“Today’s figures paint a positive picture for UK SMEs, the lifeblood of the UK economy. The number of companies entering administration has reached its lowest level since 2005 and corporate insolvencies are down across the board, which is great news for British businesses.
“At Aldermore we have seen increasing demand for invoice finance over the last 12 months as they prepare to take advantage of growth opportunities. We are delighted to have played a part in helping UK SMEs recover, and remain committed to supporting them in the years to come as the economy continues to grow.”
For further information, journalists can contact:
Nicola York, Cicero Group
Phone: 020 7297 5965
Mobile: 07841 864 107
Notes to Editors page.