The Small Business Enterprise and Employment Act (SBA) received Royal Assent on March 26 and introduces wide-reaching measures, designed to open up opportunities for SMEs. Nicole Livesey, a partner at Pinsent Masons LLP, explores one of the key aims of the new legislation – improved access to finance – and how some of the corresponding provisions will impact UK manufacturers, going forward.
Nicole Livesey, partner, Pinsent Masons LLP. Speedier payments, improved links with alternative lenders and increased transparency – just a few of the ways in which UK SMEs should experience better access to finance under the SBA. But while the provisions are driven towards smaller and medium sized businesses, their extensiveness inevitably…
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