Raising finance is one of the big concerns for businesses, particularly SMEs, who often face investment barriers, but there are alternative finance options, explains Dominic Buch, co-founder and managing partner, Caple
Access to finance remains one of the biggest challenges facing the UK’s small and medium-sized businesses (SMEs). But alternative financiers are stepping in to plug the funding gap with new ways of providing capital.
A Federation of Small Businesses (FSB) report shows that only one in seven SMEs are applying for external finance. It also notes that a lack of awareness of alternative finance is putting a break on growth. That is hardly surprising as the market is changing rapidly.
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