Merchant Money

Merchant Money
Quotes
Share:
Subscribe:

Quotes

The vast majority of money lent in the first quarter of this year went to the large, top 4% of companies in the UK and there was a clear reluctance to lend to small companies. Merchant Money has been established and is expanding to help fill this void

Jan Stefanowicz, CEO Merchant Money

We launched our business (without a contact centre) because we believe there is strong demand for access to quick and flexible finance with a personal service where the lender has a genuine interest in the business, people and growth plan

Jan Stefanowicz, CEO Merchant Money

Unfortunately, some 40% of small businesses that are turned down for a loan by their Bank do not look further and shelve their plans. Traditional funding sources should be clear about their approach to small businesses - and if they aren't willing to lend, then they should make sure they are aware of the 'alternative lending' solutions that are available

Jan Stefanowicz, CEO Merchant Money

Pick a time period -

Tags ( Active)

All Regulatory Non-Regulatory

Merchant Money fills void left by traditional banks

Wed, May 14, 2014 12:34 CET

· Traditional Banks hampering economic recovery - continuing reluctance to lend to SMEs · Merchant Money established as new alternative lender meeting strong demand for quick and flexible finance · Sustained economic growth depends upon supporting SME development plans · Merchant Money making SMEs aware of alternative lending options at The Business Show 2014, ExCel London May 15-16Traditional Banks are hampering the economic recovery while at the same time creating opportunities for a new breed of lender to champion the cause of UK's SMEs. Merchant Money

There are no items matching the current filter

There are no more items matching the current filter

Share

Quotes

Merchant Money fills void left by traditional banks