• 02 Aug

    Cash Crunch - Only 7% Of SME Businesses Face A Lack Of Credit

    Contrary to popular opinion, our recent research survey found that only 7% of SME businesses questioned stated that a "lack of credit" was the biggest issue facing their business over the next year i.e. an inability to get credit from suppliers and/or financiers.

    71% were concerned with cash or cash flow related issues and 22% were concerned about the lack of sales, but lack of credit was far less apparent as an issue than we expected - particularly bearing in mind all the recent talk about the "credit crunch".

    Based on our research, the key issue over the next year would seem to be the "cash crunch"!

    By Glenn Blackman

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igf
ultimate finance group
nucleus
pulse cashflow finance
time finance
closebrothersinvoicefinance