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Why is SME funding accessibility determined by UK location?

The main reason for the geographical disparity is the fact that most businesses’ fundraising is asset-backed. In other words, the scale of the assets a business has available is dependent on how prosperous it has been.  “As we know, the economic inequalities in how prosperous businesses are determines how much free assets you’ve got available…
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Getting your finances back on track with the Recovery Loan Scheme

The Recovery Loan Scheme is a new government loan scheme that will replace the now closed Coronavirus Business Interruption Loan Scheme (CBILS) and Bounce Back Loan Scheme (BBLS). Recovery Loans Scheme (RLS) allows qualifying businesses to borrow up to £10 million – either as term loans, overdrafts, invoice finance or asset finance.   Recovery Loans…
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