confidential factoring

Time to Fill the Funding Gap

Time to Fill the Funding Gap

For a small or medium sized enterprise to survive, funding is essential.  New start-ups need the capital to first establish themselves, whereas those further down the line may need income to stabilise the business or to grow and expand into new markets. Many look to the banks to provide this funding however, in the current economic climate, many banks are not providing lenders with the capital they need to make a success of their venture.  For example, in the second half of 2011, more than 60,000 loan and overdraft applications from small and meduim enterprises worth as much as £3bn were rejected by the high street banks. Alternative forms of finance If small and meduim enterprises are struggling to secure finance from traditional lenders, it follows that in order for them to survive they ... »