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Commercial Credit News
|RateSetter comments on the Autumn Statement|
|Thursday, 24 November 2016|
Commenting on today’s Autumn Statement, Paul Marston, Managing Director for Commercial Finance at peer-to-peer lending platform RateSetter, commented: “We welcome the efforts announced in today’s Autumn Statement to boost funding options for SMEs and startups looking to scale up and become more productive.”
“Yes, providing funding is important, but it’s also key to ensure that it is done in a way that suits firms – for example, businesses don’t want to wait around forever for a loan and want to speak to a real person, which is why we typically provide funds within two weeks and have invested in a team of relationship managers around the UK.”
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