Is appetite amongst small businesses to borrow money on the wane? According to the latest SME Finance Monitor Report this is the case. We take a look at how more business owners are opting out of taking on debt in favour of pursuing a ‘slow growth or no growth’ strategy.
On a more positive note, we share news from the Finance and Leasing Association that its members are reporting record volumes in financing plant and machinery, and business equipment. Asset Finance as a source of funding is continuing to win over small businesses.
To close the Bulletin, we look at a new fund launched by the British Business Bank. The North West Business Growth has been designed to assist growing businesses in the North West in accessing loan finance.