SME demand for alternative finance on the rise, as high street banks continue to disappoint
02 Jun 2016
A recent survey shows that SMEs are becoming increasingly frustrated with high street banks over their perceived lack of support to the sector, with business owners turning their attention towards alternative finance. With 31 per cent of the survey respondents citing their "inability to secure finance terms with traditional lenders” as the key reason for lost deals or investment opportunities, alternative finance such as invoice finance, asset finance, property finance and crowdfunding are becoming increasingly popular.
Whilst demand for alternative finance is likely set to increase further in 2016, it is crucial that SME’s choose an adviser who can recommend the right financial products for their specific business needs.
Our partner business, BM Structured Finance, specialises in sourcing and restructuring debt finance for SME businesses. We match the most suitable products to each individual circumstance and work together to ensure compatibility and satisfaction, thereby enhancing the business’ cash flow liquidity and facilitating maximum growth.
For more information about how BM Structured Finance can help you and your business, contact Simon Belton on 020 7549 8003.