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New research from iwoca reveals big ticket loans are set to see increased interest from small and medium-sized enterprises (SMEs), as growth ambitions resurface.
According to iwoca, usage of social media influencers by SMEs is on the rise, with 13% endorsing this approach. Most found it had a positive business impact. TikTok usage also tripled among SMEs since 2021, particularly for those under 44. Businesses cited concerns about representation authenticity and high costs when considering influencers.
iwoca announces a partnership with business account provider Countingup to make business finance available to almost 10,000 of Countingup's users at the touch of a button.
SME anxieties regarding a potential recession have eased by a third (32%) since Q4 2022, though inflation concerns remain.
Small business optimism returns in 2024, as half of SMEs anticipate growth this year, according to new research from iwoca – one of Europe’s largest small business lenders.
With Christmas around the corner, small and medium-sized businesses across the UK are hoping for a much-needed surge in customer spending. Research from iwoca reveals that more than two in five (44%) SME owners expect to generate over a quarter of their revenue during the festive period.