SMEs show growing confidence with optimistic outlook for the remainder of 2024.
The outlook for SMEs is brighter than it has been in recent years. Earlier this summer, we reached out to you—our valued customers—to gauge your confidence in the year ahead. In our survey, 72% of respondents shared that they felt the same or more confident about their business prospects for 2024, which is encouraging as we look toward the future.
This positive sentiment is echoed in a recent study by Shawbrook Bank, which found that nearly 9 in 10 SMEs (86%) report feeling more confident about their business prospects, with 27% stating they feel extremely confident. Only 4% of businesses admitted to feeling uncertain about the future.
So, let’s brighten your path ahead…
At First Capital Finance, we’re experiencing this renewed confidence firsthand. We’ve seen a steady increase in demand for funding, as businesses begin to consider growth plans that may have been on hold. With the right funding solutions in place, SMEs can bring their plans to fruition sooner than originally thought.
Do you have growth plans that have been on hold? Let us help you find the finance you need to move forward.
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