News
SMEs feedback on financial issues
A recent report has asked SMEs from a variety of sectors across the UK about their feelings on a number of financial issues.
27% of businesses surveyed in the last quarter of 2012 said that the main barrier to growth was a lack of adequate funding.
Cash flow problems such as bad debt and late payments were the most pressing business concern for a fifth of UK SMEs.
Almost half of respondents said they would consider using invoice finance as a means to alleviating cash flow issues but almost 30% said that while they would consider it, they didn’t feel well enough informed to do so at this point.