CCR Magazine

You are here  :Home arrow News arrow COMMENT: HSBC commits £10 billion to SME lending, but will this work for all small businesses?
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


COMMENT: HSBC commits £10 billion to SME lending, but will this work for all small businesses? PDF Print E-mail
Tuesday, 19 April 2016
Aamar Aslam, CEO of Funding Invoice, comments on the £10bn SME loan chest set up by HSBC:   “With a potential Brexit currently creating a great deal of uncertainty for small businesses, it’s welcome news that HSBC is committing to such a large fund for small and medium size businesses (SMEs) in the UK. The number of SMEs is continuing to grow year-on-year, so this fund will be an important resource for organisations that are looking to grow.

"However, even though banks are stepping up their lending to small businesses, such loans won’t be suitable for all. Some businesses may find themselves outside of the standard eligibility criteria and therefore turned away by the big lenders.

"With alternative finance continuing to grow in popularity, there are a now multitude of options available to SMEs that are looking for funding, so businesses must ensure they explore all possible avenues in order to find the solution that is best suited to their individual needs.”

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197