Who’s Getting Finance, Use of FinTech and Consumer Debt Concerns – BFB Epsd 184
We open our Bulletin with our concluding review of the latest SME Finance Monitor report. How many businesses are really getting a ‘yes’ from their bank? That’s one question the report answers and the reply may cause many businesses to re-think their approach.
Have you heard the term FinTech? If not, you may be surprised to find out that you are one of the majority of businesses which are managing their finances via a FinTech-related application. We look at a recent survey from online Invoice Discounting provider MarketInvoice which reveals how business owners are benefiting from new technology.
There are emerging concerns that an ongoing increase in the size of consumer debt could have a knock-on effect on banks. But if debt is getting out of control, how could it affect businesses?
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