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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've pledged to provide £100m in finance to the small businesses of the North by 2020.
We’re so pleased to share the news that we were honoured with the award for Responsible Lender of the Year for Medium-Sized Businesses at this year’s Credit Awards.
We've successfully released Open Banking for all new customers with a Lloyds Bank account.
When it comes to committing to a new venture, our findings prove that making money isn’t everything. So, what are the leading motivations to going alone?
We've also overtaken Mo Farah's European record with our fastest business loan of 3 minutes and 26 seconds.
