Banks to refer SME loan applications to alternative finance providers

According to a report by the Times, in the next three months the Treasury is planning to implement a scheme forcing high street banks to refer small business loan applications that they reject to alternative finance platforms.

Whether you’re a start up or a well-established business, cash is king and managing its flow is crucial to your long-term success.  With traditional funders not lending as readily as previously experienced, alternative methods to source working capital finance to fund start up and growth is becoming increasingly popular.

Our partner business, BM Structured Finance, has strong relationships with a number of providers and they will work together to tailor the facility to best suit your individual business requirements. Contact Simon Belton of BM Structured Finance to find out more about the various funding options available to you to release cash flow from the assets of your business.