Capify: Unveils dedicated £40m fund to help SMEs meet finance challenges
- Capify, the specialist SME lender, has this month launched a £40m fund for UK smaller businesses
- The fund has been specially created in response to real and growing concerns about access to finance
- Q1 2022 Confidence Survey, just under 60% of SME owners are now worried about the impact of rising costs
- The survey, which featured the insights of 260 SME owners from a range of regions and industries
- Forty-seven percent of respondents identify these working capital and cash flow struggles
- The new fund aims to alleviate some of the potentially crippling cash crunch crisis and provide a much needed lifeline
