Financing business

Self-employed face high levels of debt

1 in 4 have debts of more than £30,000.

85% SMEs achieve funding boost

Uncertainty ‘holds SMEs back’ more than access to finance.

New laws to boost SME access to invoice finance

Proposed laws to give small firms a ‘level playing field’.

How to improve your business’ cashflow

Keep the cash flowing over the summer.

Self-employed workers owed up to £60,000 by clients

Late payments affect 43% of the self-employed.

SMEs call for more government support

36% are unaware of existing services.

Lack of funding holds back 1 in 4 SMEs

Missed opportunities cost businesses £78,942 a year.

Late payments affect half of businesses

Around 1 in 4 SME owners report ‘grossly unfair’ payment practices.

48% of SMEs rely on unprotected loans

SME owners use loans and savings in Q4 2017.

18% of payments to SMEs are late

Late payments impact productivity for UK businesses.

Syndicate content