Don’t invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Why are SMEs missing out on business finance?

The answer is simple, it is because not enough companies are aware of their finance options.

10th September 2014

According to a new study from Aviva, a third of 1500 companies did not know the term of alternative finance and were unaware of it being a viable option for funding their business. The awareness of alternative finance are low, particularly with sole traders, with 80% admitting they did not understand. To read more on the research, please visit http://www.aviva.com/media/news/item/whats-the-alternative-smes-miss-out-on-new-funding-options-17341/#.VAgaJ2VxV2M.twitter

The growth of businesses is essential for the British economy and with nearly a third of all SMEs raising funds for the second half of 2014 it is essential businesses do not miss out on funding. They need to be aware of alternative methods in order for them to grow. The Head of Small Businesses at Aviva, Robert Lodger has said “With the rise of alternative finance options and increasing media focus on schemes such as crowdfunding and peer-to-peer lending, it’s important for small businesses to understand that there are a variety of options open to them outside of traditional finance methods, designed to suit differing business needs.”

Related Posts

Conversations with Entrepreneurs

Conversations with Entrepreneurs

Posted: 7th February 2024

Meet Stuart Hewitt, Director of Trade Glaze

Meet Muneeb, our Head of Originations and Co-House Manager

Meet Muneeb, our Head of Originations and Co-House Manager

Posted: 12th October 2023

We have something special for our investors this week. We managed to bargain for a few minutes of ou...

The Shift From Debt Based To Equity Based Investing

The Shift From Debt Based To Equity Based Investing

Posted: 9th October 2009

In this article we examine the shift from debt based to equity based investing, and why this change...

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.

Top