Financing business

Lack of funding holds back 1 in 4 SMEs

Missed opportunities cost businesses £78,942 a year.

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Late payments affect half of businesses

Around 1 in 4 SME owners report ‘grossly unfair’ payment practices.

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48% of SMEs rely on unprotected loans

SME owners use loans and savings in Q4 2017.

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18% of payments to SMEs are late

Late payments impact productivity for UK businesses.

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Late payments continue to hit SMEs

3 in 4 businesses call for legislation to counteract late payments.

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SMEs seek accountants’ funding advice

Accountants prove most popular when it comes to financial guidance.

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Extra financial support for exporters

UK Export Finance has joined 5 of the biggest high street banks to speed up the delivery of financial support to small business exporters.

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