New research: half of small businesses turn away growth opportunities due to finances

Industry News | 27/03/19

55% of SMEs have had to turn away growth opportunities because of a bad financial situation, according to new research released today by Nucleus Commercial Finance. With the data also showing that 29% of UK SMEs currently want to grow, but aren’t able to, a clear picture is emerging of businesses being held back.

Chirag Shah, CEO of Nucleus Commercial Finance comments, “No business should have to turn away from being able to maximise on the growth opportunities available to them. Supporting UK SMEs in delivering growth and achieving their ambitions is essential to driving our economy forward and providing job opportunities.”

Source: Credit Connect