A new survey by alternative lender Capify has found most SME business owners are concerned about cashflow and cash reserves, with over half lacking confidence in existing banking partners to meet future borrowing needs. However, the survey also points to resilience and optimism in UK SMEs, with 60% expecting turnover and headcount growth in the next 12 months.
A growing number of business owners are being kept awake at night by worries over cash flow. A Q1 2022 Confidence Survey released by small business lender Capify, finds 37% of SMEs have cited cash flow as a major concern (up 14pp from 23% in Q4 2021). Whilst a further 13% were concerned specifically about…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
