• 04 Mar

    Cost of Business Finance Rises

    86% of SMEs (Small and Medium Sized Businesses) that we spoke to said that they thought that the cost of business finance had increased over the last year.

    The remaining 14% thought that costs had stayed the same - interestingly noone thought that the cost of business finance had decreased.

    Despite this our free search service for invoice finance quotations has continued to be able to cut the cost of business finance for the majority of the businesses that we have spoken to. It may be that costs generally have risen but there are still finance companies that will agressively compete on rates.

    By Glenn Blackman

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pennyfreedom
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