UK SMEs shun mainstream banks

A recent government-backed survey has found SME borrowers are dissatisfied with their banking partners, while another report suggests many are declining to access external financing altogether. The finds come as the UK Government considers a law that would compel banks which decline loan applications to refer the potential borrower to private debt funds.

PRIVATE CREDIT

Register to unlock this content

• Daily global private credit news and market intelligence
• Expertly curated insights that keep you ahead of the market
• Faster, data-driven decision making powered by our AI interface, 'Ask PEI'
• Access to proprietary research and reports
• Selected fund performance and investor activity data

Register nowFind out more

EuropeResearch & DataOpinion