SME funding easier to secure
Posted on 25 May 2016
Funding for SMEs easier to secure, say brokers
United Trust Bank’s latest broker sentiment poll reveals that 53% of brokers working in the asset finance sector believe it has become easier to secure funding for SMEs over the last year. Some 42% of brokers felt that there had been no change to the availability of funding for SMEs, whilst 5% felt it had become harder to secure the funding SMEs needed. Martin Nixon, head of asset finance at United Trust Bank, commented: “Despite the uncertainty surrounding the effect Brexit might have on UK businesses, there’s still considerable demand from SMEs for asset finance and plenty of appetite to lend from most funders”.
