83 Per Cent of Agricultural SMEs Request Banks to Improve


Posted October 27, 2017 by JamieMartin

Surveys conducted by most of the Business Finance firms recently concluded that, four in every five, or 83 per cent, of SMEs performing in the farming sector have suggested ways in which banks could financially support them...

 
London, England – October 27th, 2017

Surveys conducted by most of the Business Finance firms recently concluded that, four in every five, or 83 per cent, of SMEs performing in the farming sector have suggested ways in which banks could financially support them and help them achieve the growth they aspire to achieve.
The findings of the research has enlightened everyone regarding the current relationship between SMEs and their respective banks and how it could be enhancedin a way that will help SMEs to grow their business.
The most concerning factor that SMEs face is regarding the banks not possessing specialist knowledge related to the agricultural sector. After cross checking with over 1000 SMEs from 15 different sectors over the past 18 months, the conclusion was that this was anissue faced bythe majority of the steadily growing proportion of SMEs in the agriculture sector.
31 per cent of the SMEs in the agriculture sector want their respective banks to commit to the sector more generally.
Businesses in the agriculture sector are suffering big time because of poor financial services. This situation can get increasingly frustrating if their needs for finance are not met and challenges that they face are not properly understood.
For this purpose, the SMEs (not just the ones in the agriculture sector) certainly need partners that understand and speak their business language and also help them meet their financial needs.
At Nucleus Commercial Finance, we help SMEs and find them specific solutions tailored for their business. This will help them buy the equipment they need.
To learn more about the services offered, you can visit their website www.nucleuscommercialfinance.com.

Nucleus Commercial Finance Ltd.
2 Gees Court
London
W1U 1JA
+44 (0)207 839 9451
Email: [email protected]
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Contact Email [email protected]
Issued By Jamie Martin
Website Nucleus Commercial Finance Ltd.
Country United Kingdom
Categories Business , Finance , Industry
Tags business funding , cash flow finance , commercial finance , construction finance
Last Updated October 27, 2017