Small businesses continue to require finance for growth but obtaining it from high street banks remains difficult. Finance providers that can be flexible and efficiently provide cash to these businesses will be able to grow.
Lenders need to ensure that the quality of the loan book is high and bad debts are kept low. Technology investment helps with this problem. An improving economic outlook will help to improve confidence in business expansion investment.
Small business finance provider Time Finance (LON: TIME) has spent the past few years getting itself into a position where it has in...
