Baker Tilly Report on UK SMEs

By AltFi on Thursday 9 January 2014

Alternative Lending

Baker Tilly have released a comprehensive report on the outlook for SMEs in the UK for 2014. 

Ian Pearson, a non-executive director at CrowdBnk, said:

“The report by Baker Tilly is particularly interesting and I welcome such a comprehensive analysis of SME confidence in the UK. More UK SMEs need to think of Europe as their home market and while the Eurozone has its problems, there still remains enormous opportunities for ambitious SME's in the European Single Market."

“There is a major shortage of growth finance to support SME expansion plans in this country. Crowdfunding is increasingly becoming an important way of channelling funding to these sort of companies and at CrowdBnk in particular we are help drive growth in the SME and entrepreneur sector.”

You can read the full report here: 

http://www.bakertilly.co.uk/publications/Pages/Your-Outlook-for-2014.aspx

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