Small business growth ‘held back as banks lend less’.
A report in the Daily Telegraph this week underlines a problem that many small or medium sized business owners are facing – despite an upturn in economic fortunes – banks remain reluctant to allow ‘financial footpaths’ to grow for some companies.
Recent government analysis on bank lending to SMEs found that the size of a firm is a major factor in a loan or overdraft application being rejected – smaller firms are more frequently rejected by banks.
With this issue in mind, Stone Rowe Brewer will be hosting the latest in a series of free seminars on Thursday 14th August – with the focus aimed at established small and medium sized businesses looking for expert advice on Succession Planning, Raising Finance and Acquisitions.
Stone Rowe Brewer Partner, John Andrews, will be joined on the evening by two Directors from Sunningdale Corporate Finance Limited, a company with extensive experience working for SMEs – they will be sharing tips on getting the right advisor, succession planning and making the best use of the EIS scheme.
John’s presentation will be centred on the various options for raising finance and how it can be structured, getting your business fit for sale and structuring the sale.
The free to attend seminar will take place at The Crown public house, St Margaret’s, on Thursday 14th August between 6.30pm and 8pm.
SRB’s previous seminars have proved very popular and we are expecting a full attendee list for this limited space event, so if you wish to attend please e-mail firstname.lastname@example.org
Please note that this seminar is aimed at SME owners thinking about sale, investment or expansion.