One third of UK SMEs do not secure the funding that they need, according to the Genesis Initiative. Research showed that 46% of SMEs who applied for funding to their bank were declined and of that 46%, over half did not look any further for funding. We’ve put together some information on the differences between invoice finance, also known as receivables finance, and business loans.
To discuss the funding options available to your business. Please do not hesitate to contact us on 0161 280 4220 or lynnew@regencyfactors.com
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