SME Lending, Who’s Borrowing, Late Payment & Business Confidence – Business Finance Bulletin Epsd 111
In this episode of the Business Finance Bulletin a look at the latest statistics from the Bank of England which reveals the current level of borrowing by UK SMEs.
Also a review of the key findings from the recent SME Finance Monitor Report which includes how many businesses are using external sources of finance, the type of SMEs accessing such finance and the number of businesses who are not borrowing at all.
Marketinvoice, the online invoice discounter, has taken a look at late payment experiences across 80 countries and the results indicate that we have a lot of work to do in the UK to speed up payment.
Are you planning to grow or change your business within the next three months? That’s the question posed to 1,021 businesses by Hitachi Capital as part of its regular British Business Barometer Report and the answer reveals that SMEs are now more cautious than before.
And in the Business Finance Tip of the Week a signpost to a recently posted video which shows you how to calculate and use the Creditor Payment Ratio.