Close Brothers bank is reporting via the London Evening Standard that demand for loans is on the up from small and medium sized businesses.
“This is the first time that small and medium sized business loans have risen in demand since 2008 before recession hit.”
The demand shows that not only are small and medium sized businesses feeling more confident about their abilities to grow but that banks are also feeling confident about granting them the finance they need. Access to loans is now much easier if you are a small or medium sized enterprise.
If small and medium sized businesses are in need of growth finance, now is the time to approach. The market is feeling good about small and medium business potential this year.