Announcements, updates, releases and more.For media enquiries contact Mark Di-Toro: press@iwoca.co.uk
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.
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.
As the Chancellor prepares to deliver a package of economic measures in the upcoming Autumn Statement, new data from small business lender iwoca reveals that tax cuts are the top priority for SMEs.
Our latest SME Expert Index results show that 83% of brokers believe high street banks are reducing their appetite to fund SMEs. Read our press release to find out more.
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