Private debt investors increasingly financing SME growth


A new report from British Business Bank shows that private debt has become a valuable source of finance for SMEs across the UK since the financial crisis of 13 years ago, with CEO Catherine Lewis La Torre noting: “In a relatively short period of time, private debt has established a position as a viable type of funding for the UK’s smaller businesses at different stages of development. As the focus shifts from stabilisation to economic recovery, supporting business growth will be a fundamental driver of a thriving post-COVID-19 UK economy.” She went on: “Ensuring that businesses can access the funding best suited to their needs will be vitally important in the coming years and private debt has an important role to play.”


Read more: Fintech Times


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