Financing business

Businesses raise £1.7bn net finance in May

SME lending growth increases 0.4% in 12 months.

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Self-employed face high levels of debt

1 in 4 have debts of more than £30,000.

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85% SMEs achieve funding boost

Uncertainty ‘holds SMEs back’ more than access to finance.

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New laws to boost SME access to invoice finance

Proposed laws to give small firms a ‘level playing field’.

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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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