CCR Magazine

You are here  :Home arrow News arrow Autumn Statement - SME funding is vital for the UK economy, so must be a priority
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Autumn Statement - SME funding is vital for the UK economy, so must be a priority PDF Print E-mail
Thursday, 24 November 2016
John Nelson, Managing Director - Asset Based Lending at Independent Growth Finance, comments on the recognition of the value of SMEs to the UK economy, as outlined in the Autumn Statement 2016:   “£400m injected into venture capital funds via the British Business Bank is great news for SMEs. Philip Hammond’s argument that start-ups need access to funding and resources to grow is correct - but it is important to remember that each business is different, and therefore their financing requirements are likely to be different in turn.

“SMEs form the heartbeat of the UK economy and as such, their funding needs must be a priority. The Bank Referral Scheme is undoubtedly a step forward in recognising the value of alternative financiers lending to SMEs, but more must be done to make small businesses aware of the options available to them. As not all start-ups and small businesses will be eligible for the funding opportunities laid out in this year’s Autumn Statement, business owners must consider alternative finance streams in the new year.”
 

 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

subscriptions

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
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197