YO U R B U S I N E S S _ P R O M OT I O N An alternative approach to funding The UK's banks are still reluctant to lend money to SMEs, but there are other finance sources you can use to make your growing business a success T en years on from the financial crisis, too many UK SMEs are still not getting the funding they require from the banks. The problem is particularly acute for growth SMEs, who don't have the large amounts of assets against which the banks are more willing to lend. As a result, many SMEs aren't investing in their growth or are delaying investment until such time as they can fund it themselves. The wider knockon effect is that the UK's productivity and growth are being held back. Different source of funding The solution lies in finding different ways to fund SMEs using capital from sources other than banks. Non-bank capital has already started to flow to SMEs via peer-to-peer business lending platforms. Funding Circle is the largesthttps://www.thincats.com/