Confidence among Britain's small and medium-sized firms (SMEs) about the chance of successfully applying for bank financing improved in the final quarter of 2012, according to the SME Finance Monitor released today.
The report covering the fourth quarter of 2012 showed that, of those businesses planning to apply for finance, 43% of prospective applicants were confident the bank would agree to their request, up from 33% in Q3 2012. This improvement follows a series of declining confidence scores over recent quarters. “It’s good news for growth that…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
