End of COVID support drives focus on external funding - report
An inflationary period provides a great way for brokers to step in and assist SMEs by seeking funds from non-banks
But sales forecasts a mixed bag, ScotPac says
SMEs needing access to cash flow are being encouraged to consider invoice finance, especially as supply chain shortages and labour costs continue to bite
Small business seek out lenders, brokers
Small portion still undecided
Partnership aims to set up qualification framework
With changing regulations and the peaks and troughs of the loan market, brokers can protect their revenue stream by diversifying their lending solutions
Only 3.3% of SMEs named their broker as their main trusted adviser, but this doesn't mean they aren’t highly valued
The SME lender aims to compete on "time to yes" within a targeted market segment
