That is according to a YouGov poll of more than 500 senior SME decision makers carried out on behalf of Zurich for its latest quarterly SME Risk Index.
As the surveyed showed, 24 per cent of small firms in IT and telecommunications are worried about the potential of closing down, as well as 37 per cent of construction companies.
Some 79 per cent of sampled SMEs admitted they were concerned about the current economic climate, with 82 per cent remaining unconvinced that fiscal conditions will improve in the next quarter.
With such a significant number of SMEs worried about finance and their ability to stay afloat in 2013, it may be time they look at their options and consider a number of financing solutions.
Invoice finance, for instance, can provide small businesses with the cash that is tied up in unpaid invoices so they do not have to suffer the consequences of late payments.
Aldermore will advance an agreed percentage of the outstanding ledger so SMEs benefit from quicker access to the funds they are owed.
There are two options to choose from: factoring and invoice discounting. Factoring sees the Bank chase payments for the company, while invoice discounting enables the business to manage their ledger so clients do not even know they are using this solution.
One of the key highlights of invoice finance is that Aldermore will provide up to 90 per cent of the value of approved invoices and will help reduce admin tasks by carrying out credit checks.
That could go a long way to helping SMEs feel more confident about the year ahead, with Richard Coleman, director of SME at Zurich, offering a tip to small firms worried about the next 12 months.
"What is clear from our Risk Index results is that a key factor in surviving and achieving growth is being able to strike a careful balance between taking necessary risks on the one hand, and then overcoming and preparing for risks on the other," he said.
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