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Meta channels lead the pack as 97% of SMEs now use social media for their business

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.

Medium-sized firms grew jobs at twice the rate of large businesses in last decade

Over 300,000 SMEs may cut jobs to cope with hike in employer National Insurance

Use of TikTok by young business owners doubles during pandemic

Small businesses are increasingly looking to TikTok to build their sales, according to our inaugural 'top online channels for small businesses’ list.

iwoca SME Expert Index: One in three brokers say lending market has returned to pre-pandemic levels

Our SME Expert Index sees a rising demand for finance as 1 in 3 brokers believe the market has returned to pre-pandemic levels in the first quarter of 2022.

Glasgow top UK location if you want to work for a small business

We've launched our inaugural ‘Top 25 Towns and Cities for SME Jobs’ - revealing the best places in Britain if you want to work for a small business.

We're expanding our market-first revenue based loan to support post-pandemic SME recovery

We're expanding our merchant cash advance product to all businesses accepting card payments in the UK

One in six small business owners will not take any holiday this year despite travel restrictions easing

Our recent research reveals that COVID rules on travelling may be putting off small business owners from taking any holiday this year.