At the end of 2014, there were 5.2 million businesses in the UK, of which SMEs accounted for 99%. According to statistics published by the Bank of England (BoE), cumulative lending to SMEs (measured every quarter against the same period from the previous year) between April 2012 and February 2015 has dropped by 111.3% for businesses with a turnover of below £25 million and by 150.6% for businesses with the turnover of over £25 million.
UK businesses continue to be starved of funding, creating an increased demand for short-to-medium-term credit facilities. Statistics from the BoE show that cumulatively between January 2012 and February 2015, net loans to UK businesses have dropped by £29.5 billion. However, over the same period BoE statistics show that demand has risen by 79.2%. In addition the National Audit Office has predicted that by 2017, the gap between the amount of funding available to UK businesses and the amount of funding required by UK businesses will hit £22 billion.
Our bonds aim to provide complete transparency so our clients are fully informed about why the bond was created, what our business model involves and most importantly for you; what our clients receive from their investment. Should you have any questions about our bond we are always happy to take a call or answer your messages. Please visit our Contact Us page if you require more information.