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New research from iwoca reveals the overwhelming majority of UK SMEs are leveraging social media, as 97% say they use platforms to boost their business. The survey of SME owners, conducted by iwoca - one of Europe’s large SME lenders - shows Meta channels dominate the top four. Facebook leads as the top SME platform with 69% of SMEs on the network, while Instagram ranks second with 67%, and WhatsApp ranks fourth with 58% of firms using the channel.
We're delighted to have been selected for the Forbes 'Best Business Loans for Start-ups' list.
Our analysis reveals that sole traders were the biggest victims of the pandemic out of all businesses in 2021.
Our new research reveals the most pressing impacts of inflation on SMEs.
Our survey finds that sole traders may have been worst affected by COVID restrictions.
Small businesses are looking to the new Government’s expected emergency Budget to ease the squeeze of soaring energy costs and a looming recession, according to our new survey. See our press release and the results below.
