Only 40% of SMEs are able to secure funding from their chosen lender, while less than 14% are able to raise enough funding to support their investment plans.
Adrian Sainsbury, banking division managing director at Close Brothers highlighted that “SMEs need access to the right finance and support to invest in training staff or adopting new technologies so increasing awareness of financial options is crucial.
“Bespoke funding solutions which align to specific needs and growth plans are always preferable to a one-size-fits-all approach.”
At Liquidity Club, we work with SMEs to find an appropriate funder for the business including its aspirations and growth plans. Our approach is different in that we tailor solutions based on market knowledge, rather than only working with off-the-shelf products. Contact us if your business has a funding requirement, or plans for growth.
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