Micro-enterprises may well be small in the grand scheme of things, but their contribution to the UK economy is unescapable – with 95 per cent of all private sector businesses classified as micro-businesses (one to nine employees). Family run and small-staffed companies are a central part of the business landscape here in the UK, and act as inspiration to many.
Benefiting from Specialist Funding
Multi-tasking, resilient, flexible and determined, micro-business owners in 2014 are what’s great about trade and enterprise within the UK today. And with such tenacity and well-grounded work ethics, it’s really encouraging to see that our country’s home-grown business owners can benefit from specialist funding and finance.
Services such as Forward Finance can help small businesses to guarantee dependable cashflow, and bring about more security as a result. Micro-enterprises can use alternative forms of funding to release cash tied up in invoices, so that they can get back to doing what they do best – running their business.
You can read more about micro-Enterprises and find the results from our Livelihood businesses report online today.
If you’d like to find out more about alternative funding and Forward Finance, or if you have any questions about how either work, visit: www.bibbyfinancialservices.com or call 0800 91 95 92 today.
About the Author
Andrew Darling is a specialist in invoice discounting, factoring and trade finance solutions and has worked in financial services for over 35 years. He is currently Corporate Manager at Bibby Financial Services where he works with high-turnover businesses. Andrew has been with Bibby Financial Services for over 10 years and specialises in corporate finance for businesses with turnover of £5 million or more.