With a reported £34bn economic opportunity waiting to be unlocked from Britain’s SMEs by 2021, Barclays has launched a mobile business lending service capable of providing instant loans to businesses.
Though almost a third of British SMEs are reportedly not planning on applying for a loan despite acknowledging it would boost their business, new research from Barclays found that 64% of SMEs’ turnover would increase if they successfully secured the right loan, which could generate nearly 200,000 new jobs for Britain over the next four…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login