New research exposes major disconnect between banks and SMEs re securing finance
The lack of understanding that banks and small to medium sized enterprises (SMEs) have about each other’s needs and processes has been highlighted by a new research report commissioned by top 20 chartered accountancy firm Kingston Smith LLP.
The research, conducted by the Business Schools of the Universities of Surrey and Greenwich, is titled Bank finance – lost in translation, as it reveals a number of key misunderstandings between banks and SMEs that can act as barriers to SME lending.
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