WHAT COULD THE GENERAL ELECTION MEAN FOR SMALL BUSINESSES?



May 2rd, 2024.



What does it mean for small businesses and what do they want to see? Small Business hears from the experts.

Cashflow and funding

Easily the biggest issue for small business owners, they’ll be looking at what each of the parties is saying around funding and cashflow.

Mike Randall, CEO of Simply Asset Finance, said: “The ‘Growth Guarantee Scheme’ announced in the Chancellor’s budget in March was a positive move as the Recovery Loan Scheme (RLS) had already served a valuable purpose, giving SMEs access to a record £5.3bn to date. However, with the new scheme only lasting until March 2026, businesses will once again be on a time-limit for support.....


For the full story at smallbusiness.co.uk CLICK HERE.
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