sized businesses across the UK are hoping for a much-needed surge in customer spending. Research from iwoca reveals that more than two in five (44%) SME owners expect to generate over a quarter of their revenue during the festive period.
As the Chancellor prepares to deliver a package of economic measures in the upcoming Autumn Statement, new data from small business lender iwoca reveals that tax cuts are the top priority for SMEs.
Our latest SME Expert Index results show that 83% of brokers believe high street banks are reducing their appetite to fund SMEs. Read our press release to find out more.
iwoca secures £200M funding from Barclays & Värde, bridging the SME finance gap with flexible solutions for diverse sectors.