Innovative lending is key for small firms, says CBI

By DOMNIC JEFF
Published 20th May 2013, 01:00 BST
The CBI is launching a guide to alternative finance as it calls on small and medium-sized enterprises (SMEs) to consider the full range of options available to help them grow.

The business organisation said firms should consider using asset-based lending, equity investment or peer-to-peer lending, among other options.

The group highlighted research showing that high-growth medium-sized businesses could be worth up to an additional £20 billion to the economy by 2020.

Hide Ad
Hide Ad