Commenting on today’s Federation of Small Businesses’ Voice of Small Business Index
Carl D’Ammassa, Group Managing Director – Business Finance, at Aldermore, said:
“Although economic uncertainty is clearly weighing on businesses’ confidence, they are performing strongly and an increasing number of SMEs are aspiring to grow over the next 12 months, which paints a positive picture for the future.
“Access to finance is a key factor in supporting business growth, so it is encouraging to see that this has hit record levels. We are seeing increasing demand for funding from UK businesses. The SMEs we are speaking to have their heads down and are focusing on driving their businesses forwards.”
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Notes to Editors:
Aldermore Group PLC is a specialist lender and savings bank offering straightforward products to Small and Medium-sized Enterprises (SMEs), homeowners, landlords and individuals, who we believe are often poorly- or under-served by the wider market.
Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its network of regional offices located around the UK.
Building on its core values of being reliable, expert, dynamic and straightforward, Aldermore aims to deliver banking as it should be.
Established in 2009, Aldermore has grown significantly. At the end of June 2016, lending to customers stood at £6.8 billion and customer deposits totalled £6.5 billion.
Aldermore Bank PLC is an operating entity of Aldermore Group PLC. In March 2015, Aldermore Group PLC’s shares (ALD.L) listed on the Main Market of the London Stock Exchange.
Aldermore Bank PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme.